Galenic Development in Körmend

Research and development of novel galenic pharmaceutical products and establishment of an infrastructure for their production.
START DATE: 2016-10-01

Target

Within the confines of the project, Egis Pharmaceuticals PLC develops new galenic products using already existing substances. These new products aim to offer treatment to diseases that do not have a fully satisfactory medical solution at the time. The cream, ointment, cone and gel solutions being developed will have unique compositions of pharmaceutical ingredients, or will represent new forms of effective treatment.

Results

Results expected:

In parallel to the development of new drugs, a new plant with a floor area of 4,000 m2 will be built—which will comply with the strictest quality assurance standards and will use new applied technologies.

Egis will seek to obtain patent protection for individual innovations that result from the project. During this four-year project, Egis and its consortium partners are conducting basic and applied research in order to develop a number of products—wherein the development of certain products is expected to be completed within the life of the project.

Description

Information on the proposed project:

Principal of the tender: Deputy State Secretariat for the Implementation of Economic Development Programs of the Ministry of National Economy
Title and code of the call for tender proposals: “R&D Competitiveness and Excellence Cooperations”, GINOP-2.2.1-15
Title and ID of proposed project: “Research and development of new galenic pharmaceuticals and the implementation of their manufacturing process and infrastructure”, GINOP-2.2.1-15-2016-00023
Submission date of proposal: 05/05/2016
Date of decision about funding: 02/08/2016
Granted amount and funding intensity in total: HUF 2,331,847,637 (41.8 %), from which:
Consortium leader:
                       ● Egis Pharmaceuticals PLC: HUF 1,533,300,246 (32 %)
Consortium partners:
                       ● University of Szeged HUF 358,568,943 (100 %)
                       ● Research Center of Natural Science of the Hungarian Academy of Sciences HUF 289,978,448 (100 %)
                       ● Pannon University: HUF 150,000,000 (100 %)
Time period for project implementation: 01/10/2016 - 30/09/2020
Total costs of the project: HUF 5,575,767,247

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