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CNS
Disorders cause 35% of all diseases in Europe and
the total associated annual cost was estimated to € 386 billion.
All diseases targeted by
Advicenne Pharma have strong unmet medical needs.
There are about 4 to 5 thousand rare diseases
in the world for which there is no efficient treatment.
An
orphan drug is a drug treating relatively rare and a severe disease with no
current alternative treatment. Since Big Pharma companies are generally not
interested in these “niche” markets; Regulatory Authorities as well as
Governments have offered strong incentives to companies willing to develop new
drugs in these fields.
Orphan
drug designations allow, among other advantages, ten years exclusivity in
Europe, seven years exclusivity in USA, financial help and tax
reduction to help fund clinical development, and less time and effort in
getting marketing authorisation and registration.
Advicenne Pharma aims to launch on the market,
new therapeutic solutions for a certain number of Orphan Diseases.
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