Our approach is to prove that an idea or compound works!
This is called obtaining proof of concept (POC). The POC phase is the phase in the development of a drug in which the value of the compound increases most. This is illustrated in table 1.
Table 1.
On average obtaining POC will cost 7.5 million € but will increase the value of the compound with 50 million €. A Return Of Investment of 600%.
POC can be obtained both in predictive animal models and in small scale clinical studies. Performing these studies is our expertise.
Chardon Pharma is an incubator that invests in new ideas and projects. Successful projects will be spun-off in separate companies with external funding.