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Science Finances the Development of an Infrastructure for Advanced Therapies in Spain with €45

Embedded within the Strategic Plan for Economic Recovery for Vanguard Health, this initiative is funded through the Recovery, Resilience, and Transformation Mechanism. It will benefit 43 entities spanning 14 autonomous communities in Spain. Certera’s focus is on advancing innovative medicines and therapeutic solutions, leveraging gene therapy, cell therapy, and tissue engineering to combat various diseases.

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Driving advanced therapy. The Carlos III Health Institute (IscIII), as an organism dependent on the Ministry of Science, Innovation and Universities,  has announced the allocation of €45 million for the State Network Consortium for the Development of Advanced Therapies Medicines (Certera).

This initiative, integrated into the Strategic Plan for Economic Recovery (Perte) for Vanguard Health and financed through the Recovery, Resilience and Transformation Mechanism, will benefit 43 entities distributed in 14 autonomous communities of Spain.

Certera focuses on promoting the development of innovative medicines and therapeutic solutions through the use of gene therapy, cell therapy and tissue engineering to combat different diseases. 

The grants will support the development of this network and  promote facilities, infrastructure, skills and human resources, distributed across three technical levels:  production of advanced therapy medicines, expansion of production capacity and provision of services for the development of advanced therapy medicines.

The consortium  seeks to link academic and technological capabilities from the research phase to early clinical trials , with the purpose of amplifying the potential already present or under construction in the field of advanced therapies in Spain.

Read more about the Ministry of Science and the allocation of 45 million to innovation in health, and find the most important financial news of the day with the Born2Invest mobile app.

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The Minister of Science, Innovation and Universities highlighted the Government’s commitment to investing in the  development of innovative medicines. Source

The initiative of the Ministry of Science will benefit 43 entities distributed in 14 autonomous communities of Spain

The distribution of the selected entities shows a significant presence in regions such as Catalonia, Madrid, Andalusia, the Basque Country and other communities, reflecting the interest and collaboration in this project at the national level. The financing assigned to each entity will depend on its participation and contribution  to the different levels of production and services defined in the call.

The Minister of Science, Innovation and Universities, Diana Morant, highlighted the Government’s commitment to investing in the  development of innovative medicines, ensuring access to advanced therapies through the National Health System . For his part, Cristóbal Belda, director of the ISCIII, highlighted the challenge of selecting projects with potential future value, emphasizing the importance of academic hospital environments in the creation of these therapies.

With this financing, significant progress is expected in promoting advanced treatments in Spain, contributing to a faster and more efficient development of innovative therapeutic treatments for the benefit of public health.

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(Featured image by ernestoeslava via Pixabay)

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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.

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