December 23, 2020
01:00
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The Walloon government has granted Novadip two recoverable advances to support the development of a treatment for pseudarthrosis of the tibia, a rare pediatric disease.
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Repairing a young patient’s shin by implanting a bone graft is the treatment developed by Novadip Biosciences. Last September, this spin-off of UCLouvain and the Saint-Luc University Clinics presented in a world premiere the placement of a 3D tissue implant of more than 18 cm3 on a 5 year old boy suffering from congenital nonunion of the tibia.
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To support the next development phases of its NVD-003 treatment, Novadip has just been granted by the Walloon government aid in the form of a recoverable advance of 5.7 million euros. NVD-003 is an experimental autologous cell therapy (using stem cells drawn from the patient himself) for congenital nonunion of the tibia. This rare and debilitating disease, characterized by a broken tibia that does not heal, mainly affects children.
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The endorsement of the FDA
“This aid will be dedicated to development of protocols for a clinical study to be carried out mainly in the United States. We could also open one or two clinical study centers in Belgium, under the cover of the American FDA, ”explains Denis Dufrane, CEO of Novadip.
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