Ferentis awarded EU Eurostars funding

2015-09-28 Vilnius.  Ferentis UAB, Experimentica Ltd. (Finland), and State Research Institute Center for Physical Sciences and Technology (Department of Nanoengineering), Lithuania, were awarded a 534.364 € funding from the Eurostars programme to develop synthetic human-like corneal models as in vitro tools to aid eye drug assessment and screening, and reduce animal testing. Ferentis will be the project leader.  The project will start on January 4th, 2016 and will run for 24 months.

Eurostars is a funding instrument that supports R&D of innovative SMEs in order to aid the development of products that will improve the daily lives of people around the world. Eurostars is co-financed by EUREKA member countries and the European Union Horizon 2020 Framework Programme.

About Ferentis

Ferentis is an award-winning biotechnology company involved in developing a proprietary synthetic hydrogel platform – tissue matrix- with tunable chemical and physical properties to enable advanced cell and tissue culture technologies.  This biomimetic tissue matrix allows Ferentis to create functionally modified products also for a variety of tissue engineering applications, from in vitro testing to clinical regenerative medicine solutions. For more information, visit www.ferentis.eu

About Experimentica Ltd.

Experimentica Ltd. is a preclinical contract research organization (CRO) dedicated to develop and provide ocular disease models. Experimentica Ltd. is a global company and the largest ophthalmic CRO in Northern Europe, striving to provide scientific excellence by relying entirely on in-house expertise. Experimentica Ltd. is headquartered in Kuopio, Finland with offices in Tampere, Finland and Chicago, IL, USA. For more information, visit www.experimentica.com.

About Center for Physical Sciences and Technology (CPST)

The CPST is the largest scientific research institution carrying out unique fundamental research and technological development in scientific fields of laser technologies, optoelectronics, nuclear physics, organic chemistry, bio and nanotechnologies, electrochemical material science, functional materials, electronics, etc. in Lithuania. The mission of the CPST is to bridge innovative science and high technologies for business and society needs. For more information, visit www.ftmc.lt.