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News
11 Nov 2011

ORCA Receives Innovation Credit to Develop Prostate Cancer Treatment

ORCA Therapeutics BV has received an innovation credit of up to € 5 million to support development of its compound ORCA-010.

ORCA Therapeutics BV has received an innovation credit of up to € 5 million from Agentschap NL, an agency executing programmes for the Dutch Ministry of Economic Affairs, Agriculture and Innovation, to support development of its compound ORCA-010, a new, highly potent oncolytic adenovirus that can target multiple cancer indications.

 

Preclinical studies have demonstrated that ORCA-010 has superior oncolytic potency as compared to current state of the art oncolytic adenoviruses in a variety of cancer cell lines.

 

The innovation credit is a credit facility from Agentschap NL dedicated to highly innovative projects.

 

Under the terms of the agreement, ORCA receives € 1,058,000 to support the initial

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