BANGALORE: Pandorum Technologies Pvt. Ltd., the Bangalore-based biotechnology startup working on tissue engineering, announced today that it has developed artificial tissue that performs the functions of the human liver. These 3D printed living tissues enable affordable medical research with reduced animal and human trials, and will eventually lead to full-scale transplantable organs.
"This is a significant milestone," said Dr.
Tuhin Bhowmick, who holds a PhD from the Indian Institute of Science, and co-founded the company, "being able to engineer complex tissues such as the human liver."
Pandorum's artificial liver tissues not only represent a major step towards on-demand manufacturing of human organs for transplant, but more immediately have potential to be the game changer for developing new medicines and vaccines.
"Liver toxicity and drug metabolism are the key hurdles, and contributors to failed human trials. Our 3D bio-printed mini-livers that mimic human's will serve as test models for discovery and development of drugs with better efficacy, less side-effects and at lower costs," added Dr. Bhowmick.
Pharma giants, on an average, spend upward of 10 billion dollars and 10 years on R&D to get a single new drug to market with FDA approval. The global market for in vitro toxicity testing alone is expected to reach 4 billion dollars by 2018.
"Yes, it is a multi-billion dollar fast growing market, and we intend to continue being a leader," said Mr. Arun Chandru, Co-founder and Managing Director, "More importantly, this has the potential to impact millions of lives."
About Pandorum Technologies
Founded in 2011 by academic entrepreneurs, Pandorum Technologies Pvt. Ltd., is a biotechnology startup with distinct synergy of life science and engineering competences. The company works on design and manufacturing of functional human tissues; for medical research, therapeutic and other applications. Pandorum is supported by grants from BIRAC, GoI, and is located in C-CAMP, Bangalore Bio-Cluster. More information is available at http://www.pandorumtechnologies.in.
Media Contact:
Arun Chandru
arun@pandorumtechnologies.in
+91-9902932178
Pandorum Technologies Pvt Ltd