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Pharmalicensing Ltd
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UTEK Corporation
Companies

Palau Pharma (Spin-out of Grupo Uriach)

PALAU PHARMA is a newly created biopharmaceutical company devoted to the discovery and development of small molecules for the treatment of inflammatory and autoimmune conditions.

The company in detail

Profile

PALAU PHARMA is a newly created biopharmaceutical company devoted to the discovery and development of small molecules for the treatment of inflammatory and autoimmune conditions. The R&D track record, the strategy and the business model of the Company position PALAU PHARMA as pioneer and leader in the Spanish biopharmaceutical industry.

Based in Barcelona, Spain, PALAU PHARMA is the spin-out of GRUPO URIACH’s R&D Unit, the discoverer and developer of the antiplatelet agent Disgren® (trifusal), and the antihistaminic agent Rupafin® (rupatadine).

The Company benefits from the advantage of belonging to a well-established Group, from which PALAU PHARMA has inherited the R&D's Management and Scientific teams. This group of managers and scientists has a proven track record in developing promising novel pharmaceuticals, from drug discovery to commercialization. Specifically, it has very strong expertise in immune and inflammation-based diseases, rational design of small molecules, clinical development, and patent strategy. 

PALAU PHARMA was created on November 1, 2006. The company has been capitalized through a private placement of approximately 40M €. The investors in PALAU PHARMA are Invercartera (Grupo Caixa Catalunya), Caja Duero, Harmish & Mytaros and Najeti Capital. GRUPO URIACH is the majority shareholder in PALAU PHARMA.

Partnering strategy/interests

PALAU PHARMA seeks to become a global biopharmaceutical company focused on discovering new pharmaceuticals for the treatment of inflammatory and autoimmune conditions.

Our strategy is to expand our pipeline, incorporating new patent-protected chemical entities arising from our own drug discovery as well as those acquired from in-licensing agreements.

Our therapeutic fields of interest are diseases of inflammatory and autoimmune origin such as asthma, psoriasis, atopic dermatitis, rheumatoid arthritis, and inflammatory bowel disease.

We maximize the value of our projects by developing promising molecules up to Phase II clinical studies (proof-of-concept in human subjects), in order to license them out to the best possible partner. Opportunistically, PALAU PHARMA will develop some of its projects up to registration, and could eventually also commercialize some of its products.

In-licensing  

Palau Pharma is interested in out-licensing their patent-protected New Chemical Entities and are specially interested in compounds that have reached the late preclinical stage or early phase I clinical trials.

Out-licensing  

Palau Pharma out-licenses its projects after they have completed at least one Phase II clinical trial (proof-of-concept). The company is also open to the possibility of establishing partnerships and collaborative agreements at earlier stages of development, as it has successfully done in the past. 

Out-licensing

UR-1505 is being developed for the topical treatment of psoriasis and atopic dermatitis More
The molecule is an azo derivative of an active molecule (UR-12715, PAF antagonist and anti-TNFa) and 5-aminosalicylic acid (5-ASA), the gold standard treatment for mild to moderate ulcerative colitis More

In-licensing

Palau Pharma is seeking small molecules at the late preclinical stage or clinical phase I More
Palau Pharma is seeking an inflammation/autoimmune disorder commercialized drug with novel DDT, combination product More

R&D

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Partnerships

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Deals

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Press Releases

(23rd Jan 2007) unich, Germany and Barcelona, Spain - Affectis Pharmaceuticals AG, a biopharmaceutical company developing novel drugs for depression and schizophrenia, announced today that it has in-licensed a novel, selective Cox-2 inhibitor from Palau Pharma More
(1st Nov 2006) GRUPO URIACH and a group of four financial investors - INVERCARTERA (GRUPO CAIXA CATALUNYA), CAJA DUERO, HARMISH & MYTAROS and NAJETI CAPITAL - have closed an agreement by which the latter acquire a minority stake in URIACH's subsidiary PALAU PHARMA More
(1st Jul 2004) 1 July 2004, Oss, The Netherlands - Uriach and Organon today announced they have entered into a global license agreement for the discovery and development of kinase inhibitors for anti-inflammatory diseases such as Rheumatoid Arthritis. More

Head office

Palau Pharma (Spin-out of Grupo Uriach)
Poligono Industrial Riera de Caldes
Avinguda Cami Reial 51-57
Palau-solita i Plegamans
Barcelona
08184
Spain

Tel:  +34 93 864 96 92
Fax: +34 93 864 66 06
www | email

Contact details

Heidi Sisniega
Head
Business Development & Licensing
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Nuria Personat
Business Development
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Company figures

Formed: 2006

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