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HomeLatest NewsThe startup Glycoscience closes a financing round for 1.9 million euros

The startup Glycoscience closes a financing round for 1.9 million euros

Date: July 16, 2024 Time: 20:48:47

The biotechnology startup Glycoscience launches its first product on the market, an innovative broad-spectrum mosquito repellent of natural, non-toxic and ecological origin that offers effective protection for twelve hours against various species of these insects. Thanks to Glycoscience technology, the new protector for topical use exceeds the efficacy and duration of existing chemical repellents on the market but using ingredients of natural origin, harmless to people and respectful of the environment.

“There is a big problem with current repellents. To maintain their effectiveness, synthetic products tend to become increasingly toxic, because they try to improve their effectiveness by increasing the dose of active ingredient. And the natural ones, which are harmless to humans, are less effective due to their limited duration of action. For 30 years no new solutions have been seen on the market. With Glyco-protec® we have finally achieved the best possible repellent, because it is natural and non-toxic but effective”, says Esteve Guardia, CEO of Glycoscience. “We are very excited about this launch because of the growing importance of repellents in protecting against disease and in the health of families, a need that is accentuated by climate change and the spread of vector-mediated diseases,” he added.

Glyco-protec®, positioned as the most effective and safe option on the market, uses Glycoscience’s patented technology, which improves natural molecules to increase release times and the effectiveness of products applied to the skin. Only vegetable ingredients from organic farming are used in its production. Its efficacy has been independently proven by the German Biogenius institute in studies with regulatory value. The product is effective even against the tiger mosquito.

Glicoscience founded in 2017 The company holds three European patents related to the chemistry of sugars. From its library of new molecules, several have already begun their development in different fields: in addition to the line of repellents for humans, the startup is working on one for animals, as well as various products for the agrochemical field.

Glyco-protec® can now be purchased in France and Andorra. It is expected to be available on the international market in the summer of 2024.

Glycoscience was founded by medical graduates, MBAs, and scientific experts along with PhDs in synthetic organic chemistry and pharmacology. Its R&D facilities for molecular biology are located at the BIC-Bizkaia, in the Derio Technology Park, Bilbao, and its facilities for organic chemistry are in Barcelona. The startup has the support of the Basque Government and the European Union through FEDER funds and the Center for Industrial Technological Development (CDTI) through the NEOTEC initiative.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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