Formac to receive EU financial support through Its Horizon 2020 scheme for the upscaling of its technology

4 May 2015 – Formac to receive EU financial support through Its Horizon 2020 scheme for the upscaling of its technology

 

Formac is thrilled to announce that its USODA project (Upscaling Synthesis of Ordered mesoporous silica material for Drug delivery Applications) submitted within the European Horizon 2020 program under the NMP-25 topic has been positively reviewed & the corresponding grant signed today.

With more than 3000 SMEs participating in this cut-off and Open Disruptive Innovation scheme and with less than 10 % of the applicants getting their project funded, today’s grant is a very strong validation of the potential of Formac’s technology in the field of drug delivery.