SantoSolve
Develops topical analgesic products with non-radioactive strontium as the active substance
About SantoSolve
Santosolve is a pioneering company in the pharmaceutical industry, focusing on the development of innovative pain management solutions. The company leverages the unique properties of strontium, a chemical element similar to calcium, to inhibit key biological pathways involved in pain signalling. This approach aims to provide effective pain relief without the serious adverse effects commonly associated with existing pain medications, such as NSAIDs (Non-Steroidal Anti-Inflammatory Drugs), which are linked to substantial health risks including hospitalizations and deaths.
Santosolve primarily serves patients suffering from chronic pain conditions, including osteoarthritis of the knee and post-amputation pain. The company operates in the global healthcare market, targeting both patients and healthcare professionals who are seeking safer and more effective pain management options.
The business model of Santosolve revolves around the research, development, and commercialization of its pain management drugs. Revenue is generated through the sale of these pharmaceutical products, as well as potential licensing agreements and partnerships with other healthcare organizations.
Santosolve's innovative approach has led to the advancement of its lead product, 2PX, into pivotal Phase III clinical trials for both osteoarthritis of the knee and chronic post-amputation pain. The company's commitment to addressing the unmet needs in pain management positions it as a key player in the pharmaceutical industry.
Source: Dealroom company dataAt a glance
- Founded
- 1994
- Headquarters
- Oslo, Norway
- Sector
- Biotech & Life Sciences
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