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Micar Innovation

Micar Innovation
Founded
2016
Status
Private
Geography
Bulgaria based

About

Micar Innovation is a drug discovery engine. Micar Innovation creates new companies in partnership with pioneering academic researchers and major biopharmaceutical companies, which provide funding and a path to liquidity through pre-negotiated acquisitions.

Drug discovery operations are built around an experienced team of researchers. Previous accomplishments of Micar Innovation team members led to multiple marketed and clinical-stage drugs in diverse disease areas including neurology, oncology, arthritis. Micar Innovation business model includes “Build-to-Buy” partnerships, where world-class academic researchers are matched with pharmaceutical partners to form new drug discovery programs for the Micar Innovation team to execute upon. New start-up companies are spun-out for translation of these programs into novel therapies, incorporating an exclusive option for a pharmaceutical partner to acquire a spun-out company downstream at pre-set terms. Micar Innovation has now formed multiple companies around discovery programs subject to Build-to-Buy agreements.

Business model
  • Operations Service
  • Own Drug Discovery Programs
Therapeutic focus
  • Cardiovascular
  • Dermatology
  • Metabolics
  • Neuroscience
  • Oncology
  • Rare Diseases
Data type used for modelling
  • Chemical notations and molecular fingerprints
  • EHRs/lab notebooks/databases (structured data mining)
Drug Discovery Strategy
  • Structure Based Drug Discovery (SBDD)
Product type
  • Small molecules
Research focus
  • Biology research (Target identification/validation)
  • Data mining / Ontology building
  • Lead Discovery
  • Preclinical Development