The LAI Challenge seeks innovative solutions in the field of sustained-release injectable drug delivery technologies that may help overcome obstacles in enhancing the efficiency of the healthcare system and the rational use of medicines.
Thu, 24/11/2022 - 09:46
3 minThe LAI Challenge seeks innovative solutions in the field of sustained-release injectable drug delivery technologies that may help overcome obstacles in enhancing the efficiency of the healthcare system and the rational use of medicines.
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Sustained-release drug delivery is a field where significant progress is being made that increases the efficacy of the medicines, improves treatment adherence and attains greater efficiency for the healthcare system. Laboratorios Farmacéuticos ROVI’s goal in launching the LAI Challenge is to redefine the sustained release of injectable drugs.
With this initiative, ROVI wishes to seek and promote innovative solutions that will reinforce and transform injectable technologies for the sustained release of medicines. To this end, it is launching an open innovation challenge, in which sector professionals may submit projects that provide a technological solution.
Ibon Gutierro Adúriz, the company’s R&D Director, says that “ROVI is a competitive company that bets on generating value, expanding knowledge and seeking new and innovative therapeutic solutions, and we know that the best way of doing this is to work with the innovation ecosystem.”
The challenge poses the following question: “How could we improve treatments by using sustained-release injectable drug delivery technologies?” The purpose of this initiative is to encourage progress in the field of sustained-release injectable technologies. Specifically, LAI Challenge seeks solutions that improve sustained-release injectable drug delivery technologies in one of the following three areas:
With this project, ROVI opens up a new channel for collaboration with sector professionals.
The following entities may take part in the LAI Challenge:
The winners of the challenge will have the opportunity to develop their idea with the guidance and advice of ROVI professionals, as well as the latter’s knowledge of the regulatory, legal and operational aspects of the sector.
Persons and entities who are interested in taking part in the LAI Challenge may consult the terms and conditions and enter through https://laichallenge.rovi.es/en/. The deadline for registration is from November 24 to January 31, 2023. .
Open innovation
An open innovation programme like the LAI Challenge seeks for the company promoting the challenge to collaborate with external players in order to find new ideas and processes. These players may be research centres, universities, companies created in the university sphere (spin-offs), start-ups, and national or international companies, among others. This type of initiative allows new and better solutions to corporate problems and other stumbling blocks to be found more swiftly and flexibly. In addition, they benefit both the company calling for proposals and the participants, who find an opportunity to transfer their ideas to the market and have the advice and knowledge of sector professionals.
“At ROVI, we consider R&D activities as one of the main drivers of the company’s strategic growth. In this respect, we have developed a leading-edge line of research in the field of sustained-release drug delivery, in which we want to continue to grow, always betting on collaboration with research centres, start-ups and spin-offs to obtain the best advances”, said Ibon Gutierro Adúriz, the company’s R&D Director.