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French start-up licenses Yale technology to create advanced skin care products


By Jesse Schwartz
Published: October 10th, 2018

A start-up launched by French VC firm Truffle Capital has licensed a technology platform from Yale University that could have wide-ranging applications in dermatology products.

The start-up, Nanosive SAS, aims to capitalize on the work of Yale researchers who developed a process to encapsulate active ingredients in polymers, thereby achieving remarkable properties of adhesiveness. The start-up will focus on applying the technology to create skin care products that protect from the sun, prevent cancer, and counter the effects aging on skin.

Nanosive SAS received support from the Truffle BioMedTech Fund, which is focused on financing start-ups in the fields of life sciences and information technology. The worldwide, exclusive licensing deal with Yale is the second within a few months between a Truffle start-up and a top-ten U.S. research university.

A statement from Truffle reads, “This agreement represents a new achievement in the deployment of our Truffle BioMedTech Fund strategy, which is to source disruptive technologies worldwide in the best universities to build BioMedTech start-ups in France.” The company’s operations will be located in the newly created Obratori incubator of L’Occitane Group, in Marseille, France.

Yale researchers W. Mark Saltzman and Michael Girardi initially developed the licensed technology and will serve as scientific co-founders of Nanosive, and will also lead sponsored research projects for the start-up in their Yale labs.

“We are excited about working with Truffle Capital and this opportunity to advance our photoprotection technology,” says Saltzman.

“This partnership will allow us to develop our novel strategies for the safe and effective prevention of skin cancer, as well as the prevention of changes associated with photoaging,” comments Girardi.

Source: Private Equity Wire

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