Otago researchers set to develop new diabetes treatment
Tuesday 18 August 2015
Otago researchers set to develop new diabetes treatment
A nutraceutical developed by University of Otago researchers that could help type II diabetes patients enjoy better regulation of their blood sugar levels has won the University’s 2015 Proof of Concept grant.
The $50,000 grant, offered by the University's commercialisation arm, Otago Innovation, is aimed at transforming novel research at Otago into a marketable idea, product or service.
Dr Phil Heyward and Dr Alex Tups
of the Department of Physiology are working on the
nutraceutical, which involves a plant product. They are
collaborating with Associate Professor Nigel Perry of Plant
and Food Research and Pat Silcock, the Manager of Food
Science’s Product Development Research Centre, who each
bring essential expertise to the project.
Drs Heyward
and Tups say that after 10 years of working in the fields of
obesity and diabetes, they are excited at the opportunity to
bring their research to a practical outcome. It is hoped
that the nutraceutical could help patients with diabetes or
prediabetes to better manage their blood glucose levels and
thereby better manage the disease.
“Obesity and diabetes, and their associated impact on quality of life are a common, serious and costly public health problem. There are currently 135 million people with diabetes worldwide and this is expected to rise to at least 300 million by 2025. Our hope is that this product, originating in New Zealand, will be a therapeutic breakthrough, which will become readily accessible around the world to those most in need,” Dr Tups says.
The team will use their Proof
of Concept Grant to progress their product to
commercialisation.
The Proof of Concept competition,
created in 2007, aims to encourage researchers to think
about possible commercial applications of their work,
including what an end product or service would look like,
and who would buy it.
This year the competition
attracted a record number of entries – 26 compared to 18
last year.
Otago Innovation’s Commercialisation
Manager Francesca Rollason says not only were the number of
applicants up, the overall quality of the applications was
extremely high, which made short-listing down to the top 15
a tricky process spanning several days, and choosing a
winner from the final four extremely difficult.
Dr
Heyward says that he and Dr Tups were thrilled to
win.
“This award confirms our vision for the outcome
of our work, helping us to go from our basic science
findings to a therapeutic product – the expertise provided
by Otago Innovation will greatly accelerate its development
and distribution.”