700065New drug dosage formula for the treatment of hypertension and heart failure in childrenClosedGRD Proof of MarketInnovate UKWith today’s major research and development activities of pharmaceutical companies focused on meeting the needs of an increasingly aging population, children who represent the bulk of the dependent population worldwide still remain a widely neglected niche market The recognition of the rights of children to have access to safe and effective drugs and the needs of healthcare providers to receive age-appropriate drug information continues to have a major effect on all areas of pediatric pharmaceuticals. In line with this challenge, Proveca’s objective is to develop a new dosage formula of an off-patent drug for the treatment of hypertension and heart failure in children and apply for the relevant authorisation. The currently licensed medicine is mainly available in tablet form; however children are either unable or unwilling to swallow tablets, proving problematic in the long-term use. Alternatives of the drugs are available in liquid form, however the lack of formalised licensing with an official regulatory body causes several concerns. With the formulation of medicines being a significant parameter to ensure optimal dosing levels with minimal toxicity, the high variation in the currently unlicensed liquid formulations dispensed to children in the UK raise significant issues related to patient safety and drug efficacy. With a growing pressure on drug safety and new requirements on risk evaluation and mitigation strategies (REMS), there is an increasing need to deliver accuracy and congruence of medication supply to patients. Proveca’s new formulation has the potential to improve children’s physiologic status, quality of life and length of life. The aim of this Proof of Market is to enable Proveca to investigate the market requirements and potential for the new drug formulation through the delivery of an in-depth market research.