Fabentech, a French biopharmaceutical company specializing in medical countermeasures against biological threats, announces that it has been granted Marketing Authorization for Ricimed®, a treatment for ricin poisoning.
Ricimed®, an antidote against one of the most toxic natural substances in the world
In addition to supportive care, and in severe situations requiring immediate administration, Ricimed® represents a new therapeutic option for the management of acute ricin intoxication.
Ricin, among the most dangerous naturally occurring substances, can cause death within hours or days regardless of the route of exposure, making it a major biological threat for many countries.
Having demonstrated its ability to specifically target and neutralize ricin before irreversible damage occurs, Ricimed® is an antibody-based therapy relying on polyclonal antibodies, addressing the absence of any vaccine or specific treatment to date.
A Marketing Authorization paving the way for Fabentech’s commercial development
The Marketing Authorisation granted in France marks a major milestone for Fabentech, opening the way to a commercial phase. The company has recently secured more than €20 million in multi-year contracts with several European countries and is preparing the international deployment of Ricimed®.
Beyond national support, Fabentech’s development programs benefit from the backing of leading European institutions across its pipeline of medical countermeasures. This portfolio currently includes five active and promising programs, three dedicated to biodefence solutions and two targeting emerging infectious diseases. In October 2024, Fabentech secured €20 million in financing from the European Investment Bank under the HERA Invest program, to accelerate its research and development, bioproduction, commercialization and international expansion.
Sébastien Iva, Chief Executive Officer of Fabentech, to conclude:
“Ricin represents a critical challenge at the crossroads of security and public health. Its toxicity and potential use as a biological weapon make it a major threat, closely monitored by governments and public authorities worldwide. Ricimed® contributes to the deployment of a European health shield against intentional biological threats. The granting of this Marketing Authorization represents a decisive step for Fabentech, which now positions itself as the European leader in the fight against biological threats.”
For more information please visit, www.Fabentech.com
