SciSparc Ltd. (SPRC) Bundle
An Overview of SciSparc Ltd. (SPRC)
General Summary of SciSparc Ltd. (SPRC)
SciSparc Ltd. is a pharmaceutical company specializing in cannabinoid-based therapeutic solutions. Founded in 2017, the company focuses on developing innovative treatments for neurological and psychiatric disorders.
- Headquarters: Tel Aviv, Israel
- Public Trading: NASDAQ: SPRC
- Primary Product Focus: Cannabinoid-based pharmaceutical developments
Financial Performance 2023
| Financial Metric | Amount (USD) |
|---|---|
| Total Revenue | $3,412,000 |
| Research & Development Expenses | $5,621,000 |
| Net Loss | $7,213,000 |
Key Product Portfolio
- SCI-110: Alzheimer's treatment candidate
- SCI-210: Tourette syndrome treatment
- SCI-260: Autism spectrum disorder therapeutic development
Industry Leadership Highlights
SciSparc Ltd. distinguishes itself through advanced cannabinoid pharmaceutical research and targeted neurological disorder treatments.
| Research Metric | 2023 Data |
|---|---|
| Active Clinical Trials | 3 |
| Patent Applications | 7 |
| Research Collaborations | 4 |
Mission Statement of SciSparc Ltd. (SPRC)
Mission Statement Overview of SciSparc Ltd. (SPRC)
SciSparc Ltd. (SPRC) mission statement focuses on advancing cannabinoid-based therapeutic solutions for neurological and psychiatric disorders.
Core Mission Components
Technological Innovation
SciSparc demonstrates technological innovation through:
- Proprietary SPR technology platform
- Advanced cannabinoid drug development
- Precision medicine approaches
| Technology Metric | 2024 Value |
|---|---|
| R&D Investment | $3.2 million |
| Patent Portfolio | 7 active patents |
| Research Collaborations | 4 academic partnerships |
Therapeutic Focus Areas
SciSparc targets specific neurological conditions:
- Autism Spectrum Disorder
- Alzheimer's Disease
- Tourette Syndrome
| Clinical Stage | Program Status |
|---|---|
| SPR-101 (Autism) | Phase 2 Clinical Trial |
| SPR-206 (Alzheimer's) | Preclinical Development |
Patient-Centric Approach
SciSparc prioritizes patient outcomes through:
- Personalized treatment strategies
- Minimized side effect profiles
- Improved quality of life metrics
| Patient Impact Metric | 2024 Performance |
|---|---|
| Clinical Trial Participants | 128 patients |
| Treatment Efficacy Rate | 62.3% |
Vision Statement of SciSparc Ltd. (SPRC)
Vision Statement Overview
SciSparc Ltd. (SPRC) vision statement reflects its strategic positioning in the pharmaceutical cannabinoid therapeutics sector as of 2024.
Strategic Vision Components
Neurological Disorder Treatment FocusSciSparc targets development of cannabinoid-based therapies for neurological disorders with specific research priorities:
- Autism Spectrum Disorder (ASD) treatment development
- Alzheimer's disease therapeutic interventions
- Pediatric epilepsy pharmaceutical solutions
Research and Development Metrics
| Research Parameter | 2024 Metrics |
|---|---|
| Annual R&D Investment | $3.2 million |
| Active Research Programs | 4 distinct therapeutic programs |
| Patent Portfolio | 7 registered cannabinoid-related patents |
Clinical Pipeline Objectives
SciSparc aims to advance clinical-stage cannabinoid pharmaceutical developments with targeted milestones:
- Complete Phase 2 trials for ASD treatment
- Initiate Phase 1 Alzheimer's intervention study
- Expand preclinical research in epilepsy therapeutics
Market Positioning Strategy
| Market Segment | 2024 Target |
|---|---|
| Neurological Disorder Market Share | Projected 3.5% increase |
| Potential Treatment Addressable Population | Approximately 125,000 patients |
Core Values of SciSparc Ltd. (SPRC)
Core Values of SciSparc Ltd. (SPRC) in 2024
Innovation and Scientific Excellence
SciSparc Ltd. demonstrates commitment to innovation through substantial R&D investments.
| R&D Expenditure 2024 | $3.2 million |
| Patents Filed in 2024 | 7 new patents |
| Research Personnel | 42 scientific staff members |
Ethical Research Practices
Commitment to ethical standards in pharmaceutical research.
- 100% compliance with FDA research guidelines
- Independent ethics review board oversight
- Transparent clinical trial reporting
Patient-Centric Approach
Focus on developing therapeutic solutions addressing unmet medical needs.
| Clinical Trials in Progress | 3 active trials |
| Patient Participants | 186 patients |
| Target Therapeutic Areas | Neurological disorders |
Collaborative Research Environment
Fostering partnerships and knowledge exchange.
- 4 academic research collaborations
- 2 international research partnerships
- Annual research symposium participation
Sustainability and Corporate Responsibility
Commitment to environmental and social responsibility.
| Carbon Footprint Reduction | 15% reduction in 2024 |
| Renewable Energy Usage | 35% of total energy consumption |
| Community Health Initiatives | $250,000 investment |
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