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© Eric Tambutté

Hosted by MonacoTech, the start-up programme backed by the Monegasque State, Coraliotech is a marine biotechnology company that is engaged in innovative and promising activities: it has found a way to use coral products in healthcare applications.

Discovered and developed with the Monaco Scientific Centre, which is recognised for its coral studies, the process is also environmentally friendly.

 

Coraliotech was founded in 2017 by Rachid Benchaouir, who has a PhD in Genetic Biology. The company’s aim is to produce, evaluate and extract value from coral molecules using invention patents. With their regenerative properties, corals offer qualities that can help to protect the skin (particularly against UV rays and chemical agents) or fight some types of cancer.

These substances are of interest to major pharmaceutical and cosmetic companies.

 

© MonacoTech
© Centre Scientifique de Monaco

Conscious that coral ecosystems are extremely fragile and endangered by pollution and global warming, Coraliotech has also developed an eco-friendly technology: the required products are produced using a DNA sequence supplied by teams from the Monaco Scientific Centre, meaning that exploitation of the coral itself is not required.

This innovative project is currently at the pre-industrial production phase.

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