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CASI

AN INTEGRATED AUTOMATED ECG DIAGNOSTICS PLATFORM TO IMPROVE CARDIAC SAFETY IN CLINICAL DRUG TRIALS

Total Cost €

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EC-Contrib. €

0

Partnership

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 CASI project word cloud

Explore the words cloud of the CASI project. It provides you a very rough idea of what is the project "CASI" about.

customers    50    6bn    data    trials    successfully    university    ten    jurisdictions    56m    25    buying    validation    capacity    ago    segment    services    whilst    dual    purpose    minutes    time    pharmaceutical    market    commercial    cut    margin    entering    ce    totalling    glasgow    ecg    designs    drug    incorporating    70    world    12    certifications    fits    skills    sells    licensing    mandated    conducting    grown    automated    validate    reducing    few    legislation    poor    algorithms    revenue    unnecessary    delays    jpal    vitalograph    solution    ip    customer    solutions    approvals    device    introduce    diagnostics    strategy    party    capability    bandwidth    algorithm    anticipated    group    fda    cfda    regulatory    csa    companies    ant    3rd    focusses    safety    place    operates    participated    settings    heavily    mdd    consistency    expensive    company    medical    clinical    days    regulated    manufactures    cardiac    renowned   

Project "CASI" data sheet

The following table provides information about the project.

Coordinator
VITALOGRAPH (IRELAND) LIMITED 

Organization address
address: MILL HOUSE HENRY STREET
city: LIMERICK
postcode: V94
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Ireland [IE]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.1.3. (Treating and managing disease)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-03-01   to  2015-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    VITALOGRAPH (IRELAND) LIMITED IE (LIMERICK) coordinator 50˙000.00

Map

 Project objective

Vitalograph is a 50 year old company, that designs, manufactures and sells medical devices in clinical settings and clinical drug trials. This proposal focusses on the validation of a new dual-purpose 12 lead ECG diagnostics device incorporating an automated algorithm to be used in the regulatory mandated cardiac safety elements of clinical drug trials. Current solutions are expensive, introduce unnecessary analysis delays and have poor data consistency. The proposed solution can cut customer costs by 50% whilst at the same time improving Vitalograph’s margin from 25% to 70% as well as reducing the analysis time from several days to a few minutes. The target market has grown to be greater than €1.6Bn in 10 years with the targeted segment being one third of this. The target customers are pharmaceutical companies conducting drug trials The project fits well with Vitalograph’s product and market strategy to develop new medical devices for clinical drug trials and will increase the available market by a factor of 10. The company already operates successfully within the market having participated in over 50 trials totalling €56m in revenue since entering the market ten years ago. It has the R&D skills and bandwidth, operational capacity and commercial capability to fully exploit the resultant offering. Vitalograph has already established a market in cardiac safety in clinical trials by buying in other devices and services. Vitalograph will work with the world-renowned Glasgow University ECG group as a 3rd party to validate their existing clinical algorithms for automated use in clinical drug trials. An IP licensing agreement is already in place and no IP issues are anticipated. The market is heavily regulated under medical device legislation in all jurisdictions (CE MDD, FDA, CSA, JPAL, CFDA etc.) but Vitalograph already has the necessary approvals, experience, regulatory knowledge and certifications to bring this product to the market.

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The information about "CASI" are provided by the European Opendata Portal: CORDIS opendata.

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