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ThyroTrust

A novel reliable diagnostic device to avoid unnecessary thyroid surgery

Total Cost €

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EC-Contrib. €

0

Partnership

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 ThyroTrust project word cloud

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

lesion    clinically       quality    classified    abolishment    negative    surgeries    diagnosis    million    740    thyroid    ce    market    cos    thyrotrust    either    panel    nodules    measured    clinical    search    validated    genes    time    life    complications    fnac    types    aspiration    ing    outcome    indeterminate    ivd    90    generation    47    15    26    performed    expression    organization    forcing    benign    30    postoperative    category    reveal    prevalence    financial    idea    lt    correct    introduce    needle    fna    first    variations    positive    italy    virtually    unnecessary    procedure    gene    feasibility    malignancy    proposing    plan    80    opportunity    tool    cytological    price    kit    estimation    cancer    surgical    sequencing    thyroidectomy    44000    hormone    diagnostics    route    strategy    histology    prudentially    cytology    fine    social    rearrangements    surgery    diagnostic    effect    influences    adverse    patients    malignant    risk    300    ipr    replacement    scope    planning    innovation    addressable    manufacturing    66    business    considerable    frequent   

Project "ThyroTrust" data sheet

The following table provides information about the project.

Coordinator
GENOMNIA SRL 

Organization address
address: CORSO MAGENTA 56
city: MILANO
postcode: 20123
website: www.genomnia.com

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 Italy [IT]
 Project website http://www.genomnia.it
 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-1-2015
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-02-01   to  2016-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GENOMNIA SRL IT (MILANO) coordinator 50˙000.00

Map

 Project objective

Fine needle aspiration cytology (FNAC) is the best procedure for a timely and reliable diagnosis of either a benign or malignant thyroid lesion. However, the management of patients with indeterminate cytology (10-26%) is a frequent clinical and social problem, as this cytological category is associated with a 15 to 30% prevalence of malignancy, forcing most of these patients to diagnostic surgery. However, for the 80% of these patients the surgery is unnecessary as the postoperative histology reveal a benign lesion. The negative social and financial consequences of this approach are relevant in Europe (44000/year thyroidectomy only in Italy) as well as the adverse influences on the quality of life of the patients due to surgical complications and hormone replacement. We will introduce in the market the first clinically validated CE-IVD targeted Next Generation Sequencing diagnostic kit ThyroTrust for the correct diagnosis of thyroid nodules with indeterminate cytology. Our kit is the first to include a considerable number of variations in 47 genes, 66 types of rearrangements and 8 gene expression level measured at the same time and associated with malignant outcome. This will avoid diagnostic surgery if a risk of malignancy <5%. In the scope of the feasibility study we will assess: - Technology innovation opportunity and business idea - Development planning and partner search - IPR, quality, organization and manufacturing route - GO-TO-MARKET strategy and business plan 740,000 FNA are performed in Europe, so the addressable market, with an end-user price/kit of 300€, is over €50 Million/year. Prudentially, market estimation considers only FNA results classified as “indeterminate cytology”. The same approach could be evaluated and adopted for other cancer diagnostics, proposing a similar gene panel kit on the market. The positive effect resulting from such diagnostic tool can virtually lead to the abolishment of 90% of unnecessary surgeries and related cos

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

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