EU H2020 Project "EASIVIRAL (EASIVIRAL)": description, partecipants, costs and EC-fundings

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EASIVIRAL project word cloud

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

see stated feasibility time virus received crisis venture alone region 210m 2024 excellence patient accuracy kit biotechnologies grow blood partners september ltd exists detection techniques structure viruses diagnoses granted seal load easiviral disrupt patents clinical 2015 prescription rt ceo outcomes laboratories proven gt supply purify life cumulative market clinics significantly offers competitiveness altratech stops acceptance create portability viral hepatitis poc format portfolio decades people accelerated elimination robustness centered revenues 30 innovative biomarkers 12 sme successful intervention vl saving 75 therapy enhances made manufacturing critical combination innovations detect refrigerated ebitda phc local urges spread 1b 2016 care labs simultaneous exceeded jobs commercialise portable threshold battery share combo solution improvements diagnostics disruptive reagents trl hiv mins capacity point capture displace 18m 76 operated pcr

Project "EASIVIRAL" data sheet

The following table provides information about the project.

Coordinator	ALTRATECH LIMITED Organization address address: 4TH FLOOR 103/104 O CONNELL STREET city: LIMERICK postcode: V94 AT85 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]
Project website	http://www.easiviral.com
Total cost	2˙969˙000 €
EC max contribution	2˙969˙000 € (100%)
Programme	1. H2020-EU.3.1.3. (Treating and managing disease)
Code Call	H2020-SMEINST-2-2016-2017
Funding Scheme	SME-2
Starting year	2017
Duration (year-month-day)	from 2017-12-01 to 2020-11-30

#	participants	country	role	EC contrib. [€]
1	ALTRATECH LIMITED	IE (LIMERICK)	coordinator	2˙969˙000.00

ALTRATECH LIMITED

IE (LIMERICK)

coordinator

2˙969˙000.00

Project objective

In September 2016 WHO-Europe stated “Europe is at a critical point with HIV. New diagnoses in the European Region recently increased by 76%”. WHO urges “an accelerated people-centered response” based on taking HIV viral-load (VL) testing out of labs and into local clinics where it is most needed at point-of-care (PoC). No such solution exists today. New disruptive innovations are needed to address this. AltraTech Ltd has developed three proven biotechnologies to capture, purify, and detect the HIV virus from a blood sample, in 40 mins, using proven HIV biomarkers. This enables life-saving clinical intervention, immediate prescription and therapy for the patient, and stops further spread of the virus. The three techniques are innovative. Their combination, in a portable battery-operated kit format, is disruptive. It offers the unique combination of portability, robustness, reduced cost, with simultaneous increase in accuracy, combo-detection of Hepatitis and other viruses, and elimination of refrigerated reagents. It will address the above crisis, the HIV-VL PoC market, and has the potential to disrupt the €1B viral clinical diagnostics market and displace RT-PCR diagnostics that have been used in laboratories for two decades. Following a successful SME-Phase-1 feasibility, the technology received a Seal-of-Excellence in Phase-2(PHC-12-2015) – exceeded funding threshold. TRL improvements have been made in 2016, and a new CEO, management structure, and new venture funding significantly enhances AltraTech capacity to commercialise EASIVIRAL and see it reach market acceptance. The outcomes will enable capture a market leading share of > 30% of the €210M PoC HIV-VL market, reach cumulative EBITDA for this product alone of more than €18M by 2024. AltraTech will create 75 new jobs during this time, grow its portfolio of granted patents on its disruptive EASIVIRAL technology, and increase the revenues, jobs, and competitiveness of its manufacturing supply partners

Deliverables

List of deliverables.
1000 fabricated silicon sensor chips	Demonstrators, pilots, prototypes	2020-02-12 16:28:30
Poster showing lower-limit of quantification	Websites, patent fillings, videos etc.	2020-02-12 16:28:31
Data Sheets, App Notes, White Papers, Publicity material	Websites, patent fillings, videos etc.	2020-01-30 10:06:41

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