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EASIVIRAL SIGNED

EASIVIRAL

Total Cost €

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EC-Contrib. €

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Partnership

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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.

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

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

 Partnership

Take a look of project's partnership.

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

Map

 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

Take a look to the deliverables list in detail:  detailed list of EASIVIRAL deliverables.

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

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