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LABMASTER LUCIA

Labmaster Lucia - revolutionizing blood diagnostics with rapid accurate low-cost point-of-care tests

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 LABMASTER LUCIA project word cloud

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

medtech    2023    16    scientific    simultaneous    generation    secured    instrument    disturbance    miniaturize    poc    sold    patented    signal    cartridges    fi    media    point    tests    slow    harnesses    mobile    cathodic    diagnostics    options    aecl    site    priced    commercialisation    targetted    cecl    treatment    improves    asian    spending    expensive    hot    creation    prepare    six    founded    antibiotic    sell    reduce    overcomes    clinics    limited    prescription    care    below    patient    fast    health    finland    public    ivd    fluid    17    hospitals    labmaster    anywhere    staff    expert    bypass    291m    commercialized    10m    innovations    antibodies    costly    precision    medical    speed    medium    immobile    electrochemiluminescence    small    revenue    accurate    device    breakthrough    vitro    created    1985    blood    fraction    electrons    distributor    critical    distributors    leader    hydrated    perform    diagnostic    lessen    50    instruments    minutes    laboratory    asia    hard    ranges    compact    oy    cartridge    23    segment    2kg    generating    interference    lucia   

Project "LABMASTER LUCIA" data sheet

The following table provides information about the project.

Coordinator		 LABMASTER OY 

Organization address
address: FISKARSINKATU 11
city: TURKU
postcode: 20750
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 Finland [FI]
 Project website http://labmaster.fi/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.1.4. (Active ageing and self-management of health)
2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.3.1.6. (Health care provision and integrated care)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-02-01   to  2018-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LABMASTER OY FI (TURKU) coordinator 50˙000.00

Map

 Project objective

The Labmaster Lucia is the next generation diagnostics instrument for point-of-care blood tests. The compact device harnesses the breakthrough Cathodic ElectroChemiLuminescence (CECL) method to increase diagnostic speed and precision. Using the Lucia, medical staff can perform in vitro diagnostics (IVD) anywhere and get accurate results within five minutes at a fraction of the cost of existing methods. Blood diagnostics are critical for patient treatment, but current options are slow and costly due to large IVD immobile equipment. IVD devices are hard to miniaturize due to the scientific problem of sample medium signal interference. Labmaster's patented CECL technology overcomes signal disturbance problems using hydrated hot electrons that bypass fluid media, enabling the creation of small, mobile IVD devices for fast on-site diagnostics. Using CECL, Labmaster has created two products: (1) The Lucia, a 2kg POC IVD unit; (2) Test cartridges with antibodies to test a range of medical conditions. The Lucia improves on current FI and AECL IVD methods which require large expensive laboratory equipment, or have limited testing ranges. The Lucia has a wider testing range and allows simultaneous tests on one cartridge. It will be priced 50% below the current segment leader. This will reduce public health spending, improve treatment and lessen antibiotic prescription. The Lucia and cartridges will be sold to hospitals and clinics in Europe and Asia via medtech distributors. One Asian distributor is secured, six more will be targetted in this project. Labmaster Oy was founded in Finland in 1985, has 17 expert staff, and already commercialized 16 diagnostic innovations. It aims to sell 23,000 Lucia instruments and 10M cartridges by 2023, generating €291M in revenue. This project will prepare for the development of a new cartridge to test for a common condition, and prepare for commercialisation.

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

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