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GI-BCT SIGNED

Disruptive imaging technology for accurate and painless breast cancer diagnosis

Total Cost €

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EC-Contrib. €

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Partnership

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 GI-BCT project word cloud

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

revenue    positives    56    industry    cancer    team    meur    reduce    painful    400    outcomes    15    mortality    rate    compression    640    95    21    healthcare    entering    images    beur    breasts    recalls    sales    painless    employees    prevalent    machinery    agents    form    estimate    tissue    sold    resolution    countries    environment    patients    granted    investment    59    false    discrimination    efficient    tomography    treatment    patents    combines    women    scanned    patent    potentially    poor    service    grating    amount    procedure    patient    3d    roi    computed    die    save    bct    limited    screening    q1    performing    formed    detection    produces    68    scientific    size    unnecessary    first    provides    disruptive    lowering    demonstrated    profits    later    contrast    stage    commercialization    hired    mammography    discovered    worked    2021    85b    routing    gratxray    clinical    2d    207    start    5m    avoiding    gi    therapeutic    solid    imaging    missed    trials    portfolio    saving    natural    programs    centers    disease    precise    yielding    survival    net    ready    market    interferometry    dense    contracts    breast   

Project "GI-BCT" data sheet

The following table provides information about the project.

Coordinator
GRATXRAY AG 

Organization address
address: PARK INNOVAARE
city: VILLIGEN
postcode: 5234
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 Switzerland [CH]
 Project website https://www.gratxray.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2018-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GRATXRAY AG CH (VILLIGEN) coordinator 50˙000.00

Map

 Project objective

Breast cancer is the most prevalent form of cancer in women, as 1 in 9 women are affected and 1 in 30 will die from the disease. Early detection is essential to reduce the mortality, thus countries have established routing screening programs. The problem is that main screening procedure of mammography is painful for patients, produces high rate of false positives for women with dense breast tissue, provides limited contrast, low-resolution and poor tissue discrimination properties. False positives lead to performing unnecessary therapeutic procedures. Also cancer in dense breasts is missed out by mammography, lowering survival outcomes when discovered in later stage. GratXray is entering the 3,56 BEUR size breast imaging market with our disruptive grating interferometry-based breast computed tomography – GI-BCT technology. GI-BCT will provide painless, efficient and precise breast cancer imaging. The breast will be scanned in its natural state in 3D, without compression and contrast agents, yielding images with a much higher contrast and better resolution. Thus saving €1,85B in healthcare costs in Europe and US by avoiding recalls, €640 000 from machinery costs for breast centers and potentially save treatment costs in the amount of €95 000 per patient. We have worked for the past 15 years in GI-BCT research and have a solid patent portfolio of 8 granted patents. Currently, we have demonstrated our technology in operational environment, and we are ready to start first clinical trials in 2D with the goal to make first sales in Q1 2021. We have formed a team that combines strong scientific, industry and user know-how. We estimate that a further investment of €5M and 3 years is required to reach the commercialization stage. We estimate that in year 6 we have hired 50 employees, sold 59 systems per year, have 207 service contracts, revenue of 68 MEUR, net profits of 21 MEUR and reach ROI of 4 (400%).

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