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SenolT SIGNED

Fast and effective diagnostic test for the early detection of residual tumours to prevent cancer recurrence

Total Cost €

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EC-Contrib. €

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Partnership

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 SenolT project word cloud

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

prognosis    population    senescent    120    detects    chemotherapy    residual    clinical    senolt    received    net    finalise    share    healthcare    tumour    ebitda    mission    demand    lives    royalties    44    monitoring    senolytic    protein    total    27    expensive    created    tnbc    cancers    develops    markers    hard    removing    proprietary    irr    class    pharma    families    companies    poor    cumulative    predict    price    contacted    kinds    radiotherapy    patients    pancreatic    800    biopsy    diagnostic    discount    pharmaceutical    innovative    recurrence    prevent    npv    pressing    jobs    15    rate    therapies    happen    technologies    validated    triple    2025    liquid    trials    mainly    breast    sales    soon    newly    cells    market    mortality    license    medicines    company    customers    tam    tests    competitors    people    therapeutics    57    cancer    slow    portfolio    appear    negative    de    10    phase2    tumours    damaged    20    initial    detection    treatment    352    usa    risked   

Project "SenolT" data sheet

The following table provides information about the project.

Coordinator
SENOLYTIC THERAPEUTICS SL 

Organization address
address: CL BALDIRI I REIXAC 4-8 PARC CIENTIFIC DE BARCELON
city: BARCELONA
postcode: 8028
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 Spain [ES]
 Project website http://www.senolytx.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 2018-08-01   to  2019-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SENOLYTIC THERAPEUTICS SL ES (BARCELONA) coordinator 50˙000.00

Map

 Project objective

The main concern in cancer treatment is its high rate of recurrence. It may happen soon or years after treatment and it’s very hard to predict/prevent. Removing residual tumour cells is the best way to avoid recurrence, so identifying new tumour markers is the most pressing demand. We have developed SenolT, an innovative diagnostic test for the early detection and monitoring of senescent cells, which appear after chemotherapy/radiotherapy and are directly associated to cancer recurrence. SenolT detects all kinds of tumours, but we focus on pancreatic and triple negative breast (TNBC) cancers because prognosis is very poor for patients and recurrence is their main cause of mortality. Our customers will be pharmaceutical companies, so we have already contacted several of them in the sector. The initial target market will be TNBC/Pancreatic cancer patients that received chemotherapy/radiotherapy in the EU & USA. Competitors focus on liquid biopsy tests and cancer-related protein markers (expensive & slow to get results). No other companies are working in the detection of senescent cells as a diagnostic method to predict recurrence. Senolytic Therapeutics is a company that develops a new class of medicines by targeting damaged cells. Our mission is to advance our portfolio of therapies to clinical trials and improve the lives of patients and families. Our SenolT proprietary technology will be developed and de-risked through Phase2 Clinical trials and then license the validated technologies to pharma companies, to finalise their development and bring them to the market. By 2025 we expect: A) 15% royalties’ rate on net sales with a unit price to healthcare systems of €800; B) 20% market share (70,000 people) from an expected total of TNBC/pancreatic cancer population of over 352,000 in USA & EU; C) TAM growing up to about €57 m; D) NPV of €27.2 m (10% discount rate) and an IRR of 120%; E) Cumulative EBITDA of about €44 m; F) 20 newly created jobs, mainly in R&D and sales.

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

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