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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.

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

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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