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MeningoSpeed SIGNED

A unique cost-effective and point of care (PoC) kit for the non-invasive rapid in vitro diagnosis of meningococcal disease

Total Cost €

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EC-Contrib. €

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Partnership

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 MeningoSpeed project word cloud

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

45    mainly    permanent    33    lack    savings    meningospeed    healthcare    added    serogroups    specificity    vitro    tool    performance    opportunity    public    least    fashion    3h    min    pasteur    accurate    valued    diseases    off    pcr    disruptive    disease    health    agglutination    secure    rapid    young    nanoparticle    net    despite    25    hospital    vs    competitive    demonstrated    technological    deaths    diagnosis    meningococcal    faster    profit    market    plan    ca    lt    commercial    feasibility    caused    costly    epidemic    business    purchasers    vast    people    limited    latex    profitable    spin    first    sequelae    direct    immunochromatographic    cagr    finalize    solution    biospeedia    burden    worldwide    source    sensitivity    projected    launch    patients    2022    successful    infectious    invasive    neisseria    2026    accuracy    abcxwy    reducing    societal    meningitidis    children    md    68    diagnostic    company    tools    capability    six    acute    care    cheaper    accumulated    gt    core    million    physicians    treatment    annually    lethality    93    france    unmet    point    alternatives    10    financial    tests    15    nm    gold    monitoring   

Project "MeningoSpeed" data sheet

The following table provides information about the project.

Coordinator
BIOSPEEDIA 

Organization address
address: INSTITUT PASTEUR - 25 RUE DU DOCTEUR ROUX
city: PARIS
postcode: 75724
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 France [FR]
 Project website http://www.biospeedia.com/index.php/en/
 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 2019
 Duration (year-month-day) from 2019-03-01   to  2019-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BIOSPEEDIA FR (PARIS) coordinator 50˙000.00

Map

 Project objective

Meningococcal disease (MD), caused by Neisseria meningitidis serogroups (mainly ABCXWY), annually affects 1.2 million people worldwide (mainly children and young). Due to its high lethality (8-15% treated patients), permanent sequelae and epidemic potential, MD represents a major public health problem. Despite the societal burden, there is a lack of rapid and accurate diagnostic tools for timely and early treatment that results very costly for healthcare systems (e.g. direct costs valued in € 68 m/hospital/year). In response to the unmet need, BioSpeedia (spin-off from the Institute Pasteur, France) has vast experience in infectious diseases management and is developing the first-ever gold nanoparticle-based immunochromatographic test with demonstrated diagnostic capability for the six Nm serogroups. MeningoSpeed is a non-invasive, accurate (sensitivity and specificity >93%), rapid (<15 min vs PCR: 3h) and cost-competitive in vitro diagnostic test (€45 sample, at least 25 % cheaper than latex agglutination tests and PCR alternatives) for MD diagnosis. Our one-step solution will result on added value for patients, physicians and healthcare purchasers by improving disease monitoring in an accurate and timely fashion way, reducing deaths and sequelae. MeningoSpeed will provide healthcare systems with limited resources with a reliable and cost-effective diagnostic tool, leading to significant cost-savings. MeningoSpeed´s high accuracy and performance under a faster and cheaper cost make it a disruptive solution with great potential for commercial success in the growing point-of-care market (€33 B by 2022, CAGR 10%). Thus, MeningoSpeed is projected to be a profitable business opportunity and a core source of growth for the company (ca. €33 M of accumulated net profit during 2022-2026). A next feasibility study covering the technological, commercial and financial issues will enable us to finalize our business plan and secure our steps towards the successful market launch.

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

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