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IMPACT SIGNED

Improving DNA Analysis for Correct Healthcare

Total Cost €

0

EC-Contrib. €

0

Partnership

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 IMPACT project word cloud

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

bioinformatics    round    material    molecular    estate    biological    shortcomings    sales    preparation    bigger    chamber    microfluidics    despite    droplets    market    biopsies    proprietary    trade    sequencing    2019    team    multibillion    aggregated    encompasses    agreements    drug    immunological    blade    selling    revenue    genetics    healthcare    tumour    freedom    put    financing    millions    plan    globe    operate    strive    constituting    launch    generation    strategy    gt    raised    musd    subscription    patent    minute    2018    personalized    place    over    barriers    resolution    amount    diseases    medical    return    single    free    subsequent    opposed    reaction    samplix    commercial    capital    consumables    diagnosis    bulk    brings    total    dna    droplet    disorders    providers    revolutionized    profitability    molecule    scientists    overcome    xdrop    mental    site    cancer    complexity    engaged    retrieve    biology    oem    families    installing    molecules    razor    core    full    qualify    instrument   

Project "IMPACT" data sheet

The following table provides information about the project.

Coordinator
SAMPLIX ApS 

Organization address
address: MILEPARKEN 28
city: HERLEV
postcode: 2730
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 Denmark [DK]
 Total cost 2˙669˙623 €
 EC max contribution 1˙868˙736 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2021-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SAMPLIX ApS DK (HERLEV) coordinator 1˙868˙736.00

Map

 Project objective

Over the past 10 years DNA sequencing has revolutionized how we apply genetics in personalized healthcare, diagnosis and drug development despite that the sequencing technology comes with numerous shortcomings. Samplix has developed a proprietary technology, Xdrop™, which addresses these shortcomings. Samplix’ technology encompasses state of the art microfluidics, molecular biology and bioinformatics. The Xdrop technology enables scientists and medical personnel to retrieve specific single DNA molecules from a minute amount of biological sample e.g. tumour biopsies, for subsequent DNA sequencing. At the core of the Xdrop technology is the generation of millions of droplets, each droplet constituting a reaction chamber for the sample preparation of single DNA molecules. This is opposed to today’s technology which is based on bulk preparation of sample material for DNA sequencing. Single molecule resolution is key to understanding the complexity of major diseases such as cancer, immunological diseases, mental disorders, etc. The proposed project addresses the need to qualify known market barriers and put measures in place to overcome such market barriers. Samplix has engaged a very experienced management team with an aggregated experience of >50 years in developing and selling products for DNA analysis. Samplix has already established: • 5 test site agreements with leading DNA institutions around the globe • Agreements with leading OEM providers on instrument and consumables • A patent estate of 5 patent families. • Freedom to operate in multibillion € market. At Samplix, we strive at 100 mUSD in revenue and profitability in year five after full commercial launch. To achieve such an ambitious goal, we plan to apply a razor/razor blade sales strategy by installing the instrument “for free” in return for a subscription to consumables Samplix raised 4,5 m€ in May 2018 which brings the total capital raised to 8 m€. A bigger financing round is planned for 2019.

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

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