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IMPACT SIGNED

Improving DNA Analysis for Correct Healthcare

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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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.

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

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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