Explore the words cloud of the RASMAC project. It provides you a very rough idea of what is the project "RASMAC" about.
The following table provides information about the project.
|Coordinator Country||Sweden [SE]|
|Total cost||71˙429 €|
|EC max contribution||50˙000 € (70%)|
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)
|Duration (year-month-day)||from 2019-08-01 to 2020-01-31|
Take a look of project's partnership.
'As the incidence and prevalence of cancer increases worldwide, advanced anti-cancer drugs have become one of the key cost centres in healthcare budgets. This is a major societal challenge for the EU and global decision makers. Nowadays, modern anti-cancer therapies are expensive and are based on mutation analysis of cancer DNA Next-Generation-Sequencing data. However, state-of-the-art software used to analyse this data lack diagnostic accuracy and regulatory approvals.
Oncodia aims to address this market gap by developing RASMAC – software for analyses of tumours DNA sequencing data - to optimise the use of targeted anti-cancer therapies. The most innovative aspect of RASMAC lies in the deterministic algorithms that make it possible to accurately identify cancer mutations. We aim to set a new standard for diagnostic accuracy in mutation analysis in cancer that will lead to the right therapy for every patient.
Oncodia is well-positioned to disrupt the underserved market for cancer mutation analysis because of the expertise of multi-skilled team and the quality of previous projects (EU FP7 INNOVATION). Oncodia is the company able to uniquely deliver technologically superior, regulatory approved and cost-effective software. The innovativeness of our product has been recently confirmed through 'Attractive Innovation Project Award' from Uppsala University Innovation.
During the Phase 1 Project, Oncodia will develop a business plan for the development and commercialisation of RASMAC. Specific objectives of this project are to design a study to improve the performance of the product and to conduct a market feasibility assessment to optimize go-to-market plan. The Phase 1 project is an important step on Oncodia’s journey to facilitate access to better DNA-based diagnostic routines for cancer patients worldwide. If successful, the project will take Oncodia to a new level of competitiveness and growth. '
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The information about "RASMAC" are provided by the European Opendata Portal: CORDIS opendata.
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