Opendata, web and dolomites

BioTrace SIGNED

World's First Real-Time Monitoring System for Ablation Procedures

Total Cost €

0

EC-Contrib. €

0

Partnership

0

Views

0

 BioTrace project word cloud

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

uth    outside    tissue    treatment    fifth    ai    undertreatment    smaller    biotrace    oncology    roi    24    monitor    industry    clinical    procedure    financial    viability    standalone    frequently    liver    tumours    cells    cancer    reducing    university    commercial    arrhythmias    alerted    recurrence    complete    changer    physicians    solution    surgery    market    treat    rates    area    device    tokyo    algorithms    progression    pain    thermal    time    gold    lesion    revenues    game    costly    foresee    interventional    track    neurotomy    proven    35    40    unpredictability    hours    cardiac    minimally    margin    2023    latest    damage    38    hospital    2017    surgical    predicts    risky    electrophysiology    sales    million    invasive    54    works    biological    post    28    technique    8m    limited    300    knowing    healthcare    unfit    global    standard    estimate    heat    remove    ta    opportunity    resection    patients    considering    outcome    feasibility    alternative    continue    keeping    treating    ablation    dying    intervention   

Project "BioTrace" data sheet

The following table provides information about the project.

Coordinator
TECHSOMED MEDICAL TECHNOLOGIES LTD 

Organization address
address: MEIR WEISGAL 2 ST., SCIENCE PARK
city: REHOVOT
postcode: 7632605
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 Israel [IL]
 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 2019-12-01   to  2020-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    TECHSOMED MEDICAL TECHNOLOGIES LTD IL (REHOVOT) coordinator 50˙000.00

Map

 Project objective

Cancer treatment resection or surgery is currently the gold standard to remove tumours, but it is risky for patients and a costly process (average cost of €28.000 per surgery). Ablation is a minimally invasive technique and the best alternative to surgery (€1,300). However, its use is still limited to treat patients with smaller tumours or patients unfit for surgery, due to its high unpredictability, as there is currently no way of knowing the extent of the lesion during and after the intervention (cells continue dying for up to 24 hours after the intervention due to thermal effects). Thus, undertreatment or over treatment frequently occur, the latest leading to up to 40% recurrence. Our solution, BioTrace, is the only device able to monitor in real-time the extent of the lesion during the ablation procedure and predicts its outcome 24 hours post-treatment. It works by keeping track of the tissue's biological response to the heat using AI-based algorithms. With BioTrace physicians are alerted when damage is observed outside the surgical margin, which enables them to determine its progression 24 hours after the procedure (as proven in a clinical study conducted with 54 standard TA procedures in University of Tokyo Hospital (UTH)). BioTrace will be a game-changer in the ablation technology industry by improving success rates and reducing costs for the healthcare system. Its market opportunity is large since it can be applied not only in the interventional oncology area, but in other areas, such as electrophysiology (for treating cardiac arrhythmias) and neurotomy (for pain management). We foresee that we will need €3 million to complete phase 2 and reach the liver market as a standalone system. Considering a growth of the global ablation market of 35% (2017-2023), in the fifth year of sales we estimate to reach revenues of 10.8M and a ROI of 0.38. During the feasibility study we will further assess the technical, commercial and financial viability of our project.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "BIOTRACE" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

More projects from the same programme (H2020-EU.3.;H2020-EU.2.3.;H2020-EU.2.1.)

Dyme (2019)

Dyme gives its users complete control over their financial situation. The Dyme application provides insight into users’ spending and subscriptions, and lets users cancel, negotiate, or switch any cont

Read More  

DeltaQon (2019)

IOT and cloud computing for online medical analysis service platform

Read More  

COPI (2020)

Carbon Offset Plug-in

Read More