Periodic Reporting for period 1 - FERTISSIMO (Oxidative Stress as a biomarker for Embryo Selection in IVF Process)
Reporting period: 2016-03-01 to 2016-08-31
Importance to society: Assisting unfertile couples in achieving pregnancy and having healthy baby will have dramatic contribution to society. One of six couples suffers from fertility problems. Only a small percentage of these couples seek treatment. Infertile couples’ number increases with growing age of marriage, pollution and unhealthy nutrition. In-vitro fertilization (IVF) has been utilized by couples when faced with difficulties in conceiving naturally. Since IVF’s conception and first-usage however, fertilization of an embryo still sits at a lowly 25% rate of fertilization, in spite of multiple embryos being utilized in the procedure to increase the chances of fertilization. Using Fertissimo’s capabilities will contribute to reduced fatality and complications risk to patient and pre-conceived child through the elimination of multiple conceptions (when several IVF transfers are carried out to increase the rate of fertilization); to reduced financial cost to patient and health care system as only a single embryo transfer (SET) would be required, and birthing would be carried out only for a single child.
The main Objectives were: 1) Elaboration of a comprehensive and sound business plan, 2) identification and contact with business and/or technical partners, 3) elaboration of a clinical trials scheme, and 4) elaboration of an industrialization development plan (“Phase 2 implementation plan”).
The work performed included thorough investigation of the trends in the IVF market, the demand for solutions, interviews with major players, opinion leaders and physicians. We analysed the IP status and made conclusions for the future, analysing the whole picture and prepared financial forecast and detailed working plan. We have analysed the results and as a consequence – decided to continue with the project and build sound working plan and business plan. The company is confident that the product can succeed in the market place following extensive clinical validation studies, either as stand-alone system or as part of combined test together with other technologies.