Artificial intelligence for automated, standardised interpretation of DNA testing results

Informazioni relative al progetto

FastFinder

ID dell’accordo di sovvenzione: 775709

DOI

10.3030/775709

Progetto chiuso

Data della firma CE 15 Maggio 2017

Data di avvio 1 Giugno 2017

Data di completamento 30 Novembre 2017

Finanziato da

• INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)

Costo totale

€ 71 429,00

Contributo UE

€ 50 000,00

Coordinato da

UGENTEC NV
Belgium

Periodic Reporting for period 1 - FastFinder (Artificial intelligence for automated, standardised interpretation of DNA testing results)

Periodo di rendicontazione: 2017-06-01 al 2017-11-30

Sintesi del contesto e degli obiettivi generali del progetto

UgenTec’s (Belgium, 2014) FastFinder technology was developed for automatic, fast, objective and accurate processing and interpretation of high troughput qPCR testing results, the only part of the DNA analysis workflow that is currently not routinely automated. UgenTec aims to achieve successful worldwide market introduction of FastFinder by 2019 and to reach a significant market share in the niche market of PCR analysis software by 2023. UgenTec will deploy FastFinder along 3 focus areas:
1. deepening market adoption in clinical diagnostics, both inside and outside the EU;
2. enter “new” market segments, including agribio, animal health, food safety and quality;
3. commercialise proprietary middleware to automate the entire DNA analysis workflow in a single software.

Lavoro eseguito dall’inizio del progetto fino alla fine del periodo coperto dalla relazione e principali risultati finora ottenuti

UgenTec conducted a market, technological and economic feasibility study. To obtain full scale commercialisation and market uptake, additional efforts are needed:
• additional modules for FastFinder:
o to accelerate development and validation of new analyses
o to enable genetic analysis, on top of PCR analysis
o middleware to automate the entire workflow in a single software
o On-premise and server-side solutions to enable FastFinder operation outside of the cloud.
• To demonstrate ROI in new market segments, pilot studies will be conducted with early adopter clients.
• Obtain FDA approval for US market entry. Validate regulatory compliance in new market segments through pilot studies.
• Finalisation of go-to-market strategy, including pricing strategies per market segment. Strong FTE growth and reorganisation is needed in the commercial department.

Progressi oltre lo stato dell’arte e potenziale impatto previsto (incluso l’impatto socioeconomico e le implicazioni sociali più ampie del progetto fino ad ora)

Public health expenditure in the EU is rising, projected at 8.5% of GDP in 2060, driven by an ageing population and associated rise in chronic diseases and the promotion of personalised healthcare, demanding molecular information. There is a clear market pull for automated solutions: as genetic testing volumes are growing every year and quality standards become stricter, the lab budgets are coming under pressure. UgenTec has developed the FastFinder software platform, advancing state of the art artificial intelligence and machine learning algorithms to automate the interpretation of results in the genetic testing workflow. FastFinder USP allows interpretation 30 times faster than manual interpretation and removes human errors. Platform application potential extends beyond a clinical setting (e.g. pharma, food safety) boosting commercial gain.

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