Objective
In Europe, approximately 1 in 2 people will get cancer in their lifetimes. State-of-the-art cancer treatments can be tailored to the genetic make-up of a patient’s tumour, making them highly effective at fighting cancer. However, these very expensive treatments, which cost the society €1.5bn each year, can become ineffective over time due to genetic mutations in the tumours. Currently, there is no diagnostic tool available to regularly monitor for such mutations.
CytoTrack has developed the CT11™, a unique blood test that helps oncologists to detect and monitor tumour mutations, enabling them to select the right treatment at the right time. The CT11™ can rapidly identify and isolate Circulating Tumour Cells (CTCs) in the bloodstream to provide up-to-date genetic information without invasive biopsies.
Whilst our technology has been proven in the research environment, this CytoPro project will refine, demonstrate and clinically validate the CT11™ for use in metastatic Colorectal Cancer (mCRC) and prepare the device for clinical market introduction.
A successful project will make the CT11™ the first next-generation cancer blood test on the clinical market. It will allow oncologists to optimise therapies more quickly in response to tumour mutations, extending survival rates up to half a year, avoiding unnecessary side-effects and increasing cost effectiveness of the treatment by 10-20%, which could save €15,000 per treatment.
The market for CTC technology is expected to reach €7.8 billion by 2020 and, as the first clinically approved device of its type, we expect the CT11™ to generate rapid business growth for CytoTrack, resulting in an annual revenue of €41m and a profit of €13m by 2026.
The team assembled for CytoPro has an enviable track record in commercialising medical innovations and possesses all the skills and resources to successfully deliver the clinical trials and effectively exploit the results for the benefit of our business and for Europe.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- medical and health sciences clinical medicine oncology colorectal cancer
- natural sciences biological sciences genetics mutation
- engineering and technology medical engineering medical laboratory technology laboratory samples analysis
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-2 - SME instrument phase 2
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
2800 Lyngby
Denmark
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.