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Development of a Compact, Time-Efficient and Safe Medical Diagnostics Machine

Project description

Faster diagnosis with fewer chemicals

In certain cases, biological sample processing can take up to 24 hours to complete, delaying diagnosis and exposing personnel to dangerous chemicals. The EU-funded Origin project proposes to address this through an innovative solution that reduces the number of processing steps and the chemicals used. As a result, Origin will have a smaller operating cost due to fewer chemicals and less packaging, in addition to offering faster diagnosis and results for patients. The project's activities will focus on product validation and its development from a prototype stage to a functional machine ready to enter the European and international markets.

Objective

Current tissue processors on the market take up to 24 hours to process samples for diagnosis and leave the operator exposed to chemicals. They also use different kinds of chemicals, in large volumes, which leads to cross contamination of chemicals and samples. This results in more plastic packaging to dispose of, making the process both costly and environmental unfriendly. Our company, DIAPATH SpA, is developing an innovative solution to these problems, Origin.
DIAPATH has been in the tissue processing industry since 1997 and currently has a turnover of €16.8 Million and 97 employees. Origin reduces the number of processing steps, and reduces the number of chemicals used. The operator will be safeguarded from chemical exposure. Our value proposition is, less operating costs due to reduced chemicals and packaging, faster diagnosis and results for patients. Our target users are Hospitals and Diagnostics Laboratories. The current global diagnostics market is estimated at €243.59 Million and expected to reach €378 Million by year 2025. Our entry point for our innovation will be the European market, where we already have significant market share. We will be using our extensive distribution chain to bring our innovation to international markets. Our innovation is currently at prototype stage with a compact functional machine tested in relevant environment. Further validation and tests remain to be done to bring it to market. This innovation will grow our market share to 30% and increase our turnover to €60million by 2023. It will also create 29 new jobs.

Keywords

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Programme(s)

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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.

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.

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.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

DIAPATH SPA
Net EU contribution

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.

€ 1 975 712,38
Address
VIA PIETRO SAVOLDINI 71
24057 Martinengo (Bg)
Italy

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Nord-Ovest Lombardia Bergamo
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

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.

€ 3 613 075,00
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