Periodic Reporting for period 1 - INSPECT (Interventional SPECT/CT for Radioembolization)
Reporting period: 2021-02-01 to 2022-07-31
In this ERC Proof of Concept grant, we have developed the technology and assessed the potential for the commercialization of IXSI. To this end, we have performed four tasks. First, for the promising use case of 166Ho-radioembolization for the treatment of liver cancer, we have developed the required technology and assessed the performance of IXSI. To this end we designed an innovative custom medium-energy cone beam collimator and implemented a Monte Carlo based reconstruction method for this modality Because of favorable results, our initial business model was based on radioembolization. Second, we have performed a competitor analysis which demonstrated that IXSI has unique properties compared to other devices. And third, together with a specialized subcontracting party in the field of (bio)medical science, we have developed a business case for IXSI and clarified our IP position. The conclusion of this ERC Proof of Concept grant is two-fold: i) there is a strong business case for IXSI concerning imaging during radioembolization, and ii) development of business cases for the newly identified applications may further improve the commercial value of IXSI.