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ThyroTrust

A novel reliable diagnostic device to avoid unnecessary thyroid surgery

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 ThyroTrust project word cloud

Explore the words cloud of the ThyroTrust project. It provides you a very rough idea of what is the project "ThyroTrust" about.

prevalence    manufacturing    complications    ipr    740    opportunity    life    clinical    italy    26    malignant    fna    business    price    needle    clinically    outcome    negative    ce    15    rearrangements    cancer    hormone    social    frequent    time    positive    lt    panel    histology    reveal    thyroidectomy    ivd    scope    patients    variations    cos    unnecessary    kit    ing    thyroid    47    surgery    strategy    feasibility    surgical    fine    expression    idea    sequencing    forcing    performed    market    cytological    prudentially    planning    fnac    virtually    types    route    gene    abolishment    indeterminate    considerable    effect    correct    genes    generation    risk    tool    90    44000    classified    either    diagnostic    aspiration    30    influences    search    66    category    proposing    estimation    organization    postoperative    diagnosis    measured    million    thyrotrust    lesion    procedure    adverse    300    5    financial    innovation    cytology    diagnostics    plan    introduce    first    nodules    validated    80    replacement    malignancy    addressable    surgeries    benign    quality   

Project "ThyroTrust" data sheet

The following table provides information about the project.

Coordinator		 GENOMNIA SRL 

Organization address
address: CORSO MAGENTA 56
city: MILANO
postcode: 20123
website: www.genomnia.com

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.
 Coordinator Country Italy [IT]
 Project website http://www.genomnia.it
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.1.3. (Treating and managing disease)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2016
 Duration (year-month-day) from 2016-02-01   to  2016-07-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    GENOMNIA SRL IT (MILANO) coordinator 50˙000.00

Map

 Project objective

Fine needle aspiration cytology (FNAC) is the best procedure for a timely and reliable diagnosis of either a benign or malignant thyroid lesion. However, the management of patients with indeterminate cytology (10-26%) is a frequent clinical and social problem, as this cytological category is associated with a 15 to 30% prevalence of malignancy, forcing most of these patients to diagnostic surgery. However, for the 80% of these patients the surgery is unnecessary as the postoperative histology reveal a benign lesion. The negative social and financial consequences of this approach are relevant in Europe (44000/year thyroidectomy only in Italy) as well as the adverse influences on the quality of life of the patients due to surgical complications and hormone replacement. We will introduce in the market the first clinically validated CE-IVD targeted Next Generation Sequencing diagnostic kit ThyroTrust for the correct diagnosis of thyroid nodules with indeterminate cytology. Our kit is the first to include a considerable number of variations in 47 genes, 66 types of rearrangements and 8 gene expression level measured at the same time and associated with malignant outcome. This will avoid diagnostic surgery if a risk of malignancy <5%. In the scope of the feasibility study we will assess: - Technology innovation opportunity and business idea - Development planning and partner search - IPR, quality, organization and manufacturing route - GO-TO-MARKET strategy and business plan 740,000 FNA are performed in Europe, so the addressable market, with an end-user price/kit of 300€, is over €50 Million/year. Prudentially, market estimation considers only FNA results classified as “indeterminate cytology”. The same approach could be evaluated and adopted for other cancer diagnostics, proposing a similar gene panel kit on the market. The positive effect resulting from such diagnostic tool can virtually lead to the abolishment of 90% of unnecessary surgeries and related cos

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The information about "THYROTRUST" are provided by the European Opendata Portal: CORDIS opendata.

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