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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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 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.

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

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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