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SenolT SIGNED

Fast and effective diagnostic test for the early detection of residual tumours to prevent cancer recurrence

Total Cost €

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EC-Contrib. €

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Partnership

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 SenolT project word cloud

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

newly    medicines    rate    healthcare    proprietary    residual    tumour    share    mission    population    npv    clinical    happen    senolt    tests    recurrence    poor    2025    senescent    license    customers    net    pharmaceutical    class    biopsy    market    finalise    irr    total    mainly    innovative    800    triple    de    predict    phase2    validated    created    cancers    patients    hard    352    received    price    risked    protein    lives    discount    contacted    initial    monitoring    develops    pressing    damaged    demand    tnbc    mortality    trials    senolytic    expensive    tumours    diagnostic    tam    radiotherapy    44    kinds    markers    cells    therapies    detection    soon    cumulative    slow    prognosis    therapeutics    cancer    people    royalties    15    120    appear    pancreatic    breast    companies    technologies    20    treatment    57    portfolio    detects    families    competitors    liquid    ebitda    sales    chemotherapy    usa    10    removing    pharma    negative    27    company    prevent    jobs   

Project "SenolT" data sheet

The following table provides information about the project.

Coordinator
SENOLYTIC THERAPEUTICS SL 

Organization address
address: CL BALDIRI I REIXAC 4-8 PARC CIENTIFIC DE BARCELON
city: BARCELONA
postcode: 8028
website: n.a.

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 Spain [ES]
 Project website http://www.senolytx.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-08-01   to  2019-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SENOLYTIC THERAPEUTICS SL ES (BARCELONA) coordinator 50˙000.00

Map

 Project objective

The main concern in cancer treatment is its high rate of recurrence. It may happen soon or years after treatment and it’s very hard to predict/prevent. Removing residual tumour cells is the best way to avoid recurrence, so identifying new tumour markers is the most pressing demand. We have developed SenolT, an innovative diagnostic test for the early detection and monitoring of senescent cells, which appear after chemotherapy/radiotherapy and are directly associated to cancer recurrence. SenolT detects all kinds of tumours, but we focus on pancreatic and triple negative breast (TNBC) cancers because prognosis is very poor for patients and recurrence is their main cause of mortality. Our customers will be pharmaceutical companies, so we have already contacted several of them in the sector. The initial target market will be TNBC/Pancreatic cancer patients that received chemotherapy/radiotherapy in the EU & USA. Competitors focus on liquid biopsy tests and cancer-related protein markers (expensive & slow to get results). No other companies are working in the detection of senescent cells as a diagnostic method to predict recurrence. Senolytic Therapeutics is a company that develops a new class of medicines by targeting damaged cells. Our mission is to advance our portfolio of therapies to clinical trials and improve the lives of patients and families. Our SenolT proprietary technology will be developed and de-risked through Phase2 Clinical trials and then license the validated technologies to pharma companies, to finalise their development and bring them to the market. By 2025 we expect: A) 15% royalties’ rate on net sales with a unit price to healthcare systems of €800; B) 20% market share (70,000 people) from an expected total of TNBC/pancreatic cancer population of over 352,000 in USA & EU; C) TAM growing up to about €57 m; D) NPV of €27.2 m (10% discount rate) and an IRR of 120%; E) Cumulative EBITDA of about €44 m; F) 20 newly created jobs, mainly in R&D and sales.

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

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