RWEal SIGNED
Real-World Evidence (RWE) analytics to increase efficiency of clinical product development
Total Cost €
0EC-Contrib. €
0Partnership
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0RWEal project word cloud
Explore the words cloud of the RWEal project. It provides you a very rough idea of what is the project "RWEal" about.
Project "RWEal" data sheet
The following table provides information about the project.
| Coordinator |
BENETE OY
Organization address contact info |
| Coordinator Country | Finland [FI] |
| Project website | http://www.benete.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 | 2019 |
| Duration (year-month-day) | from 2019-08-01 to 2019-12-31 |
Partnership
Take a look of project's partnership.
| # | ||||
|---|---|---|---|---|
| 1 | BENETE OY | FI (TURKU) | coordinator | 50˙000.00 |
Map
Project objective
Medical product development is a lengthy and expensive process with limited success. After more than €40 million and over 10 years for clinical programmes, only 15% of new therapies reach the market. Many of the new therapies fail at the post-marketing phase due to unexpected side effects or insufficient efficacy. This is mainly because clinical trials focus on a narrow group of patients that do not represent the general patient population. Pharmaceutical and MedTech industries urgently need novel solutions to increase the efficiency and generalizability of clinical research programs.
Benete is an information technology-oriented Finnish company that developed a Life Analytics Platform to provide high-quality, accurate, and reliable Real-World Evidence (RWE) to clinical trials. The Life Analytics Platform collects a novel source of real-life data to generate behaviour and functionality models of patients, combining ambient sensors with advanced artificial intelligence technology. Benete’s technology observes patients in their daily routines and identifies changes in their functioning in real life.
This game-changing approach will provide medical product developers with invaluable insights into the efficacy and safety of a medical product in diverse patient populations, outside of the controlled environment of the clinic. The RWE data provided by Benete’s service will directly benefit clinical product development by 1- accelerating the timelines, 2- decreasing the overall costs, 3- increasing the predictive power, 4- supporting regulatory and reimbursement processes.
Benete will use this SMEi phase1 funding to 1) assess the market requirements of its Life Analytics Platform by conducting a comprehensive market analysis and user involvement study, 2) identify strategic partners, and 3) establish IP and regulatory strategies. These activities will allow Benete to define the best commercialisation strategy for the Life Analytics Platform in the clinical trial market.
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The information about "RWEAL" are provided by the European Opendata Portal: CORDIS opendata.