Project description
New software to analyse anti-cancer drugs
Cancer treatment today is based on mutation analysis of cancer DNA using next-generation sequencing data. Advanced cancer drugs are expensive and their associated costs are posing big challenges for healthcare budgets. The EU-funded RASMAC project is developing a new software for analyses of tumours from DNA sequencing data. The aim is to optimise the use of targeted anti-cancer therapies. The project is being coordinated by the Swedish company Oncodia, which specialises in the development of technologically advanced software for sequencing analysis of cancers. The project will complete a business plan and a market feasibility study for the commercialisation of their product.
Objective
"As the incidence and prevalence of cancer increases worldwide, advanced anti-cancer drugs have become one of the key cost centres in healthcare budgets. This is a major societal challenge for the EU and global decision makers. Nowadays, modern anti-cancer therapies are expensive and are based on mutation analysis of cancer DNA Next-Generation-Sequencing data. However, state-of-the-art software used to analyse this data lack diagnostic accuracy and regulatory approvals.
Oncodia aims to address this market gap by developing RASMAC – software for analyses of tumours DNA sequencing data - to optimise the use of targeted anti-cancer therapies. The most innovative aspect of RASMAC lies in the deterministic algorithms that make it possible to accurately identify cancer mutations. We aim to set a new standard for diagnostic accuracy in mutation analysis in cancer that will lead to the right therapy for every patient.
Oncodia is well-positioned to disrupt the underserved market for cancer mutation analysis because of the expertise of multi-skilled team and the quality of previous projects (EU FP7 INNOVATION). Oncodia is the company able to uniquely deliver technologically superior, regulatory approved and cost-effective software. The innovativeness of our product has been recently confirmed through ""Attractive Innovation Project Award"" from Uppsala University Innovation.
During the Phase 1 Project, Oncodia will develop a business plan for the development and commercialisation of RASMAC. Specific objectives of this project are to design a study to improve the performance of the product and to conduct a market feasibility assessment to optimize go-to-market plan. The Phase 1 project is an important step on Oncodia’s journey to facilitate access to better DNA-based diagnostic routines for cancer patients worldwide. If successful, the project will take Oncodia to a new level of competitiveness and growth.
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Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- natural sciences computer and information sciences software
- natural sciences biological sciences genetics DNA
- natural sciences biological sciences genetics mutation
- medical and health sciences clinical medicine oncology
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-EIC-SMEInst-2018-2020
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Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.
753 23 UPPSALA
Sweden
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.