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Fundraisings and IPOs

Date: 2013-08-08

Type of information: Grant

Company: Epistem (UK)

Investors: European Commission’s Seventh Framework Program (FP7)

Amount: €1.5 million

Funding type: grant

Planned used:

this grant will be used for the development of point-of-care Hepatitis C assays.

Others:

Epistem has been awarded funding of €1.5m over a three year period by the European Commission\'s 7th Framework Programme. This is part of a €6.0m consortium project (Grant n° 601851) for the development of point-of-care Hepatitis C assays. The PoC-HCV consortium additionally consists of the coordinator Inserm (Institut Pasteur) (France), Inserm Transfert (France), Qlucore (Sweden) and Biosurfit (Portugal). The primary objective of the PoC-HCV consortium is to provide PoC diagnostic and predictive tests that enable tangible improvements in the health and quality of life of chronic Hepatitis C patients, while simultaneously helping to manage the rising cost of medical treatment.
 

Therapeutic area: Diagnostic - Infectious diseases

Is general: Yes