Glycanostics innovations are again supported and highly ranked by leading industry experts. This time the company won the European Research Council (ERC) Proof of Concept Grant. The ERC president Jean Pierre Bourguignon mentioned that their Pannel recommended Glycanostics proposal for funding at the sufficiently high position in the rank list. He is confident that the grant will help to further explore and develop the innovation potential of Glycanostycs projects.
"This ERC grant is another important step towards the development of the diagnostic kits by our company. We are going to complete clinical validation in collaboration with Innsbruck biobank and by cooperation with Professor Helmut Klocker (University Clinic for Urology, Medical University Innsbruck), to prepare for the certification process and to get in contact with key opinion leaders in the EU. Also, in the future, we would like to develop kits to diagnose other diseases, such as breast cancer."
Comments Jan Tkac, co-founder and executive manager of Glycanostics Ltd.
The media has already called the latest Glycanostics success an 'European Scientific Oscar', showing great interest in the project. The company's innovations are also supported by Pavol Čekan (CEO of Multiplex DX), the Ministry of Health of the Slovak Republic and the Slovak Academy of Sciences (SAS), which reflects the long-term strategy of the development of biomedical applied research in Slovakia.
After receiving the prestigious “Seal of Excellence” on October 23, the next submission to the Horizon 2020 Programme, won a € 50 000 grant.
This project received the highest scores for its proposal in the extremely competitive evaluation process.
Glycanostics was chosen as a finalist in the Grand Finale with five other remarkable startups.
The application covering Glycanostics' diagnostic method is currently filed in two patent offices in Europe and Luxemburg.
The competition's objectives are to actively support innovative projects with high market potential
In April 2018 the technology validation was successfully completed indicating a great potential of Glycanostics innovative products for prostate cancer (PCa) diagnostics.
Glycanostics is an innovative start-up company established in 2017 to bring its revolutionary cancer diagnostics products to the US and EU markets.