ECDI - European Center for Development of Innovations

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26-28 MAY, 2013 - FIRST ANNUAL YOUTH ENTREPRENEURSHIP AND INNOVATORS CONFERENCE IN RUSSIA. STARTUP VILLAGE - one of the most ambitious start-up conferences in Russia, organized by Skolkovo in cooperation with partners. The conference is the first this year and will be held annually.

European Center for Development of Innovations (ECDI) is the first conference day's pitch session participant in the Life Science pavillion.

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ECDI - European Center for Development of Innovations

  1. 1. 1European Center for Development of Innovations (ECDI)presents an Russian-German project:«Mobile Systems eLOC for Multi-Parameter Individual ExpressImmunodiagnostics»Title: «Equipment for diagnostics and monitoring ofphysiological data status».
  2. 2. 2Range of problemsDrastically increase of death rate due to infectious and chronic diseases andillnesses, danger of pandemic diseases.Diseases and viral infection have mixed nature and atypical syndromes whichrequire diagnostics with application of complex analytical methods.The financial burden for the medicine require reduction of expenses.Lack of market of diagnostics systems which allow determining the nature ofdisease of a particular patient precisely (Point-of-care-testing (POCT)).Quick and accurate diagnosis can save a life, stop theepidemy, become a navigator in treatment!!!
  3. 3. 3Substance of thetechnologyThe designed product is based on the application of a cutting-of-edgetechnology of the electronic Laboratory-on-Chip (eLOC). With the help of anelectronic chip and a measuring device the “antigen-antibody” signal isdirectly converted into an electric signal without any additional labels. Thisprovides: multi-functional diagnostics (250 tests) small sample volume (one drop of blood) mobilityThe results of the MULTI-analysis made using one drop ofblood will be ready in 5-10 minutes!!!!
  4. 4. 4ProductProduct of the project: mobile measuring devices eLOCfor multi-parameter individual express-immunodiagnostics.Chip cartridgee-LOC measuringdeviceSoftware for data acquisitionand analysisElectronicsBiosensor proteinsElectronic chip(MEMS)
  5. 5. 5Volume and segments ofmarketWorld market volume by 2015 – 40 billion Euros.Segments of market: POCТ for immunodiagnostics of viral infections: TB, malaria,viral hepatitis, AIDS, new viral infections (bird flu etc.). Еmergency diagnostics. Physician office labs - diagnostics and screening atthe office of a physician, in out-patient clinics, in small clinics. In-home monitoring of treatment effectiveness,for example, of treatment with anticoagulation drugs, anticancerdrugs etc. Neonatal screening.
  6. 6. 6Competitive strengths multi-functional diagnostics (250 tests) small volume of a sample (one drop of blood) low cost (less than 16 RUR) high speed of measurements (milliseconds) mobile «pocket-type» concept of the device simplicity of use (one-step application of a sample,automatic measurements, application of IT, cloudcalculations) scalability of technology platform eLOC: application ispossible in medicine, veterinary, plants protection,emergency service, armed forces etc.eLOC surpasses its competitors in its uniquespecifications!Abbott I-STAT 16 indicators asa maximum,expensiveImmunochromatograpytest-strips1 indicator– 80 rub.,a lot of wasteRoche Cobas h232system (automaticimmunochromatographyanalyzer1 test –1 indicator,expensive
  7. 7. 7Required investments/commercializationInvestments:1-st stage (R&D) - 5 mln. rub.:2-nd stage (R&D+pilot-line production) – 25 mln. rub.3-rd stage (strategic investor) – 260 mln. rub.Commercialization figures:Turnover of 320 mln. rub. in 2.5 years after the start ofsale /commercialization (IRR = 36%).
  8. 8. 8TeamVasilets Larisa Anatolyevna,Doctor of Biological SciencesR&D Director (CSO)Great international experience :Over 20 years of research in the fieldof fundamental studies (bio-physics,molecular biology) in the universitiesof Germany, Switzerland andRussia;Winner of several start up contestsin Germany;7 international prizes and grantsawarded.10 years of experience inmanagement of the innovative high-tech companies in Germany.Strizhkina Anna AnatolyevnaGeneral Director (CEO)Experience:Wide experience of establishingand support of start-up companies andresearch and development projects;Designer of new site Start-upChallenge conference.Paradis Svetlana BorisovnaManaging Director (CMO)Experience:Wide experience in the area ofinnovative management;Designer of new site for informalcommunication of IG clubinnovation and venture communityand media project «Five oclock withthe guru of innovation.”
  9. 9. 9ECDIeLOC diagnostics - is the medicine of the future!
  10. 10. 9ECDIeLOC diagnostics - is the medicine of the future!

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