Horizon 2020 Fast Track to Innovation - Lorraine Martin

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Horizon 2020: SME Instrument Case Study Dr Lorraine Martin Chief Executive Officer Co-founder Fast Track to Innovation Seminar 20 Jan 2015

Transcript of Horizon 2020 Fast Track to Innovation - Lorraine Martin

Horizon 2020: SME Instrument Case Study

Dr Lorraine Martin

Chief Executive Officer

Co-founder

Fast Track to Innovation Seminar – 20 Jan 2015

Background

Technology & Innovation

Roadmap to commercialisation

Horizon 2020 – SME Instrument

Primary considerations

Proposal preparation & submission

Award & grant agreement preparation

Tangible Benefits

ProAxsis: On the fast track

Fast Track to Innovation Seminar – 20 Jan 2015

Technology: Identification of an active problem

CancerHeart

DiseaseInfection

Respiratory Disease

Diagnostic and prognostic value:Drug targets and Biomarkers of disease activity

Active proteases are of biomedical and

pharmaceutical importance e.g.

No tools available in the clinic or home to

monitor predictive spikes of protease activity

Fast Track to Innovation Seminar – 20 Jan 2015

Innovative solutions to an active problem

Protease-Tag

PROTEASE

PROTEASE

PROTEASE

PROTEASE

ProteaseTagsTM

Inactivate a specific protease

and may be used as tools to

detect and quantify the

activity of a single protease

species within a complex

biological sample

Protease-TagTM Technology:

Novel and rapid method of

detecting active protease

biomarkers

• Potential to be

incorporated into a

number of technology

platforms

• Multi-analyte

• Product pipeline

Roadmap to commercialisation

Proof of Concept Awards; £100K x2

Confidence in Concept

£100K

Commercial Development Award

£118K

2008

2012

2013

2009

Spin-out

Fast Track to Innovation Seminar – 20 Jan 2015

SMART MOLECULES

ProteaseTagsTM

“DESIGN & SYNTHESIS”

CLINICAL RESEARCH

SERVICES

ACTIVITY PROFILING

TARGET VALIDATION

CLINICAL TRIAL SUPPORT

CLINICAL/

POINT OF CARE TESTS

DEVELOPMENT OF LATERAL

FLOW DEVICES WITH

ASSOCIATED HAND-HELD

READER TECHNOLOGY

ProteaseTagTM ELISAs

KIT SALES

SERVICE PROVISION

DRUG DISCOVERY

LICENCING OPPORTUNITIES

Active markets requiring smart solutions

Constitute global sales of $7.2 billion.

Expected to double by 2020.

Rapidly growing market predicted to

be worth £20.9 billion by 2015

Horizon 2020 – Identify a call

Call ID PHC 12 -2014/15: Clinical validation of

biomarkers and/or diagnostic medical devices

Developing a test for use at point of care for a chronic

disease of significant burden across Europe and globally

Phase 1: ENABLE: Establishment of a Neutrophil elastase

Activity home test for the Better management and treatment of

Lung Exacerbations

Phase 2: MONITOR: Measurement Of Neutrophil elastase In the

management and Treatment Of chronic Respiratory disease

Evaluate preparation time/effort vs tangible benefits

Direct benefits:

Phase 1: €50K (70% funding), lump sum for “deliverable” to

progress a work package

Indirect benefits:

PR, exposure, heightened profile

“Deliverable” pump primes Phase 2 application: £M

(100% funding)

Get some feedback Invest NI

Primary considerations

H2020

Advisors

Fast Track to Innovation Seminar – 20 Jan 2015

Fast Track to Innovation Seminar – 20 Jan 2015

Start the process – Registration

Never too early to register with the Participants Portal

Personal info, company info, financials

******** ********

Fast Track to Innovation Seminar – 20 Jan 2015

However, some things can be left . . .

E.g. LEAR validation

If in doubt - ask

Acquire PIC number******

*

Start the process – PIC Number

Fast Track to Innovation Seminar – 20 Jan 2015

Proposal preparation

Follow the instructions!

Proposal submission document (electronic)

Proposal in 2 parts – sections 1-3 & 4-5 (separate documents)

Read the questions and address each point

Be careful with jargon and clearly note abbreviations

Consider impact - think outside the box

European application – use Euro’s for markets and

compile as much cross-Europe data as possible

Think carefully about task list – follow guidance

Get feedback

Submission

Fast Track to Innovation Seminar – 20 Jan 2015

Receipt of Award – Award Letter

Fast Track to Innovation Seminar – 20 Jan 2015

Receipt of Award -Evaluation Summary Report

Fast Track to Innovation Seminar – 20 Jan 2015

Total score (out of 15.00; threshold 13.00)

Criterion 1

Impact (threshold 4.00/5.00)

Criterion 2

Excellence (threshold 4.00/5.00)

Criterion 3

Quality & efficiency of implementation (threshold 4.00/5.00)

Final assessment:

Proposal content corresponds, wholly or in part to the topic

description against which it is submitted, in the relevant work

programme part?

Status – YES/NO

All validations need to be completed

Financial identification form

Legal entity

Confirmation of private company, VAT, current

appointments etc

LEAR (Legal entity appointed representative)

Declaration of honour

Part B: merging of sections 1-3 and 4-5 to a

single document exc task list (inputted

separately)

Grant Agreement preparation stage

Fast Track to Innovation Seminar – 20 Jan 2015

Summary of Process

CALL ID

Registration

Proposal Preparation

Submission

Grant Agreement

Preparation

Validations

Signing off

Transfer of % funds

Receipt of award letter

Fast Track to Innovation Seminar – 20 Jan 2015

Tangible benefits & PR

Horizon 2020 SME Instrument

€50K lump sum to support the building of resources for the

preparation of Phase 2; no detailed financial accounting

Familiarity with the portal and process, prior to submission of

larger phase 2

PR and company exposure

Press releases

Twitter

Fast Track to Innovation Seminar – 20 Jan 2015

• British Influence @britinfluence Sep 18 @ProAxsis Congratulations

on securing an EU SME Instrument grant!

http://bit.ly/1o5aEiM http://bit.ly/UuYHtQ

• Stratified Medicine retweeted a Tweet you were mentioned in

Sep 22: @EU_Commission announce @ProAxsis secured an EU

SME Instrument #grant! Sending our congrats!

http://bit.ly/1o5aEiM http://bit.ly/UuYHtQ

• Sep 23: Congratulations to Dr Lorraine Martin @QUBPharmacy on

being among the first to receive a EU SME Instrument grant.

• H2020 SME Instrument @H2020SME Oct 16 #H2020

#SMEinstrument project: ENABLE Neutrophil elastase activity home

test for better treatment of lung exacerbations by @ProAxsis, UK

• MRC Impact @MRCeVal Nov 14 New @MRCcomms spin outs inc

@ProAxsis from @QueensUBelfast voted one of NI promising tech

companies http://bit.ly/1xWRZLI #researchfish

• H2020 SME Instrument @H2020SME Dec 4 #H2020

#SMEinstrument project: ENABLE Neutrophil elastase activity home

test for better treatment of lung exacerbations by @ProAxsis UK

Tangible benefits & PR

Horizon 2020 SME Instrument

€50K lump sum to support the building of resources for the

preparation of Phase 2; no detailed financial accounting

Familiarity with the portal and process, prior to submission of

larger phase 2

PR and company exposure

Press releases

Twitter

Linkedin contacts

Potential opportunities for collaboration

Fast Track to Innovation Seminar – 20 Jan 2015

On the Horizon

Horizon 2020 SME Instrument

Completion of Phase 1 deliverable

Clinical validation & regulatory

approval of PoC test

Phase 2 preparation & submission

Fast Track to Innovation Seminar – 20 Jan 2015

CONTACT

Dr Lorraine Martin

ProAxsis Ltd

63 University Road

Belfast BT7 1NF

Phone: +44 (0)2890 975711

Email: [email protected]

www.proaxsis.com

Follow on Twitter @proaxsis