Ambios Oy Finland

Mr Markku Pohjola
Partner 

BioMediTech Finland

Mrs Minna Nissilä
LinkedIn logo Development Manager 

Blueprint Genetics Oy Finland

Blueprint Genetics provides genetic diagnostics of rare diseases. The products are targeted for healthcare professionals and researchers. We sequence and interpret customers’ samples that are sent to the Blueprint laboratory and we report results online in 21 days after receiving the sample. Blueprint is able to cut the prices of rare diseases genetic testing by 15-70% while increasing quality and providing a statement that is backed with clinical expertise.

Blueprint Genetics was founded during summer 2012 and is currently backed up by angel investors. The company applies a revolutionary targeted DNA sequencing method developed in Stanford and published in the Nature. The company has just launched its first ten products and started the sales of clinical grade diagnostics. The company has an extensive product roadmap covering a long list of different hereditary disease groups. The first products are diagnostics for hereditary cardiovascular diseases, such as cardiomyopathies, arrhythmias and aorta diseases.

Mr Tommi Lehtonen
LinkedIn logo CEO 

Magnasense Technologies Oy Finland

Magnasense Technologies Oy

Superior immunoassay performance utilising paramagnetic labels - MagneticImmunoAssay (MIA).

Magnasense has developed a sensitive, simple and elegant system for performing lateral flow immunoassays utilising paramagnetic particles as labels.

Biological materials contain no background magnetism, enabling great sensitivity, while the elimination of chemical, enzymatic and fluorescent reagents simplifies the assay procedure.

The magnetic label interacts directly with the reader’s electronics eliminating the need for light sources and optics.

The above factors provide a uniquely sensitive, robust and inexpensive system.

The system is widely applicable. Quantitative, Near Patient / Point of Care (POC) assays and tests can be rapidly developed with high sensitivity and dynamic ranges of over four decades.
Healthcare applications include cardiac monitoring, e.g. hsCRP and infectious diseases, e.g. viruses.

Outside healthcare, assays can be developed for other applications where rapid results are required, such as veterinary testing, and food and environmental contamination

Applications:
Near Patient Testing, Point of Care Testing, Veterinary Testing, Mould / Mycotoxin testing, Food adulteration, Environmental testing

Mr Mika Laitinen
LinkedIn logo Managing Director 
Mr Pekka Rönkä
Chairman of the Board 

Orion Diagnostica Oy Finland

Mr Jaakko Rissanen

Selfdiagnostics OÜ Estonia

Selfdiagnostics is Estonian/German medtech company founded in 2008 with the purpose of developing NAAT (nucleic acid amplification technology) based POCT (point of care testing) platform and devices. The platform will be applicable for several human molecular diagnostics and prognostics purposes like testing for infectious diseases, genetic testing, personalized medicine related testing etc.

Selfdiagnostics holds “InTime” trade mark to sell Point of Care (POC) products in Europe

The mission, vision and purpose of the Selfdiagnostics OÜ and its subsidiary SelfD Technologie GmbH have been carried forward by a global paradigm shift in the area of healthcare. Facing an increase of healthcare expenses, an ageing society and the advent of the information society, governments and individuals are looking for ways to concentrate more on personal and preventive diagnostics to avoid potentially risky and expensive consequences. Easily accessible information about health, possible dangers to it and cures have raised people’s awareness, and in consequence the wish to deal with their possible health problems preventively, decisively and in time. Selfdiagnostics sees a challenge here to develop and introduce to the market products to prevent health problems that are economical and innovative in the sense of the population’s health, and effective in that of the economy.

Our mission is to evolve and offer innovative, user-friendly and discreet solutions to prevent health problems thereby building-up Selfdiagnostics as one of the worldwide innovation leaders in preventive medicine solutions.

The main values of the enterprise:

  • To be responsible towards society
  • To be customer-focused
  • To be innovative and economical
  • To be result-oriented
  • To develop partnerships

Founders

The founders of the company are building the key people steering all corporate activities:

Marko Lehes MBA - CEO. Degree in physics, MBA in Entrepreneurship and Technology Development, experienced in leading large complex organization, investment management and tech transfer;

Indrek Tulp PhD - CSO. PhD in molecular technology, experienced in molecular design (Europe and USA);

Prof. Ülo Langel - Chairman of dept. of Neurochemistry, University of Stockholm; Adjunct Professor, The Scripps Research Institute; Adjunct Professor, Tartu University. Experienced in also biotech business development (exit in related field).

Partners and Advisors

The technology development and business development is strongly supported by:

  • Fraunhofer IZI, (Germany) - Fraunhofer is Europe’s largest application-oriented research organization. There are significant synergies with the Institute's other projects, which might work in favor to development cost and timelines<
  • Institute of Technology at University of Tartu (UT Institute of Technology), which is instrumental for the development of the isothermal DNA detection method, a core invention enabling the POC device. The institute has different groups led by highly recognized scientists experienced in the cooperation with other institutes and universities internationally, which published more than 30 papers in 2011/12 and owns 28 patents and patent applications. In the Institute there are all necessary contemporary biomedical facilities and a local network of clinics is providing samples and support if required.
  • Helmut Kamlah PhD - advisor and consultant to Selfdiagnostics OÜ, having worked for 22 years in the diagnostic industry, finally as head of the POC division of Boehringer Mannheim/Hoffmann-La Roche
  • Estonian Development Fund - an independent legal entity established by the Estonian Parliament which the statutory objective to invest state funds into early-stage knowledge and technology intensive start-ups

Technology and products

Selfdiagnostics OÜ is developing NAAT (Nucleic Acid Amplification Technology) based molecular diagnostics platform for POC devices.

Current platform is less complex, more rapid and discrete than other NAAT based platforms (including PCR), and significantly more sensitive, specific and user friendly than other serological platforms.

First device we plan to introduce to market is a rapid test for home-use (OTC) that is able to detect Chlamydia Trachomatis (CT) and Mycoplasma Genitalium (MG) from urine samples.

Business case

First product of Selfdiagnostics will be a NAAT based home-use quick test to detect sexually transmitted diseases (infections by Chlamydia Trachomatis (CT) and Mycoplasma Genitalium (MG)).

Similar rapid tests for home-use available on the market today are not convenient because they require invasive sample collection with swab sticks and many operations with several buffers and tubes.

NAAT based detection methods available on the market are lab-oriented and require complex instrumentation for detection and they still need professionals to operate them.

Selfdiagnostics is developing a platform and rapid tests for home-use to detect Chlamydia Trachomatis (CT) and Mycoplasma Genitalium (MG) with significant advantages:

  • The test detects pathogenic DNA from crude urine without inconvenient and painful swab based sample collection
  • The use of test does not need any instrumentation and can be performed by untrained individuals
  • The accuracy of the new rapid test for home use is better than home use tests available on the market today.

Addressable market

The world market of POC Chlamydia tests sold into all customer segments is judged to be 378 mio Euro, thereof 114 mio Euro in Europe.  The market is growing by approximately 7-8 %. It is expected, that OTC testing will grow significantly stronger than the testing in other market segments. Selfdiagnostics estimates the global accessible market in 2017 of 400 mio Euro, of which 25% can be reached by an innovative DNA detection method.

Competition: no existing products/producers utilize the same or a similar technology which provides the same value for the customer.

Competitive advantage: Unique value proposition, first mover, excellent development team and partners. Technology difficult to copy due to the combination of chemical and technical engineering challenges.

Sales channel and revenue model: sales via own web store and specialized distributors serving the OTC market; partnerships with leading global players in diagnostics.

Achievements

Assay

Assay is working and providing reliable results under lab conditions

Functional model  

1st iteration of functional model development has started

Patents are pending

“Method and rapid test device for the detection of target molecule” (submitted 29.1.2010 in the US and EU)

“Isothermal nucleic acid amplification based on pathogen DNA detection from crude human biological samples” (submitted 20.9.2012 in the US)

Ongoing activities

2013 - 2014

Functional model of device

2015

Prototype, small series production

2016

Clinical trials, approvals, production

Please contact:

Marko Lehes              

CEO/Founder

Marko.lehes@selfdiagnostics.eu

Phone: + 372 52 151 05

Mr Marko Lehes
CEO 

SpinChip Diagnostics AS Norway

SpinChip Diagnostics will market the new state of the art platform for in vitro diagnostics (IVD) point of care (PoC) analysis. The technology will provide significant value by enabling faster, easier and more reliable PoC analysis at hospitals and in decentralized medical settings. 

Mr Lars Halvor Langmoen
LinkedIn logo CEO 
Stig Morten Borch
CSO