Project Delivers Strong Clinical Data, IP and Prototype of Rapid Neonatal Lung Maturity Test
LONDON, Jan. 11, 2018 /PRNewswire/ -- SIME Dx, a digital molecular medicine company developing point-of-care diagnostics, has announced the completion of a 2 year EU Horizon 2020 project. The project has significantly accelerated company progress, culminating in the publication of clinical data validating a rapid Lung Maturity Test (LMT), an engineering prototype and new IP. The €2.86 million funding enabled SIME Dx to overcome technical challenges, and prepared the company for further clinical trials, regulatory approval, commercialisation and expansion into China.
LMT rapidly diagnoses neonatal Respiratory Distress Syndrome (RDS), the leading cause of morbidity and mortality in premature babies. Although early surfactant treatment can help prevent the onset and impact of RDS, prophylactic treatment has been shown to be harmful and only necessary in half of all pre-term babies. LMT could allow screening of all pre-term babies for RDS risk; addressing an annual global market of over $1 billion, and significantly improving clinical outcomes for millions of babies worldwide.
"SIME Dx joined the first cohort of the Phase II SME Instrument, a scheme which aims to support radical new products that have the potential for rapid growth at global levels," explained Bernd Reichert, Head of Unit 'SMEs in Horizon 2020' at European Agency for SMEs. "The LMT project was an opportunity for us to support an innovative business that tackles a serious unmet medical need. The success of the project will help improve neonatal respiratory care, save lives and reduce healthcare costs."
The British-Danish company converged photonics, machine learning and medical science to develop a reagent-free Digital Molecular Diagnostics (DMDx) platform. DMDx measures multiple biomarkers simultaneously from a single fluid sample in real time – a truly transformative approach to diagnostics.
The first DMDx platform application is LMT, a screening test which is performed on small volumes of gastric fluid (aspirate) routinely suctioned at birth. Infra-red spectroscopic analysis of the gastric fluid with machine learning algorithms, determines which babies could benefit from early and preventative surfactant treatment minutes after birth.
"Over the last 2 years the support of the European Horizon 2020 programme has helped us to bring together leading European companies and universities with strong expertise in the fields of engineering, cloud-based machine learning and most importantly, neonatology. We have been working closely with neonatal key opinion leaders around the world to develop a test that will change the standard of care," stated Povl Verder, CEO of SIME Dx. "Last year, in collaboration with Holbaek University Hospital (Region Zealand, Denmark) and several neonatal intensive care units in Denmark, Sweden and the UK, we published strong clinical data demonstrating the efficacy of LMT. We are currently completing a further clinical trial which we expected to finish in the first half of 2018."
Alongside the project's clinical achievements, SIME Dx developed a LMT prototype device in partnership with medical engineering specialists Integrated Technologies Limited, and collaborated with Microsoft as part of the Microsoft Accelerator Programme to build a cloud-based machine learning platform on Azure.
The successful completion of the project has enabled SIME Dx to significantly advance LMT, and fast-tracked the company for investment and commercialisation. SIME Dx is now accelerating product development and planning further clinical trials in Europe and China.
This project was funded by the EU Horizon2020 Phase II SME instrument, project number 666668.
About SIME Dx
SIME Dx is a digital molecular medicine company developing novel point of care diagnostics. Our digital platform, DMDx, analyses a single fluid sample for multiple biomarkers simultaneously and in real-time. Delivering precise diagnostic results to clinicians in critical moments. Our technology converges photonics, machine learning and medical science to enable preventative medicine.
Developed by world-renowned scientists, the first DMDx application is a Lung Maturity Test (LMT) for premature babies used to help neonatologists diagnose Respiratory Distress Syndrome (RDS) minutes after birth. SIME Dx is a London (UK) and Holbaek (Denmark) based company part-funded through the EU Horizon2020 Phase II initiative (project number 666668) and a Microsoft Ventures alumnus. Further information can be found at www.simedx.com.
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SOURCE SIME Dx