SenzaGen's EU application has been coordinated by GAEU Consulting AB and received a exceptionally high score of 14.26 out of 15 in the EU evaluation, proving excellency both in the invention and in the application document.
For more information:
Anki Malmborg Hager, CEO, SenzaGen AB
Tel: +46 768 284822
Horizon 2020 in brief
Horizon 2020 is the EU's framework program for research and innovation. The program is the world's largest investment in research and innovation and has a total budget of around € 80 billion (2014-2020). The aim is to ensure the EU's global competitiveness. For more on Horizon 2020, see: https://ec.europa.eu/programmes/horizon2020/.
By analyzing 200 and 389 markers, depending on the test, GARD generates massive amounts of data and delivers results with 90 % prediction accuracy. This can be compared to the gold standard, animal tests in mice, that provides 72 % prediction. SenzaGen's test also has the ability to measure potency (strength) of a substance and can thus determine the degree to which a substance is an allergen.
SenzaGen provides dermal and respiratory in vitro testing for the cosmetic, chemical and pharmaceutical industries replacing the need for animal testing. The company's unique test, GARD, is based on research from the Department of Immunotechnology at Lund University. SenzaGen is based at Medicon Village in Lund, Sweden.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/senzagen-awarded-highly-competitive-eu-grant-of--24-million-300369403.html
SOURCE SenzaGen, Inc