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| Funder | European Commission |
|---|---|
| Recipient Organization | Genetikaplus Ltd |
| Country | Israel |
| Start Date | Jun 01, 2022 |
| End Date | May 31, 2025 |
| Duration | 1,095 days |
| Number of Grantees | 1 |
| Roles | Coordinator |
| Data Source | European Commission |
| Grant ID | 190160513 |
Major depressive disorder affects around 300M people globally and is the second leading cause of disability, with up to 14-years of life lost per patient and an annual burden of up to 170 billion to the EU.
Despite numerous available drugs, 75% of patients do not receive adequate treatment, 63% try multiple medications, and a third do not respond after two rounds of treatment.
This trial-and-error approach is destructive to patients, time-consuming for physicians and expensive to health care systems.
RxMine revolutionizes this process by combining innovative stem cell technology, genetics, neurobiology, high-throughput screening and machine learning to test multiple antidepressants and screen drug effects using a patient-specific brain-in-a-dish model.
RxMine identifies the optimal antidepressant for each patient and potentially reduces hospitalizations by 89%, emergency-room visits by 71% and depression related healthcare costs by 40% with savings up to 6,000 per patient per year.
Genetikaplus Ltd
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