The development of manufacturing processes, and the market introduction of the EHY-4000 oncology device prototype
Beneficiary Name: Oncotherm Kft.
Title of the project: „The development of manufacturing processes, and the market introduction of the EHY-4000 oncology device prototype ”
Amount of contracted support: 411.424.455 HUF
Support rate: 69.98%
Projected completion date: 2022.12.31.
Project ID number: 2019-1.1.1-PIACI-KFI-2019-00011
“According to the decision of the Hungarian National Research, Development and Innovation Office on the 12th of December, 2019, Oncotherm has received a grant of 411,4M HUF for the final development of the EHY-4000 oncology device.
The aim of our tender is the production transfer and market introduction of the oncological treatment equipment prototype designed in the framework of NVKP_16-1-2016-0042 project, including the finalization and verification of the prototype, the transfer of the device into production, the validation of the device and the acquisition of the regulatory permits necessary for market introduction.
The new EHY-4000 prototype is designed with new, unique features on the market that will be able to provide personalized treatment at a higher level and will incorporate the research results of the project mentioned above and the rapidly evolving immuno-oncology results, taking the utmost convenience of the users and patients into account.
We intend to sell our new device through our existing, but extended distributor network that covers 35 countries. This process would not only allow an extensive market expansion but is expected to be very popular among intense, existing Oncothermia users (over 450 installed devices worldwide). However, the main economic benefit is to increase the number of healing patients, even when no other conventional method can be of help. With this project, we aim to show a serious moral, human-ethical indicator for the Hungarian medical instrument industry.”