Business Finland has granted R&D funding for Thestra´s product, development, and piloting projects.
Business Finland has granted funding for Thestra for the development of its unique EPLINEx™ method for diagnosing aggressive head and neck (HNSCC) cancer. With this valuable funding by Business Finland, Thestra will be able to further develop EPLINEx™ in HNSCC diagnostics, investigate its use in other cancers and personalized medication and prepare for the future EPLINEx™ market launch as well. The project also aims to develop novel artificial imaging approach for HNSCC diagnostics and prognostification.
Funding by Business Finland is a crucial step for Thestra in proceeding with the project to develop and introduce EPLINEx™ method. Business Finland has a been very cooperative and trusted partner for the project already in university research i.e. Research-to-Business (R2B) phase before the establishment of Thestra as a company. Therefore, Thestra would like to express its sincere thanks for Business Finland for the good cooperation.
About
Thestra is a cancer diagnostics spin-out company from the University of Turku based on the long-term cooperation between the researchers of the University of Turku and the Turku University Central Hospital together with the Auria Biobank. Thestra develops a product that could be used to identify head and neck cancer patients whose disease could be cured with treatments that cause fewer side effects. Head and neck cancer (HNSCC) is the sixth most common cancer and is annually diagnosed in approximately 1 million new patients globally. The product developed by Thestra, EPLINEX™, offers a unique diagnostic solution for head and neck cancer patients, which could be used to identify the aggressiveness of head and neck cancer in the early stage of the disease. The basic research on which EPLINEx™ is based has been supported by funding from the Academy of Finland and the Erkko Foundation, and the technology has been further refined before the company was founded with Business Finland’s” Research-to-Business” (R2B) funding.
Business Finland is the Finnish government organization that provides innovation funding and internationalization services, promotes travel and investments, and attracts talents to Finland. www.businessfinland.fi/en
