Examples of Projects
Development of a Non-invasive Prenatal Test for the Comprehensive Mapping of Cell-free Fetal DNA

Policy Objective 1
A more Competitive and Smarter Europe
Programme Priority
Competitive, Smart and Digital Economy
Specific Objective
Strengthening Research and
Innovation

EU Fund
ERDF








Project Budget
€980.000
on the government subsidy
Implementation Period
09/2022 - 08/2024
Nicosia
Implementing Body
MEDICOVER GENETICS LTD
22266888
communications.genetics@
medicover.com
Short Description/Objective
The research project of Medicover Genetics Cyprus (formerly NIPD Genetics Biotech Ltd) focuses on the development of pioneering technological DNA assays, offering advanced next-generation genetic tests that have significantly upgraded prenatal and oncology screening.
The project was co-financed within the framework of the Scheme “Development and Promotion of Internationally Competitive Innovative Products and Services from Existing Enterprises (INNOVATE)” of the RESTART Research Programmes of the Research and Innovation Foundation (RIF), under the Cohesion Policy Programme “THALIA 2021-2027”.
Expected Benefits/Outcomes
The project transformed the Cypriot research effort into an internationally recognized biotechnology and genetic diagnostics company, which offers specialized solutions in reproductive genetics and oncology. In this way, it highlights the contribution of investments in research and innovation toward strengthening the competitiveness of the Cypriot economy, developing a knowledge-based economy, and generating sustainable socioeconomic value through early diagnosis.