Medigus Ltd. announced that it has filed an application under the framework of a consortium for a European grant for the development of a fluorescent colonoscope from Horizon 2020 fund. The expected duration of the project is four years, and its budget is EUR 3,000,000 and its intention is to improve the ability of early detection of colorectal cancer. In addition to Medigus, three universities from Germany and the Netherlands (Helmholtz Zentrum München, Technical University of Munich, University Medical Center Groningen) and a German company (Amcure), are parties to the consortium. While the universities and the other company will focus on the development of molecular-chemical aspects of the fluorescence molecular endoscopy of malignant and pre-malignant colorectal tumors, Medigus will be responsible for the development of a revolutionary colonoscope, which will contain two cameras, one for HD white light imaging and one for infrared vision (NIR). It should be noted that the field of fluorescent endoscopy has been gaining momentum in recent years and a number of strategic players are working to develop it. The novelty of the colonoscope that is the focus of the grant application is that the two images, the HD image and a particularly sensitive fluorescent image will be received simultaneously from the same colonoscope and thus overlay into a unified image.