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Development and commercialisation of a novel needle tract sealant system for pneumothorax prevention during lung biopsy

Project description

Risk-free lung biopsy

Lung cancer diagnosis and classification require biopsy through computed tomography-assisted transthoracic needle insertion. However, this procedure poses a high risk of the lungs collapsing, a condition known as pneumothorax. Apart from being life-threatening, pneumothorax is associated with further treatments, suffering and high healthcare costs. Funded by the European Innovation Council, the Selio System project designed an innovative prophylactic device that prevents air leak (and blood) inside the lungs. It consists of a needle with a biodegradable sealant that enables clinicians to perform the biopsy just as before – but without the risk of pneumothorax.

Objective

Every 30sec someone somewhere globally dies of lung cancer. EU records ~320,000 pa new lung cancer cases. Early lung cancer diagnosis can save lives through timely/efficient interventions. CT guided lung biopsy is the gold standard for lung cancer screening. However, it comes with 62% inherent risk of life-threatening complication pneumothorax (PTX)- a complete or partial lung collapse. PTX sufferers require further radiological scans, needle aspiration, chest tube insertion or surgery- requiring additional hospital stay & ~€15k cost-of-care. Currently no method or device prevents PTX during the percutaneous needle access of lung.

Our patented Selio System will be world’s first system specifically designed to prevent PTX occurring before biopsy even takes place. Used by an interventional radiologist before lung biopsy procedure in a 2 min ‘add-on’ to the current standard of care, Selio System pre-seals the needle tract in tissue, thereby preventing air & blood leak from those organs

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Keywords

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

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(opens in new window) HORIZON-EIC-2022-ACCELERATOR-01

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Coordinator

SELIO MEDICAL LIMITED
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 499 999,00
Address
SUITE 53 GUINNESS ENTERPRISE CENTRE TAYLOR'S LANE
D08 R9YW DUBLIN
Ireland

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 710 858,75
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