Periodic Reporting for period 1 - Luncolive (Saving Cardiac Arrest Patients with Hypothermic Lung Conservative Liquid Ventilation)
Reporting period: 2023-05-01 to 2024-04-30
LuncoLive project will enable clinical validation of Vent2Cool as a new gold standard for post-resuscitation care. Orixha will industrialize and miniaturize the technology to increase usability as well as reduce costs and environmental impact, in particular through reprocessing of the Liquid2Breathe breathable liquid.
The goal of the LuncoLive Project is to obtain CE Mark of the Vent2Cool device in 2026 and subsequent commercial launch in the EU. Once validated clinically and adopted in most cardiac arrest centers, Vent2Cool holds the potential to save 10,000 cardiac arrest patients / year in Europe by the end of the decade.
- Development and pre-clinical validation of Vent2Cool v2.1 system, which includes an improved liquid ventilator and breathable circuit.
- Identification of the process at pilot and industrial scale for recycling the Liquid2Breathe breathable liquid.
- Obtention of biocompatibility status on Liquid2Breathe and the Breathable Circuit.
- Set up and filing of the Vent2Cool technical file to the French and Belgian authorities for the OverCool first in human feasibility clinical trial.
Another major event was the 4 M€ pre-Series A fund raising led by the EIC Fund and BPI France which strengthens the balance sheet and the governance or the company.
This will represent a world premiere for total liquid ventilation.