Objective
DIA-VIT is a first non-invasive glucose self-monitoring device for diabetes patients, with proven operational results. We have designed and produced our own unique innovative modules and developed the algorithm supporting the device. Our device was tested and proved in relevant environment and is at TRL 6 stage according to Technology Readiness Level table.
Technology of DIA-VIT device is extremely disruptive by nature. Although there have been several trials over the years, technology for monitoring glucose has not changed for more than 30 years. All existing technologies are invasive.
Key market application of our device is direct replacement of current generation of self-monitoring devices for glucose measurement. On the basis of the patent search we believe that we have freedom to operate and that we do not breach any other patent rights.
Today 387 million people in the world are suffering from diabetes and the number is rising. The global market of self-monitoring devices will reach $12.2 billion by the year 2017. DIA-VIT device will increase quality of life for diabetes patients, enable early, simple and accurate diagnostic and reduce costs of the diabetes health care. Our innovation will represent business opportunity for producers/suppliers and distributors of the device.
Target users for DIA-VIT device are diabetes patients, physically active and quality-of-life-aware population. Market segment is age 25-45, geographical areas are developed markets of EU and US, and later on also other markets.
The entrepreneurial team who worked together towards the currently developed minimum viable product consists of experts from different fields (R&D, sales, marketing, finance). Within Feasibility study we will assess technical, operational, legal, timing aspects of the project and develop business model and commercialization plan. We are determined to bring the DIA-VIT non-invasive glucose self-monitoring device to market.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- medical and health sciences clinical medicine endocrinology diabetes
- social sciences economics and business business and management business models
- social sciences economics and business business and management employment
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.1. - SOCIETAL CHALLENGES - Health, demographic change and well-being
MAIN PROGRAMME
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H2020-EU.3.1.3. - Treating and managing disease
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Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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.
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.
SME-1 - SME instrument phase 1
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Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
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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.
2272 GORISNICA
Slovenia
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.