Objective
There is a strong demand for support tools that help surgeons avoid the accidental damage of nerves, which too frequently occurs during surgery.
The existing solution known as IntraOperative Neuromonitoring (ION) uses an amplifier, stimulator and a set of electrodes to test the propagation of electrical signals by a specific nerve while operating. Not surprisingly, the use of ION is being considered by surgical teams of virtually all specialties. The market size of ION, including the sales of ION equipment and associated supplies (mostly electrodes), surpassed the €1 milliard mark in 2016 and a CAGR of 9% is forecast for 2017.
And yet the strong willingness to invest in ION by clinical customers is in stark contrast to the relative rudimentary technology offered by existing products. Particularly harsh criticism by surgeons relates to connectivity in the Operating Room.
In an already wire-crowded OR, surgical teams seeking to continuously monitor a nerve at risk, are asked to hook an electrode to the nerve and operate for hours while attempting not to inadvertently swing or pull the cable, and as a result damage the nerve that was to be protected by ION in the first place.
This market opportunity can now be tackled with a wireless approach to ION, our experience in the development of electrodes, amplifiers and stimulators and recently developed miniaturized low-power RF electronics.
In this Phase I project we wish to focus on a feasibility study to establish the customer-driven system specifications, acceptable end-customer price range, desirable distributor list price and sales forecast as well as IPR freedom-to-operate. Going forward these data will inform our Business Plan in the ongoing fundraising process prior to Phase II.
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.
- social sciences economics and business economics
- social sciences economics and business business and management business models
- medical and health sciences clinical medicine surgery surgical procedures
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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.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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-2016-2017
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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.
08197 BARCELONA
Spain
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.