Objective Phantom pain and the risk of falling are the two major unsolved problems of leg and foot amputees. The Austrian company Saphenus Medical Technology is developing a sensory feedback system (IPS) that solves these two problems. The novelty of IPS is the «feeling prosthesis» for the leg: The authentic capturing of the gait image represents a breakthrough innovation which does not exist in the global market so far. The key market application of IPS is cost-efficient, affordable, and an optimized care for amputees. The factor of pain in the form of phantom, neuroma or stump pain puts more than 50 percent of the amputees under pressure, and more than 2 million people throughout Europe are affected by a loss of their limbs. Saphenus brings to market a prosthesis solution that reduces or makes disappear phantom pains and brings cost savings of 50-85% to existing models. Social and health insurance institutions have recognized the socio-economic benefits of this breakthrough innovation of a direct cost saving of more than EUR 24,000 per year per pain-induced prosthesis wearers. Fields of science natural sciencesphysical sciencestheoretical physicsparticle physicssocial sciencespolitical sciencespolitical transitionsrevolutionsmedical and health sciencesmedical biotechnologyimplants Programme(s) H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme H2020-EU.3. - PRIORITY 'Societal challenges H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies Topic(s) EIC-SMEInst-2018-2020 - SME instrument Call for proposal H2020-EIC-SMEInst-2018-2020 See other projects for this call Sub call H2020-SMEInst-2018-2020-1 Funding Scheme SME-1 - SME instrument phase 1 Coordinator SAPHENUS MEDICAL TECHNOLOGY GMBH Net EU contribution € 50 000,00 Address MAGNESITSTRASSE 1 3500 KREMS AN DER DONAU Austria See on map SME The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed. Yes Region Ostösterreich Niederösterreich Waldviertel Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 71 429,00