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ImplantFreeSpine

World’s first complete motion-preservation 'Implant-less' surgical correction for Scoliosis

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 ImplantFreeSpine project word cloud

Explore the words cloud of the ImplantFreeSpine project. It provides you a very rough idea of what is the project "ImplantFreeSpine" about.

period    chronic    scoliosis    permanent    directives    marketing    reported    carry    global    solution    12    time    quality    capture    diabetes    prototype    elimination    hospitalisation    planning    spinal    40    procedure    complete    grow    deformity    lifetime    hypertension    spine    treatment    correction    2022    selling    annual    engage    introductory    caused    life    surgery    obstructive    conduct    alternative    huge    lung    complexity    techniques    undergo    permanently    42       optimisation    innovative    invasive    deformities    plan    compound    rate    shorter    business    surgical    significantly    million    preserves    17    holds    arthritis    commercialisation       mobility    model    world    operative    fusion    meeting    phases    population    intend    share    physical    months    safer    care    medical    additional    earn    rehabilitation    cure    billion    post    international    market    strategies    rigid       restricting    revenues    severe    people    arrest    disease   

Project "ImplantFreeSpine" data sheet

The following table provides information about the project.

Coordinator
ATC GROUP LIMITED 

Organization address
address: UNIT 17 PERRYWOOD BUSINESS PARK HONEYCROCK LANE SALFORDS
city: REDHILL SURREY
postcode: RH1 5JQ
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country United Kingdom [UK]
 Project website http://www.atcltd.co.uk/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.1.3. (Treating and managing disease)
 Code Call H2020-SMEINST-1-2014
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-06-01   to  2015-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ATC GROUP LIMITED UK (REDHILL SURREY) coordinator 50˙000.00

Map

 Project objective

Scoliosis affects 2-3% of the world population i.e. about 12 million people in the EU. 20,000 cases of severe scoliosis are reported each year in the EU but less than 3,000 cases ever undergo surgery due to cost and complexity of the surgery. Severe cases of scoliosis are treated by spinal fusion; a major surgical procedure that makes the spine permanently rigid restricting physical activities and permanent arrest of spinal growth. The impact of spinal deformity caused by scoliosis on the quality of life before and after surgery is huge compared with other chronic conditions such as arthritis, chronic obstructive lung disease, diabetes and hypertension. Due to the need for an alternative method for better correction of scoliosis deformities we have developed novel devices and a highly innovative care model involving a safer and significantly less invasive, complete cure which preserves spinal mobility and growth potential. Our solution will result in reduced cost of treatment by over 40% because of shorter hospitalisation, reduced operating time, elimination of additional procedures and lifetime care costs. Spine surgery currently holds a €10.2 billion global market share and is estimated to grow at a compound annual growth rate of 6.9% to reach €17.5 billion by 2022. We aim to capture a market share of 0.1% in 5 years post commercialisation of our project and earn compound revenues of €42.5 million by selling our devices over the same period. In Phase 1 of this project we intend to conduct detailed planning of the testing and design optimisation phases, carry out a market study plan, identify and engage international partners and develop a draft business plan for use upon commercialisation within a period of 6 months. In Phase 2 we will develop an advanced prototype meeting relevant EU and US Medical Devices Directives, demonstrate surgical techniques, rehabilitation strategies, and post-operative procedures and also conduct introductory marketing of our devices.

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The information about "IMPLANTFREESPINE" are provided by the European Opendata Portal: CORDIS opendata.

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