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INSULCLOCK

Empowered control of drugs's dosage in chronic diseases.

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

INSULCLOCK project word cloud

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

altogether market communication company affection lighter space 25 possibilities vascular create pen technologies smart fulfils critical global full insulin demand painful smaller investment solution budget records injections patient reusable integrates volume nerve months treatment automatically 9 reliability cloud diabetics data cagr action self care purposes universal pens opportunity million integral assuring 2025 diabetes plan billion mobile stores inculclock internationalization integration pool private caregivers totaled launch serious uncontested competitors wireless privacy thirds injected 2013 insulclock really points security electronic thanks 12 memory wearable estimate 380 risk disease death business advantage total 1m advantages patients complications modern fails daily industrialization

Project "INSULCLOCK" data sheet

The following table provides information about the project.

Coordinator	INSULCLOUD Organization address address: JULIO PALACIOS, 29 13 Esc.A city: MADRID postcode: 28029 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	Spain [ES]
Project website	http://insulclock.com/
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
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	INSULCLOUD INSULCLOUD Organization address address: JULIO PALACIOS, 29 13 Esc.A city: MADRID postcode: 28029 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.	ES (MADRID)	coordinator	50˙000.00

Map

Project objective

INSULCLOCK addresses the opportunity of providing a new product within the growing market for diabetes care, a very serious and painful disease with an expected global patient pool of 380 million by 2025. More specifically, INSULCLOCK approaches the insulin pens market which totaled above 8 billion € in 2013, with a 9% CAGR for the next years.

More than 25% of diabetics depend on insulin injections daily, and it is estimated that two-thirds of insulin volume is injected via a modern pen devices. In case treatment fails, there is high risk of complications related to vascular and nerve affection and even death.

The goal of our project is to launch market uptake of INCULCLOCK, an integral solution to really help diabetics and their caregivers in self-managing their disease. Thanks to the unique integration of smart electronic devices and mobile&wearable technologies, we create new demand both from patients already using insulin pens and those not doing so because of reliability issues. Also, around their caregivers, not involved today in business, creating an uncontested market space.

In the current market there are smart/memory insulin pen devices however several reasons make INSULCLOCK really unique:

1. It automatically records all critical information related to insulin in-taking for diabetes treatment. 2. It stores data taking full advantage of possibilities offered by the Cloud and mobile application technologies, assuring security and privacy. 3. It integrates wireless communication. 4. It is universal, reusable and even smaller and lighter than competitors. 5. It fulfils these advantages altogether.

We plan to undertake detailed studies for identifying key action points for the internationalization and growth of the company as well as industrialization process, purposes of Phase 2, for which we estimate a total budget of 1M€ for 12 months. In Phase 3 we will focus in further private investment.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "INSULCLOCK" project.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

Send me an email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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