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ExtruLub

Commercialisation of Advanced Extrusion Technologies Delivering Disruptive Innovation for the Next Generation of Catheter Based Medical Devices.

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EC-Contrib. €

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Partnership

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 Outcomes and results

 ExtruLub project word cloud

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

jobs    globally    equating    scientific    reduce    51    hollister    medical    anti    full    reducing    surfaces    measured    device    diania    company    extrulub    customer    supply    margins    attaining    function    23    30    chemistry    containment    safety    functional    resins    market    oem    alternatives    catheter    command    polymer    profile    2020    medtronic    technologies    facilitates    first    international    42    cardiology    ca    enhancement    boston    friction    independent    safeguarding    21    13    revenue    replace    oems    3mn    extrusion    mn    disruptive    global    applicable    564mn    15    5bn    model    combined    alone    generate    patient    assists    grow    surface    genuine    site    gross    demonstrated    manufacturer    advancing    perspective    sub    customers    core    generation    original    economic    protective    science    showed    markets    initial    savings    sits    engineering    lean    line    urology    coloplast    antimicrobial    drugs    harnessing    realising    manufacturing    materials    business    share    innovative    differentiation    gain    whilst    ambition    170mn    batch    eg    skilled    world    realise    thrombogenic    preferred   

Project "ExtruLub" data sheet

The following table provides information about the project.

Coordinator		 DIANIA TECHNOLOGIES LIMITED 

Organization address
address: UNIT 120 NUIG BUSINESS INNOVATION CENTRE UPPER NEWCASTLE
city: GALWAY
postcode: H91 Y682
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 Ireland [IE]
 Project website http://linkedin.com/company/DiaNia-Technologies
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
2. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-07-01   to  2015-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    DIANIA TECHNOLOGIES LIMITED IE (GALWAY) coordinator 50˙000.00

Map

 Project objective

ExtruLub is an innovative, disruptive extrusion technology applicable across a range of medical polymer resins, which has the ability to change the surface of a catheter without affecting core device properties. The technology sits in the component sub-supply global market with an initial value of €564mn applicable across all catheter markets (combined value of $42.5bn globally by 2020). From a functional perspective, ExtruLub has the ability to reduce surface friction, generate protective antimicrobial & anti-thrombogenic surfaces & deliver site specific drugs all whilst reducing catheter profile. This enhancement of catheter function assists in safeguarding patient safety & will command genuine product differentiation for the original equipment manufacturer (OEM) of the end device, enabling them to gain market share.From an economic perspective it facilitates a change from lean to batch manufacturing realising cost containment for the target customer.Taking the cardiology sector as an example, an independent study demonstrated ExtruLub would reduce costs for the OEM (eg Boston Scientific, Medtronic etc.) by 51% realising savings of ca. €3mn p.a in one product. In the urology sector, the measured impact showed increased gross margins of ca.13% on one product line alone enabling €21.5 mn p.a. savings for potential customers like Hollister, Coloplast etc. DiaNia Technologies ambition is to grow into a world leading, international technology company, realising market share through disruptive technologies.Our initial goal is to replace current ExtruLub alternatives attaining a 30% market share with the friction product, equating to €170mn in full production.Harnessing advanced polymer chemistry through materials science and engineering has the potential to realise €23.3mn in revenue & 15 new, highly skilled jobs within the first 4 years through a business model preferred by OEMs.This disruptive technology is the key to advancing the next generation of medical devices.

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

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