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ACE

ANNULUS CLOSURE EXPANDABLE DEVICE BASED ON SHAPE-MEMORY MATERIALS AND MEDICAL TEXTILES: SCALE-UP TO PRODUCTION, TESTING AND DEMONSTRATION.

Total Cost €

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EC-Contrib. €

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Partnership

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 ACE project word cloud

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

textile    ace    leadership    respects    manufacturing    securely    directors    innovative    barrier    combining    device    patent    unmet    commercial    closure    environment    cornerstone    vertebra    start    company    conversations    launching    position    add    re    natural    hernia    fusion    manufacturer    triple    consolidating    gap    strategic    sales    techniques    fixed    health    cagr    expandable    back    foreseen    examiner    player    operate    broaden    moment    surgery    leaves    industrial    accelerate    solves    trl6    permanent    portfolio    2018    900    pain    invention    segment    disc    visibility    18    verified    2022    implants    minimum    bridging    provides    market    medical    commercially    added    movements    surgeons    spinal    annulus    dynamic    had    patients    validated    plan    ready    sick    first    business    payers    board    clinical    approval    productivity    spine    clinicians    eurostars    solution    procedure    implant    approved    launch    turnover    ip    landscape    active    1400    freedom    neos    socio    expertise    2015    herniation    economic    ocean    blue   

Project "ACE" data sheet

The following table provides information about the project.

Coordinator
NEOS SURGERY SL 

Organization address
address: PASEO MIKELETEGI - PARQUE TECNOLOGICO MIRAMON 2
city: DONOSTIA SAN SEBASTIAN
postcode: 20009
website: www.neosurgery.com

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://www.neosurgery.com/index.php/en/r-d-projects/186-ace-annulus-closure-expandable.html
 Total cost 2˙722˙250 €
 EC max contribution 1˙905˙575 € (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-2-2015
 Funding Scheme SME-2
 Starting year 2015
 Duration (year-month-day) from 2015-10-01   to  2018-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    NEOS SURGERY SL ES (DONOSTIA SAN SEBASTIAN) coordinator 1˙905˙575.00

Map

 Project objective

The objective of the ACE project is to broaden NEOS’ product portfolio by launching its first Spinal Product, an Annulus Closure Device in 2018. Sales from this product will more than triple NEOS’ turnover between 2018 and 2022. It will also position NEOS in a very strategic segment of the Spinal Implants Market: Non-Fusion Spinal Implants (900-1400 M€, CAGR 10-18%), consolidating its visibility as a manufacturer of innovative implants.

The ACE provides a permanent solution to an unmet clinical need: disc hernia management. The ACE solves the challenge by providing a barrier to re-herniation which is expandable, is securely fixed to the vertebra, has minimum impact on the current surgery procedure, and respects natural spine movements. This is done by combining expertise in implant design, textile technology, and advanced manufacturing techniques, and was developed by a European consortium in a Eurostars-funded project.

The ACE is currently at TRL6, and is ready for testing in its operational environment. The European patent of the invention is in conversations with the examiner, approval foreseen in 2015. Freedom to Operate had been verified. The ACE has been validated with clinicians and commercial partners and the ACE Business Plan has been approved by NEOS’ Board of Directors.

The ACE will address a “Blue Ocean” type market with a dynamic IP and start-up landscape, with only one commercially active player at the moment.

The ACE will add value to Patients, Surgeons and Payers by offering a cost-effective, permanent solution to low back pain. NEOS will be the first European company to launch an Annulus Closure Device, which will address many European challenges: the socio-economic impact of low back pain (Health Costs, sick leaves, productivity loss), European industrial leadership in the high added-value Medical Devices sector, and bridging the gap between research and the market. The ACE is the cornerstone of NEOS’ Strategic Plan to accelerate its growth.

 Deliverables

List of deliverables.
NEOS’ website update Websites, patent fillings, videos etc. 2019-05-31 18:07:21

Take a look to the deliverables list in detail:  detailed list of ACE deliverables.

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

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