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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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 Outcomes and results

 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.

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

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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