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BriScrew

BioResorbable Ostheosynthesis Implant

Total Cost €

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EC-Contrib. €

0

Partnership

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 BriScrew project word cloud

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

merely    81    secondary    surgery    risks    900    13    shielding    roi    global    team    generate    prevent       biodegradable    95    engineering    reduces    investment    ca    risk    launch    off    2m    silver    zirconium    healthcare    gold    temperature    extremely    stimulates    screw    adverse    frequently    magnesium    sell    medicine    employees    bioresorbable    hire    time    implant    profit    minimize    organism    surgical    stiff    feeling    treatment    earth    commercializing    introduce    infections    performed    total    bone    mg    foresee    alloy    7m    consists    payback    disease    healing    qualified    screws    implants    purified    pain    fractures    conventional    orthopaedic    too    steel    rare    metal    osteosynthesis    remove    revolutionary    operation    standard    earn    titanium    zn    alloyed    removal    assurance    patient    stress    natural    sales    hospital    injuries    individuals    materials    q3    quality    commercialization    bri    unpredictable    almost    composition    2020    market    aluminium    pay   

Project "BriScrew" data sheet

The following table provides information about the project.

Coordinator
BRI.TECH GMBH 

Organization address
address: ROSSMANNGASSE 21/4
city: GRAZ
postcode: 8010
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 Austria [AT]
 Project website http://britech.eu/
 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-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-03-01   to  2017-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BRI.TECH GMBH AT (GRAZ) coordinator 50˙000.00

Map

 Project objective

In the EU, 20 % of all hospital treated injuries are bone fractures. If surgical treatment of bone fractures is necessary, it is currently performed with standard metal implants. Conventional gold-standard titanium or steel implants are too stiff, have adverse effects on the patient (feeling of pain during temperature changes) and lead to stress-shielding. Their usage is associated to the risk of infections and bone loss. Often a secondary surgery for removal is needed which is associated with almost 50 % higher healthcare costs. When Mg-based implants are used they are frequently alloyed with rare earth elements, aluminium, silver or zirconium. However, zirconium reduces the healing properties, aluminium and rare earth elements may remain in the organism and can lead to unpredictable effects, while the application of silver might result in a silver-disease.

Within the BRI.SCREW project we will introduce to the market revolutionary osteosynthesis implants that do not need surgical removal. We will use our own bioresorbable magnesium alloy which consists merely out of extremely high purified natural materials including Mg, Ca and Zn. BRI.SCREW is 100 % biodegradable, stimulates the healing process of the bone and has no side effects due to the implant's composition. Our orthopaedic implants will prevent the need of a second operation to remove the implant and will therefore minimize patient costs and surgical risks.

Our team consists of highly qualified individuals with experience in medicine, engineering and quality assurance. The investment in BRI.SCREW will pay off. We have estimated that after 5 years from launch, we will sell in total 81.900 BRI.SCREWs (sales €13.2M), hire 10 technical employees, and manage 5% of the global market. We will earn €8.7M profit and generate a ROI of 3.95 by commercializing this technology. We foresee the payback time in 2 years after commercialization (in Q3 of 2020).

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

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

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