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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.

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

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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