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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.

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

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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