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PLUGandFLOW SIGNED

VessConnect “Plug Flow” innovative technology providing patients a safer, more effective and less costly procedure for vascular anastomosis

Total Cost €

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EC-Contrib. €

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Partnership

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 PLUGandFLOW project word cloud

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

probabilities    union    trl6    organ    gain    shape    microsutures    proceeding    ends    surgery    vascular    77    vessels    technically    ease    lack    margin    healthcare    market    anastomosis    plug    appeared    microvascular    business    designed    easier    health    nitinol    spread    keywords    2021    mid    abstract    markets    company    surgeons    material    stent    reconstruction    reduce    safer    innovative    none    medical    2019    45    vessconnect    polymers    start    innovation    efficient    learning    ebitda    prototyped    transplants    generating    performed    vascu    improvement    absorbable    solicited    pct    proposal    perform    microsurgery    share    flow    procedure    surgical    free    memory    founded    surg    though    techniques    suturing    18m    270    consultant    time    efficiency    costly    acronym    last    patent    reliability    consuming    title    materials    blood    relies    solution    patients    engineer    curve    dangers    bio    revenues    private    plugandflow    estimate    launch    device   

Project "PLUGandFLOW" data sheet

The following table provides information about the project.

Coordinator
SURG SOLUTIONS SL 

Organization address
address: AVENIDA MADRID 139 PLANTA 7 PUERTA 2
city: BARCELONA
postcode: 8028
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 Spain [ES]
 Project website http://www.vessconnect.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.5. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing)
2. H2020-EU.2.1.3. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-12-01   to  2018-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SURG SOLUTIONS SL ES (BARCELONA) coordinator 50˙000.00

Map

 Project objective

Proposal title* VessConnect “Plug & Flow” innovative technology providing every year to 270.000 European patients a safer, more effective and less costly procedure for vascular anastomosis.

ACRONYM:

PLUGandFLOW

Free keywords vascular anastomosis, microvascular anastomosis, microsurgery, NiTiNol, advanced materials, bio-absorbable Shape Memory Polymers, Advanced Material Innovation applied to surgical device, microsurgery.

Abstract: Vascular anastomosis, the surgical union of two blood vessels, has been technically performed in the same way for the last 100 years: suturing both ends of the vessels with microsutures. Even though several devices have appeared to ease the proceeding, none of them could improve traditional techniques. The result is a time-consuming procedure, with a long learning curve, which is not widely spread in private health systems because of its dangers and lack of efficiency and reliability. Surg Solution’s, is a start-up company founded by two surgeons, one bio-medical engineer and a business consultant, that has designed, prototyped and solicited a PCT patent for a device, VessConnect, that will reduce costs and probabilities of failure in anastomosis procedures. The product, a stent-like device, relies on the shape-memory characteristics of NiTiNol. Vascular anastomosis is a widely spread surgical procedure used in organ transplants and general reconstruction surgery, among others. Vessconnect has the potential to impact on the health improvement of the 270.000 European patients that we estimate need a surgery involving an anastomosis every year. Surg Solution aims to gain with VessConnect, 45% market-share of microvascular anastomosis in top European Markets in 5 years, generating €18M on revenues by 2021 with a 77% EBITDA margin. VessConnect is at TRL6. We aim to launch the product by mid 2019, bringing to patients a safer surgery, to surgeons an easier procedure and to the healthcare system a more efficient solution to perform vascu

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