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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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 Outcomes and results

 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.

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

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

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