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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.

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

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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