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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.

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

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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