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RedStroke SIGNED

Smart ICT-solution to cost-efficiently detect atrial fibrillation to Reduce Europe’s burden of Stroke

Total Cost €

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EC-Contrib. €

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Partnership

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 RedStroke project word cloud

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

78    rate    deployment    technologies    risk    final    hour    service    detection    market    total    screened       stroke    structured    200m    employment    confirmation    clinically    noticed    international    proven    holter    screening    electrocardiogram    player    telecare    attractive    company    suspects    services    driving    strokes    initiation    death    difficult    amounts    healthcare    clinical    disability    170    eic    99    investment    million    first    capture    plus    ict    atrial    ready    standard    accuracy    surrounding    grade    revenues    solution    cardiologist    deaths    65    investments    competitors    sme    suitable    successful    smartphone    billion    vis    arrhythmia    german    agrave    commercialisation    accelerate    af    active    volume    core    costly    identification    fibrillation    safeguard    efficient    patients    accounting    routine    prevent    96    times    cumulative    profitability    150    2025    sales    treatment    verify    health    grant    representing    preventicus    referral    roll    insurance    sustained    usa    20    started    ecg    accurate    companies    return    germany    gt    time    cardiac    smart    31    24    predictive   

Project "RedStroke" data sheet

The following table provides information about the project.

Coordinator
PREVENTICUS GMBH 

Organization address
address: GOETHESTRASSE 3B
city: JENA
postcode: 7743
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 Germany [DE]
 Project website https://www.preventicus.com/ueber-preventicus/unternehmen/
 Total cost 3˙555˙382 €
 EC max contribution 2˙488˙767 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2018
 Duration (year-month-day) from 2018-11-01   to  2020-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PREVENTICUS GMBH DE (JENA) coordinator 2˙488˙767.00

Map

 Project objective

Stroke is the second most common cause of death and complex disability, accounting for ~1 million deaths in Europe each year. Total cost of stroke in the EU amounts to €65 billion a year. Main risk factor for stroke is atrial fibrillation (AF), the most common type of sustained cardiac arrhythmia. Early identification of AF can prevent strokes as treatment can be started on time. However, AF is difficult to capture and often not noticed. Classical AF detection methods (electrocardiogram [ECG] and 24 hour-holter-ECG) have less than 20% success rate. Plus these methods are costly and not suitable for routine large-scale screening. German SME company Preventicus developed a smart ICT solution for accurate and cost-efficient AF screening, aiming to prevent stroke, based on technologies present in a standard smartphone. Its technology is clinically proven in international studies (accuracy: 96%, predictive value: >99%). To ensure wide deployment as structured AF detection program, Preventicus has set-up clinical grade services surrounding its ‘core’ technology, e.g. Telecare service to verify AF suspects, to safeguard timely referral of the screened AF-patients to a cardiologist for AF confirmation and treatment initiation. The target market is an attractive high volume market (~150-200M end-users in Europe). Preventicus is the first European player in the market (all its competitors are US-based). As such, investments in the company will enhance Europe’s standing in the smart healthcare technologies market vis à vis the USA. Following successful commercialisation in Germany (~170,000 active users and sales to large health insurance companies), Preventicus is now ready to accelerate growth beyond Germany. Funding will allow the company to take the final steps needed for EU-wide roll-out, directly driving employment growth and profitability of the company (estimated cumulative revenues: €78 million in 2025, representing return of investment of >31 times the EIC grant)

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

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