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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.

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

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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