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KOALA FOCUS SIGNED

KOALA FOCUS: A disruptive e-health approach to treat at home, attention deficits without drugs

Total Cost €

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EC-Contrib. €

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Partnership

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 KOALA FOCUS project word cloud

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

pay    appropriate    accounting    accumulate    breakthrough    drugs    session    patient    affordable    36m    cagr    innovation    monitoring    revenues    capturing    model    disorder       medicated    cap    50    types    drug    addressable    trl6    disruptive    buy    neurological    good    adults    prescribers    version    regular    hiring    thanks    koala    hardware    individuals    sales    intelligence    medication    neurofeedback    21    rate    therapeutic    profit    health    revolutionary    mensia    techniques    first    mainly    market    earning    once    roi    attention    practices    diagnosed    validated    trials    digital    children    deficits    device    medical    home    hyperactivity    disorders    societal    treating    treatment    combination    adverse    gold    worth    business    whatever    total    ehealth    platform    deficit    employees    invasive    age    rejection    adhd    precise    clinical    120       secured    standard    20    treat    refusal    artificial    prototype    2024   

Project "KOALA FOCUS" data sheet

The following table provides information about the project.

Coordinator
MENSIA TECHNOLOGIES 

Organization address
address: PLACE DU GRANIER
city: CHANTEPIE
postcode: 35571
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 France [FR]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (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-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-05-01   to  2019-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MENSIA TECHNOLOGIES FR (CHANTEPIE) coordinator 50˙000.00

Map

 Project objective

Attention Deficit with/without Hyperactivity Disorders (ADHD) is a neurological disorder with a high societal impact: 2.5 M children are diagnosed, and 2-5 M Adults in Europe are non-diagnosed. 50% children are not medicated mainly due to drug refusal and high rate under medication face adverse effects and treatment rejection. Mensia has developed a revolutionary prototype, Mensia KOALA, to treat ADHD by means of neurofeedback at home and without drugs, using Artificial Intelligence techniques. Our new prototype version “KOALA Focus” aims to be the first affordable Gold Standard Medical Device for Precise Medical Neurofeedback friendly used at home, whatever the patient's age. Our prototype, currently at TRL6, is a breakthrough innovation thanks to disruptive combination: at home evidence based medical neurofeedback technology, the first reliable non-invasive and precise e-Health Digital Therapeutic, monitoring and treating various types of ATTENTION DEFICITS. Our business model is based on buy hardware cap via secured eHealth Mensia platform and pay per at home session. The ADHD therapeutic market is estimated to reach €21.5 B by 2024 growing at a CAGR of 6.2%. TOTAL ATTENTION DEFICIT market in Europe worth 5 M individuals. KOALA Focus, once validated by the appropriate clinical trials, can achieve up to 50% of regular prescribers from this addressable market in the EU. Mensia aim to set up a Gold Standard of Good Clinical Practices for Precise Medical Neurofeedback at home, capturing 20% (1 M individuals) of this addressable market: 2,5 M children EU 2,5 M adults. We estimated that in 5 years (end of Phase 2 project), we will accumulate ~€120 M of Revenues at 40€ /session, accounting for ~5% of the EU market, earning ~€36M profit (ROI of 5.7), while hiring 60 new technical and sales employees.

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lastchecktime (2022-05-18 6:08:31) correctly updated