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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.

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

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

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