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LASER-HEAL

A breakthrough laser-based medical device to eradicate bacterial biofilm in chronic wounds and accelerate wound healing.

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

LASER-HEAL project word cloud

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

fda 39bn device invasive software global rapid 2025 approval human successful company biofilms 12 deep informa gt treatment clinics silent time intact recognize exit contours standard confirm data introduction 2024 sales 10m consists predicted total market backed preliminary move compatible confidential protecting pay delivering safe eradicate care solutions 75 bacteria seek fast 29bn lack 2017 22 annual mins laser 72bn changing skin session antibiofilm smei cells showing cumulative medical truly revenue species markets optomechatronics risked map manner regulatory commercial commercialize people wounds bn obtaining preferred tackle willingness acquisition wound de heal abstract left generating proposition killing first million game income chronic epidemic solution

Project "LASER-HEAL" data sheet

The following table provides information about the project.

Coordinator	VULCUR MEDTECH Organization address address: SONDERVIGVEJ 50 city: VANLOSE postcode: n.a. 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	Denmark [DK]
Project website	http://vulcur.com/
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 2019-10-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	VULCUR MEDTECH VULCUR MEDTECH Organization address address: SONDERVIGVEJ 50 city: VANLOSE postcode: n.a. 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.	DK (VANLOSE)	coordinator	50˙000.00

Map

Project objective

Chronic wounds affect 10M in Europe and 6.4 million people in the US, with annual costs of >€72Bn in Europe and >€22 Bn in the US. It is a silent epidemic. Key to this problem is the lack of truly effective solutions that fully eradicate bacteria-protecting biofilms deep within chronic wounds.

We have a game-changing new solution to tackle this problem: LASER-HEAL. LASER-HEAL is a medical device that consists of 1) a laser-generating unit that can reach deep within wounds; 2) optomechatronics to move the laser in a controlled manner and 3) software to recognize the contours and depth of wounds. LASER-HEAL enables, for the first time, non-invasive, safe, low-cost (€1.000 p/treatment), rapid (30 mins/session, total ~12) treatment, compatible with standard of care. We have preliminary data showing killing of all relevant species of bacteria, while human skin cells are left intact.

We will bring LASER-HEAL to the global wound care management market (€29bn in 2017 expected to reach €39bn by 2024). We will respond to the need of this market by delivering an effective antibiofilm device for chronic wounds. We will commercialize LASER-HEAL through sales to US clinics first, through fast FDA approval and confirm willingness to pay. By 2025, we will demonstrate revenue potential for LASER-HEAL, and seek a commercial exit, through acquisition (preferred) by a major medical device company, who will then bring LASER-HEAL to the European and global markets. Cumulative income of €75 million is predicted for LASER-HEAL by 2025 during this phase.

We have a unique proposition, backed by preliminary results and the interest of a major wound care company (confidential for this abstract). We want to undertake a detailed study to map successful market introduction for LASER-HEAL. Funding from SMEi Phase can support us with obtaining crucial market, regulatory and de-risked development informa

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The information about "LASER-HEAL" are provided by the European Opendata Portal: CORDIS opendata.