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InDx SIGNED

InDx - an innovative implant that restores natural motion to patients with thumb base joint arthritis

Total Cost €

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EC-Contrib. €

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Partnership

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 InDx project word cloud

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

dynamic    company    ftes    debilitating    extensive    indx    humanitarian    treatment    suffers    causes    galway    university    implant    organization    commercialisation    national    usa    biomechanics    trl    europeans    stage    thumb    start    first    employment    months    market    stages    prepare    population    human    million    51m    international    impossible    estimates    fundamental    lags    prone    medical    healthcare    namsa    investigations    jar    fda    marking    base    irish    dressed    door    led    date    small    opening    germany    cumulative    medvie    approval    launch    running    25    expertise    joints    station    spin    designed    sme    implants    clinical    ireland    loci    accommodate    functional    24    validate    endolab    anatomy    approximately    surgical    restore    arthritis    natural    ce    510k    substantial    final    revenues    world    orthopaedics    socioeconomic    commercialization    dexterity    disruptive       uk    innovation    burden    movement    joint   

Project "InDx" data sheet

The following table provides information about the project.

Coordinator
LOCI ORTHOPAEDICS LIMITED 

Organization address
address: UNIT 209 NUIG BUSINESS INNOVATION CENTRE UPPER NEWCASTLE
city: GALWAY
postcode: H91 V207
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 Ireland [IE]
 Total cost 3˙633˙125 €
 EC max contribution 2˙543˙187 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-EIC-FTI-2018-2020
 Funding Scheme IA
 Starting year 2019
 Duration (year-month-day) from 2019-07-01   to  2021-06-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    LOCI ORTHOPAEDICS LIMITED IE (GALWAY) coordinator 1˙746˙500.00
2    NORTH AMERICAN SCIENCE ASSOCIATES LIMITED UK (SELBY) participant 319˙812.00
3    Medvie Limited IE (MALAHIDE) participant 280˙000.00
4    ENDOLAB MECHANICAL ENGINEERING GMBH DE (RIEDERING) participant 196˙875.00

Map

 Project objective

The thumb base joint is fundamental for human dexterity and functional activity but is prone to debilitating arthritis. Approximately 5% of the world population suffers from this condition with over 25 million Europeans affected. Simple tasks become impossible such as getting dressed, opening a jar, using a key to open a door. This is certainly a relevant socioeconomic and humanitarian concern, which causes a substantial cost burden on healthcare systems, yet the effective treatment for end-stage thumb base arthritis lags far behind other joints, given challenges of the small, complex anatomy. The InDx project aims to enable the commercialization of the InDx implant, the world’s first implant designed to accommodate the complex biomechanics of the thumb base joint and restore the natural movement of the thumb. The consortium is led by Loci Orthopaedics, a technology-driven SME spin-out company from the National University of Ireland, Galway. The partners include EndoLab in Germany, that has developed a novel dynamic test station for implants, NAMSA in the UK, a leading medical research organization with extensive experience in running international clinical investigations, and Medvie, an Irish based SME with extensive project management, dissemination and commercialization expertise. Together, the consortium have brought the implant to TRL 6 level. As part of the InDx project, the consortium will undertake the final stages of product development and will validate clinical results in a clinical study that will prepare the CE marking and market access. Market launch is planned within 24 months from the project start date, following FDA 510K approval in the USA and CE marking in Europe. The consortium estimates cumulative revenues of €51M within 5 years from the start of commercialisation and an employment growth of 25 FTEs for the consortium partners. The InDx has the potential to be a disruptive innovation in the surgical management of thumb base joint arthritis.

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

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