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UpSurgeOn Academy SIGNED

The first hybrid simulation platform for neurosurgery

Total Cost €

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EC-Contrib. €

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Partnership

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 UpSurgeOn Academy project word cloud

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

bear    rising    customer    2m    complete    ebitda    integrates    neurosurgical    25    million    worldwide       apps    15    introducing    90s    4m    physician    hospitals    roi    payment    brainbox    19    indemnity    neurosurgeons    resident    training    students    utterly    disciplines    existent    closest    23    education    surgeons    tuition    public    learning    upsurgeon    size    benefits    verified    tools    curriculum    reducing    actual    boost    professionals       precision    shortfall    expensive    first    fees    reigns    skills    unmet    acheive    programs    brain    texture    digital    ar    cumulated    human    hybrid    countries    affordable    simulation    toolkit    lasting    augmented    residents    price    physical    medical    malpractice    claim    unattended    completion    answering    practise    revenues    types    company    academic    academy    replicating    278    neurosurgery    income    medicine    device    middle    claims    platform    letting   

Project "UpSurgeOn Academy" data sheet

The following table provides information about the project.

Coordinator
UPSURGEON 

Organization address
address: VIALE MONZA 347
city: MILANO
postcode: 20126
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 Italy [IT]
 Total cost 1˙726˙080 €
 EC max contribution 1˙208˙256 € (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 2019
 Duration (year-month-day) from 2019-10-01   to  2021-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    UPSURGEON IT (MILANO) coordinator 1˙208˙256.00

Map

 Project objective

Neurosurgery training is one of the most long-lasting and expensive of all medical disciplines. Learning programs average 15 years and tuition fees can reach up to €60,000 per year. Even in the countries where public education reigns, hospitals need to bear a high cost per resident which can go up to €1 million. For this reason, there is a shortfall of 23,000 neurosurgeons in low and middle-income countries, and 5 million unattended neurosurgical cases that go unmet each year worldwide. Furthermore, cases of malpractice in neurosurgery are on the rise (by 25% since the 90s): 3.4% neurosurgeons face malpractice claims every year, and 19% any type of claim, rising the indemnity payment up to €278,000 per physician. UpSurgeOn Academy aims at answering to these problems as it is the first hybrid simulation platform which integrates digital and physical tools for neurosurgery training. It includes a complete toolkit of Apps for letting neurosurgery students study all types of procedures, benefits from the closest-to-reality existent experience with a physical device replicating an actual human brain in size, precision and texture (the Brainbox) and then practise through the use of Augmented Reality (AR). Its low price makes it utterly affordable for its identified and verified key target customer: medical students, neurosurgery residents and advanced surgeons, thus i) enabling neurosurgery students to enhance their academic curriculum before they become residents; ii) bringing reliable simulation to neurosurgery, as it is one of the areas of medicine which need most; iii) reducing the number of malpractice cases by introducing better resources in neurosurgery education programs that boost professionals’ skills; iv) increasing the number of neurosurgeons, especially in low and middle-income countries. With this project, our company aims to acheive €15,4M in revenues, with a cumulated EBITDA of €5.2M, and a ROI of 3.3 in the 5 years following the completion of Phase 2.

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

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