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SmartGUIDE SIGNED

SmartGUIDE - Enabling a New Standard of Care Through a Smart Guidewire Device to Fight Stroke and Save Lives

Total Cost €

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EC-Contrib. €

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Partnership

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 SmartGUIDE project word cloud

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

saves    deaths    guided    poorly    32    interventional    disruptive    epfl    surgeon    innovation    2017    off    commercialization    renowned    compatible    quality    neuro    6    deflect    stroke    times    200    invasive    handle    generation    232    lesion    each    longer    suffer    patented    orient    reducing    reshape    procedure    manipulator    3rd    time    35    least    patient    5th    arteries    2021    18    direct    smartguide    treat    life    swiss    annual    prevent    revenue    decrease    vision    cagr    steer    ing    specialists    training    technologies    people    head    remove    total    neuroradiology    breakeven    saving    15    ischemic    recovery    32m    remotely    expanding    strokes    mortality    medical    disease    spin    roi    physicians    infection    artiria    radio    guidewire    profit    improvement    tip    founded    cummulative    navigate    surgery    risk    difficult    29    endovascular    artery    2016    device    390m    first    translates    replaces    puncture    minutes    generate    market    jobs    shapeable    addressable    million    worldwide    brain    haemorrhagic    navigating    minimally   

Project "SmartGUIDE" data sheet

The following table provides information about the project.

Coordinator		 ARTIRIA MEDICAL SA 

Organization address
address: CHEMIN DU JAILLET 27
city: BOREX
postcode: 1277
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 Switzerland [CH]
 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 2019-12-01   to  2020-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ARTIRIA MEDICAL SA CH (BOREX) coordinator 50˙000.00

Map

 Project objective

Each year, 15 million people suffer from stroke, resulting in 5 million deaths worldwide. This disease is treated via endovascular radio-guided surgery, where the guidewire used to navigate in arteries to reach a lesion is very difficult to orient and steer. At least 5 times per surgery, the surgeon has no choice but to remove the guidewire and reshape the tip by hand, a poorly controlled procedure. This results in increased infection and artery puncture risk for the patient, longer surgery duration (by 30 minutes) and higher costs.

A total of 232’000 neuro-endovascular procedures are carried out in the US and EU to prevent and treat haemorrhagic and ischemic strokes. This represents a directly addressable market of €390M for SmartGUIDE. This market is a rapidly expanding sector with an estimated CAGR of 8.6% (2016 – 2021).

Artiria Medical is a Swiss Spin-off from the EPFL founded in 2017 with the vision to bring disruptive minimally invasive technologies to physicians in order to decrease Stroke mortality and improve the patient’s quality of life. Our first product SmartGUIDE, is the next generation guidewire which comprises a unique remotely-shapeable tip, developed in collaboration with renowned specialists in the field of interventional neuroradiology. This patented innovation allows the surgeon to deflect in real-time, using a manipulator handle, the device head while navigating through brain arteries, making it easy to use with no training required.

SmartGUIDE thus saves 30 minutes per surgery. Saving time translates to a direct improvement of patient recovery. SmartGUIDE replaces on average 2 devices for each procedure, thus reducing the overall surgery cost by €1,200 and is fully compatible with existing endovascular devices.

Artiria is expected to generate 35 new jobs, annual revenue of €29.32M and cummulative profit of €18.32 by the 5th year of commercialization with a ROI of 7.4. Breakeven will be achieved by the 3rd year of commercialization.

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

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