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PLUGandFLOW SIGNED

VessConnect “Plug Flow” innovative technology providing patients a safer, more effective and less costly procedure for vascular anastomosis

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 PLUGandFLOW project word cloud

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

2021    bio    curve    business    microsurgery    plugandflow    vascular    estimate    health    2019    engineer    innovation    techniques    device    proceeding    margin    proposal    perform    costly    start    surgery    probabilities    memory    markets    easier    appeared    pct    dangers    lack    transplants    solicited    solution    organ    stent    patients    efficient    share    reduce    title    trl6    abstract    ease    innovative    blood    reconstruction    microsutures    gain    learning    procedure    prototyped    shape    private    polymers    absorbable    improvement    performed    last    keywords    mid    surg    surgeons    material    flow    270    vessconnect    materials    surgical    time    technically    vascu    medical    relies    safer    revenues    spread    designed    patent    union    though    company    efficiency    plug    vessels    45    77    healthcare    consuming    consultant    free    market    launch    microvascular    founded    acronym    reliability    ends    generating    ebitda    none    18m    nitinol    suturing    anastomosis   

Project "PLUGandFLOW" data sheet

The following table provides information about the project.

Coordinator		 SURG SOLUTIONS SL 

Organization address
address: AVENIDA MADRID 139 PLANTA 7 PUERTA 2
city: BARCELONA
postcode: 8028
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 Spain [ES]
 Project website http://www.vessconnect.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.5. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced manufacturing and processing)
2. H2020-EU.2.1.3. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Advanced materials)
3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
4. H2020-EU.2.1.2. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies – Nanotechnologies)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-12-01   to  2018-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SURG SOLUTIONS SL ES (BARCELONA) coordinator 50˙000.00

Map

 Project objective

Proposal title* VessConnect “Plug & Flow” innovative technology providing every year to 270.000 European patients a safer, more effective and less costly procedure for vascular anastomosis.

ACRONYM:

PLUGandFLOW

Free keywords vascular anastomosis, microvascular anastomosis, microsurgery, NiTiNol, advanced materials, bio-absorbable Shape Memory Polymers, Advanced Material Innovation applied to surgical device, microsurgery.

Abstract: Vascular anastomosis, the surgical union of two blood vessels, has been technically performed in the same way for the last 100 years: suturing both ends of the vessels with microsutures. Even though several devices have appeared to ease the proceeding, none of them could improve traditional techniques. The result is a time-consuming procedure, with a long learning curve, which is not widely spread in private health systems because of its dangers and lack of efficiency and reliability. Surg Solution’s, is a start-up company founded by two surgeons, one bio-medical engineer and a business consultant, that has designed, prototyped and solicited a PCT patent for a device, VessConnect, that will reduce costs and probabilities of failure in anastomosis procedures. The product, a stent-like device, relies on the shape-memory characteristics of NiTiNol. Vascular anastomosis is a widely spread surgical procedure used in organ transplants and general reconstruction surgery, among others. Vessconnect has the potential to impact on the health improvement of the 270.000 European patients that we estimate need a surgery involving an anastomosis every year. Surg Solution aims to gain with VessConnect, 45% market-share of microvascular anastomosis in top European Markets in 5 years, generating €18M on revenues by 2021 with a 77% EBITDA margin. VessConnect is at TRL6. We aim to launch the product by mid 2019, bringing to patients a safer surgery, to surgeons an easier procedure and to the healthcare system a more efficient solution to perform vascu

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

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