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KOALA FOCUS SIGNED

KOALA FOCUS: A disruptive e-health approach to treat at home, attention deficits without drugs

Total Cost €

EC-Contrib. €

Partnership

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KOALA FOCUS project word cloud

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

thanks breakthrough home artificial adhd refusal therapeutic cagr gold first 21 precise rate trials business standard innovation mainly total treatment 2024 cap version once drugs children hardware medicated adverse deficits hyperactivity accumulate 5 profit prototype buy regular clinical validated good 20 practices drug 120 worth sales employees disorder neurological deficit disruptive diagnosed platform intelligence appropriate revenues rejection invasive health 50 secured individuals addressable treat model earning pay hiring patient medication societal techniques affordable combination mensia age medical koala treating device accounting disorders attention capturing market prescribers types trl6 adults neurofeedback roi revolutionary 36m monitoring session whatever 2 digital ehealth

Project "KOALA FOCUS" data sheet

The following table provides information about the project.

Coordinator	MENSIA TECHNOLOGIES Organization address address: PLACE DU GRANIER city: CHANTEPIE postcode: 35571 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	France [FR]
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 2019-08-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	MENSIA TECHNOLOGIES MENSIA TECHNOLOGIES Organization address address: PLACE DU GRANIER city: CHANTEPIE postcode: 35571 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.	FR (CHANTEPIE)	coordinator	50˙000.00

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Project objective

Attention Deficit with/without Hyperactivity Disorders (ADHD) is a neurological disorder with a high societal impact: 2.5 M children are diagnosed, and 2-5 M Adults in Europe are non-diagnosed. 50% children are not medicated mainly due to drug refusal and high rate under medication face adverse effects and treatment rejection. Mensia has developed a revolutionary prototype, Mensia KOALA, to treat ADHD by means of neurofeedback at home and without drugs, using Artificial Intelligence techniques. Our new prototype version “KOALA Focus” aims to be the first affordable Gold Standard Medical Device for Precise Medical Neurofeedback friendly used at home, whatever the patient's age. Our prototype, currently at TRL6, is a breakthrough innovation thanks to disruptive combination: at home evidence based medical neurofeedback technology, the first reliable non-invasive and precise e-Health Digital Therapeutic, monitoring and treating various types of ATTENTION DEFICITS. Our business model is based on buy hardware cap via secured eHealth Mensia platform and pay per at home session. The ADHD therapeutic market is estimated to reach €21.5 B by 2024 growing at a CAGR of 6.2%. TOTAL ATTENTION DEFICIT market in Europe worth 5 M individuals. KOALA Focus, once validated by the appropriate clinical trials, can achieve up to 50% of regular prescribers from this addressable market in the EU. Mensia aim to set up a Gold Standard of Good Clinical Practices for Precise Medical Neurofeedback at home, capturing 20% (1 M individuals) of this addressable market: 2,5 M children EU 2,5 M adults. We estimated that in 5 years (end of Phase 2 project), we will accumulate ~€120 M of Revenues at 40€ /session, accounting for ~5% of the EU market, earning ~€36M profit (ROI of 5.7), while hiring 60 new technical and sales employees.

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