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LASER-HEAL

A breakthrough laser-based medical device to eradicate bacterial biofilm in chronic wounds and accelerate wound healing.

Total Cost €

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EC-Contrib. €

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Partnership

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 LASER-HEAL project word cloud

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

skin    wound    10m    protecting    standard    tackle    obtaining    acquisition    2017    income    optomechatronics    seek    left    global    showing    human    preliminary    epidemic    bn    2024    solutions    move    revenue    mins    sales    pay    deep    people    invasive    clinics    cumulative    killing    data    exit    contours    backed    intact    first    compatible    solution    rapid    annual    75    cells    lack    biofilms    gt    silent    commercial    time    chronic    software    delivering    12    map    proposition    22    changing    de    truly    introduction    company    heal    abstract    laser    market    39bn    treatment    confidential    72bn    commercialize    million    successful    safe    willingness    antibiofilm    2025    markets    game    manner    29bn    confirm    predicted    consists    regulatory    session    eradicate    fast    preferred    informa    smei    care    generating    total    approval    wounds    recognize    medical    risked    species    bacteria    device    fda   

Project "LASER-HEAL" data sheet

The following table provides information about the project.

Coordinator
VULCUR MEDTECH 

Organization address
address: SONDERVIGVEJ 50
city: VANLOSE
postcode: n.a.
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 Denmark [DK]
 Project website http://vulcur.com/
 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  2019-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    VULCUR MEDTECH DK (VANLOSE) coordinator 50˙000.00

Map

 Project objective

Chronic wounds affect 10M in Europe and 6.4 million people in the US, with annual costs of >€72Bn in Europe and >€22 Bn in the US. It is a silent epidemic. Key to this problem is the lack of truly effective solutions that fully eradicate bacteria-protecting biofilms deep within chronic wounds.

We have a game-changing new solution to tackle this problem: LASER-HEAL. LASER-HEAL is a medical device that consists of 1) a laser-generating unit that can reach deep within wounds; 2) optomechatronics to move the laser in a controlled manner and 3) software to recognize the contours and depth of wounds. LASER-HEAL enables, for the first time, non-invasive, safe, low-cost (€1.000 p/treatment), rapid (30 mins/session, total ~12) treatment, compatible with standard of care. We have preliminary data showing killing of all relevant species of bacteria, while human skin cells are left intact.

We will bring LASER-HEAL to the global wound care management market (€29bn in 2017 expected to reach €39bn by 2024). We will respond to the need of this market by delivering an effective antibiofilm device for chronic wounds. We will commercialize LASER-HEAL through sales to US clinics first, through fast FDA approval and confirm willingness to pay. By 2025, we will demonstrate revenue potential for LASER-HEAL, and seek a commercial exit, through acquisition (preferred) by a major medical device company, who will then bring LASER-HEAL to the European and global markets. Cumulative income of €75 million is predicted for LASER-HEAL by 2025 during this phase.

We have a unique proposition, backed by preliminary results and the interest of a major wound care company (confidential for this abstract). We want to undertake a detailed study to map successful market introduction for LASER-HEAL. Funding from SMEi Phase can support us with obtaining crucial market, regulatory and de-risked development informa

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The information about "LASER-HEAL" are provided by the European Opendata Portal: CORDIS opendata.

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