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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.

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

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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