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CVTVT SIGNED

A Non-Surgical Treatment to Restore Heart Valve Function

Total Cost €

EC-Contrib. €

Partnership

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CVTVT project word cloud

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

tricuspid lives mission reduce cardiologist company 5bn marketing expand leader valve medical invented clinical small disease ce cro vein manufacturing expert innovative croi engineers solution private function efficacy death invasive grant physicians successful receive treatment commercialisation smei trials restoring alongside certain sales position risky right hospitalisations gt record lt 1 approval biomedical 550 option complete delivered transform sme track patenting refined securing team heart safe market surgery data iacute uniquely patients highlighting straightforward annually treating safety risks innovation tr device infrastructure mark forgotten surgical

Project "CVTVT" data sheet

The following table provides information about the project.

Coordinator	CROIVALVE LIMITED Organization address address: UNIT A GF, THE LIFFEY TRUST CENTRE, 117-125 UPPER SHERIFF STREET city: DUBLIN postcode: D01 Y0E7 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	Ireland [IE]
Total cost	3˙735˙170 €
EC max contribution	2˙494˙970 € (67%)
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-2018-2020-2
Funding Scheme	SME-2
Starting year	2019
Duration (year-month-day)	from 2019-10-01 to 2021-09-30

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	CROIVALVE LIMITED CROIVALVE LIMITED Organization address address: UNIT A GF, THE LIFFEY TRUST CENTRE, 117-125 UPPER SHERIFF STREET city: DUBLIN postcode: D01 Y0E7 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.	IE (DUBLIN)	coordinator	2˙494˙970.00

Map

Project objective

'CroíValve is an innovative SME with the mission to lead the treatment of tricuspid valve disease and transform the lives of patients who currently face certain death.

In the US and EU, 550,000 patients present with tricuspid valve disease annually. Current treatment involves highly invasive, risky open-heart surgery and <1% receive this due to the risks involved. Recent clinical data is highlighting that the 'forgotten tricuspid valve' must be treated.

CroíValve has developed a non-invasive device uniquely tailored to the challenges of the tricuspid valve. It is a small device that is delivered through a vein into the right heart, restoring the function of the tricuspid valve. Invented by a leading cardiologist, and refined by expert biomedical engineers, CroiÌValve’s is a non-surgical, safe, effective, easy to use solution for treating all patients with TR. It will transform patients’ lives, provide physicians a safe and straightforward treatment option and reduce the hospitalisations.

There is a significant market potential of > €2.5Bn/year. With H2020 SMEi funding, this Phase 2 Innovation Proposal will support the activities necessary to complete clinical trials and demonstrate safety and efficacy for CE Mark approval. Securing this grant, alongside private funding, will enable the company to expand its manufacturing capabilities, build up its sales and marketing infrastructure. CroíValve’s management team have a successful track record in the development, patenting and commercialisation of medical devices who can position the company as a leader in the treatment of tricuspid valve disease.'

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