SubsidieMeestersBrain Interchange ONE SR—the implantable neuromodulation technology for stroke rehabilitation
CorTec aims to develop innovative implantable technology for stroke rehabilitation, enabling new therapies and devices while targeting market approval and $250M in sales by 2030.
Projectdetails
Introduction
Electrical brain stimulation has been successfully used since the 1990s to treat neurological illnesses, particularly movement disorders. Most of the devices for this novel approach are based on the old pacemaker technology.
Challenges in Development
Companies are unwilling to take device development risks and rely on established technology, limiting new therapy developments. Many neurological diseases are still treated with pharmaceuticals only, which has limited effectiveness and causes severe side effects.
Advancements in Neuromodulation
Neuromodulation and electrical stimulation research has increased in recent decades. Additional recording capabilities and closed-loop therapy expand therapeutic options.
CorTec's Vision
CorTec aims to provide novel implantable technology to overcome the current limitations. This technology enables researchers, medical institutions, and industry to develop new therapies and devices.
Future Plans
We plan to finalize the development of our technology for stroke rehabilitation, conduct clinical trials, and obtain market approval in 2029, generating $250 million in sales by 2030.
Financiële details & Tijdlijn
Financiële details
| Subsidiebedrag | € 2.500.000 |
| Totale projectbegroting | € 3.675.427 |
Tijdlijn
| Startdatum | 1-11-2022 |
| Einddatum | 31-10-2024 |
| Subsidiejaar | 2022 |
Partners & Locaties
Projectpartners
- CORTEC GMBHpenvoerder
Land(en)
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Vergelijkbare projecten uit andere regelingen
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Deep Brain Neuromodulation using Temporal Interference Magnetic StimulationDevelop a non-invasive tool using temporal interference magnetic stimulation for precise modulation of neural activity in the brain, aiming to improve treatment options for brain disorders. | ERC POC | € 150.000 | 2022 | Details |
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Advanced Intelligent stimulation device: HAND movement restorationThe AI-HAND project aims to develop an advanced ASIC-based implanted device with self-adapting electrodes to restore hand movements in quadriplegic patients through innovative nerve stimulation techniques. | EIC Pathfinder | € 2.999.834 | 2023 | Details |
BRAIN-SPINE INTERFACES TO REVERSE UPPER- AND LOWER-LIMB PARALYSIS
Developing fully-implantable brain-spine interfaces to restore movement in individuals with chronic paralysis through advanced neurosensors and neurostimulation systems.
Deep Brain Neuromodulation using Temporal Interference Magnetic Stimulation
Develop a non-invasive tool using temporal interference magnetic stimulation for precise modulation of neural activity in the brain, aiming to improve treatment options for brain disorders.
Bidirectional Brain/Neural-Computer Interaction for Restoration of Mental Health
This project aims to develop a portable neuromodulation system using quantum sensors and magnetic stimulation to precisely target brain oscillations for treating mental health disorders.
Advanced Intelligent stimulation device: HAND movement restoration
The AI-HAND project aims to develop an advanced ASIC-based implanted device with self-adapting electrodes to restore hand movements in quadriplegic patients through innovative nerve stimulation techniques.