Bypassing open heart surgery with Excimer Laser Assisted Non Occlusive Anastomosis (ELANA®)

AMT Medical aims to revolutionize coronary artery disease treatment by developing a minimally invasive, cost-effective CABG surgery using innovative ELANA technology, seeking $7.5M for clinical validation and market entry.

Subsidie
€ 2.497.469
2022

Projectdetails

Introduction

We will revolutionise the medical field by replacing expensive, invasive and high-risk open-heart surgery with keyhole minimally invasive surgery (MIS) to treat coronary artery disease (CAD).

Technology Overview

Our ELANA technology enables reproducible coronary artery bypass grafting (CABG) surgery without the need for heart arrest and suturing, thus avoiding the need to open the patient's chest. This is realised with an innovative clip which circumvents the need for suturing of blood vessels altogether.

Benefits of ELANA

By realising closed-chest CABG, ELANA reduces not only the risks associated with traditional CABG, such as:

  • Bleeding
  • Stroke
  • Wound infection

But also significantly shortens recovery times. As a result, ELANA will reduce direct healthcare costs of CABG procedures by over 50%.

Funding Requirements

To critically de-risk our technological development and accelerate market entry to 2025, AMT Medical seeks a total of 7.5M funding:

  1. 2.5M grant
  2. 5M equity

This funding will be used to finalise clinical validation and gain market approval.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.497.469
Totale projectbegroting€ 3.614.062

Tijdlijn

Startdatum1-10-2022
Einddatum30-9-2025
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • AMT MEDICAL RESEARCH BVpenvoerder
  • AMT Medical BV

Land(en)

Netherlands

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