ContraBand: the only heart failure medical device that is placed outside the heart

ContraBand is an implantable device designed to restore heart function in CHF patients, aiming for a 2024 launch and generating significant revenue while creating over 95 jobs in Europe.

Subsidie
€ 2.499.999
2022

Projectdetails

Introduction

Worldwide, 26 million people suffer from Congestive Heart Failure (CHF), a chronic condition that worsens with time and leads to staggering healthcare costs and a significant reduction in quality of life.

Project Overview

ContraBand is an implantable device aiming to restore heart function in patients suffering from left ventricle failure.

Benefits of ContraBand

ContraBand's benefits include:

  • Built-in fail-safe for full reversibility of functionality
  • Tremendous ease of use due to its proprietary stent-within-a-stent design and transcatheter delivery system
  • Full clinical flexibility to be compatible with pharmacotherapies and other CHF devices

Development and Launch

In the project, we will finalize clinical development and introduce ContraBand into clinical routines in Europe.

Financial Expectations

We expect to launch ContraBand in 2024, generating:

  1. 15M in revenues in 2025
  2. 60M in revenues in 2026

Job Creation

Before market launch, we will create over 95 jobs at the company in strategic locations in Europe.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 2.499.999
Totale projectbegroting€ 3.850.718

Tijdlijn

Startdatum1-12-2022
Einddatum30-11-2024
Subsidiejaar2022

Partners & Locaties

Projectpartners

  • RESTORE MEDICAL LTDpenvoerder

Land(en)

Israel

Vergelijkbare projecten binnen EIC Accelerator

EIC Accelerator

A revolutionary technology platform for providing life-saving treatment for end-stage heart failure patients

reBEAT is an innovative heart support technology that safely assists both sides of the heart, aiming to improve treatment accessibility and cost-effectiveness for end-stage heart failure patients.

€ 2.499.999
EIC Accelerator

Transcatheter Ventricular Repair Device for treatment of Heart Failure Patients

Cardiac Success aims to develop the V-sling, a transcatheter device to enhance heart function in heart failure patients, through product optimization and pre-clinical testing.

€ 2.500.000
EIC Accelerator

The first heart failure therapy management point-of-care device with multiplex and multimodal sensor

CardioCap is a handheld POC device that uses a finger-prick blood sample to simultaneously assess heart failure severity through four biomarkers, aiming to reduce re-hospitalization and mortality rates by 30%.

€ 2.499.999
EIC Accelerator

Innovative, minimally invasive device to support the natural movement of the heart in heart failure patients

Syntach CS is an innovative implantable device that restores natural heart movement in patients with left ventricular heart failure, enhancing cardiac function through synchronized support.

€ 2.500.000
EIC Accelerator

Saving patients from severe heart failure

The ICOMS FlowMaker® is a novel intracardiac assist device designed to improve the quality of life for severe heart failure patients, aiming for EU market entry by 2026 through clinical trials.

€ 2.500.000

Vergelijkbare projecten uit andere regelingen

ERC Starting...

Implantable sensors and ultrasonic data link with triggered bioresorption for next-gen wireless cardiac monitoring

The 2ND-CHANCE project aims to develop bioresorbable implants for continuous cardiac monitoring post-surgery, reducing rehospitalization risks and eliminating the need for removal surgery.

€ 2.500.000
Mkb-innovati...

Mechanical design concept for Cardiac Recovery Assist Device

CardiacBooster ontwikkelt een veilig mechanisch device voor hartondersteuning bij acuut hartfalen, met focus op haalbaarheid en validatie via testen en samenwerking met derden.

€ 20.000
Mkb-innovati...

CLOBT: Cardiale Levensreddende Ondersteuning Booster Techno

CardiacBooster heeft een innovatief apparaat ontwikkeld dat het hart van binnenuit ondersteunt, met betere resultaten en minder risico's dan bestaande mechanische ondersteuningssystemen voor cardiogene shockpatiënten.

€ 155.376
Mkb-innovati...

HeartGuard: Thuismonitoring van patiënt met hartfalen halveert aantal ziekenhuisopnamen

Dit project ontwikkelt een thuismonitoringsysteem voor hartfalenpatiënten dat met AI-gestuurde data-analyse ziekenhuisopnames met 44% kan verminderen en de zorg efficiënt verbetert.

€ 332.500
EIC Transition

Novel microsensing platform for remote patient monitoring

The FORESEE project aims to advance implantable microstimulators for remote monitoring of chronic heart failure, enhancing patient care and market access for 10.5 million potential users.

€ 2.499.051