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Hydrogel Biodegradable Ureteral Stent

Hydrustent is a biodegradable stent designed to prevent complications and eliminate the need for removal procedures, aiming to improve patient outcomes and reduce healthcare costs significantly.

Subsidie
€ 1.522.762
2023

Projectdetails

Introduction

Hydrumedical S.A. (HYD) team is composed of a urologist and biomaterials scientists that will revolutionize the treatment of ureteral disorders.

Product Overview

Hydrustent is a biodegradable, hydrogel-based, soft, lubricated, and flexible stent. These properties prevent bacterial adhesion (over 80% of the stent-related complications) and encrustation development.

Current Challenges

Nowadays, the application of stents requires a second removal procedure, which is a burden for patients and healthcare systems.

Benefits of Hydrustent

Hydrustent is homogeneously degraded by the urine flow within 7-10 days, eliminating the need for further interventions for its removal.

Health and Economic Impact

  • Hydrustent will bring huge health benefits for patients.
  • It is expected to reduce treatment costs by up to 60%, resulting in savings of approximately 4.3 billion for the health system in the EU and US.

Market Validation and Future Plans

Validated by the urology community, the global Ureteral Stents Market is projected to raise around 604 million by 2030. If the Hydrustent project is successfully implemented, we intend to reach the EU market in 2024 with profits amounting to 25 million, five years after the product launch.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 1.522.762
Totale projectbegroting€ 2.225.375

Tijdlijn

Startdatum1-12-2023
Einddatum30-11-2025
Subsidiejaar2023

Partners & Locaties

Projectpartners

  • HYDRUMEDICAL SApenvoerder

Land(en)

Portugal

Inhoudsopgave

EIC Accelerator

EU-subsidieprogramma voor mkb en start-ups met grants tot €2,5 mln en equity-investeringen tot €15 mln voor baanbrekende innovaties.

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