Brain 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 Device 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.
Advances in Neuromodulation
Neuromodulation and electrical stimulation research have 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. This is expected to generate $250M 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)
Vergelijkbare projecten binnen EIC Accelerator
Project | Regeling | Bedrag | Jaar | Actie |
---|---|---|---|---|
Engineering Graphene for developing Neural Interfaces to revolutionize how we treat neurological diseasesINBRAIN Neuroelectronics is developing AI-powered graphene-based neural implants to enhance resolution and specificity in neuroelectronic therapies for refractory neurological disorders. | EIC Accelerator | € 2.493.750 | 2023 | Details |
Engineering Graphene for developing Neural Interfaces to revolutionize how we treat neurological diseases
INBRAIN Neuroelectronics is developing AI-powered graphene-based neural implants to enhance resolution and specificity in neuroelectronic therapies for refractory neurological disorders.
Vergelijkbare projecten uit andere regelingen
Project | Regeling | Bedrag | Jaar | Actie |
---|---|---|---|---|
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 Proof of... | € 150.000 | 2022 | Details |
Bidirectional neuromuscular interface based on associative plasticity for stroke therapy during activities of daily livingThe neubond device offers autonomous, wearable therapy for stroke recovery, enhancing motor function and neuroplasticity through real-time muscle stimulation during daily activities. | ERC Proof of... | € 150.000 | 2025 | Details |
MagnetoElectric and Ultrasonic Technology for Advanced BRAIN modulationMETA-BRAIN aims to develop non-invasive, precise control of brain activity using magnetoelectric nanoarchitectures and ultrasonic technologies, enhancing treatment for neurological disorders. | EIC Pathfinder | € 2.987.655 | 2024 | Details |
BRAIN-SPINE INTERFACES TO REVERSE UPPER- AND LOWER-LIMB PARALYSISDeveloping fully-implantable brain-spine interfaces to restore movement in individuals with chronic paralysis through advanced neurosensors and neurostimulation systems. | EIC Transition | € 2.490.802 | 2022 | Details |
Mapping the brain-spinal cord interaction towards understanding and treatment of movement disordersMove2Treat aims to develop a novel bi-directional brain-spinal cord interface to enhance understanding and treatment of movement disorders through advanced neuronal circuit mapping. | EIC Pathfinder | € 2.996.048 | 2024 | Details |
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 neuromuscular interface based on associative plasticity for stroke therapy during activities of daily living
The neubond device offers autonomous, wearable therapy for stroke recovery, enhancing motor function and neuroplasticity through real-time muscle stimulation during daily activities.
MagnetoElectric and Ultrasonic Technology for Advanced BRAIN modulation
META-BRAIN aims to develop non-invasive, precise control of brain activity using magnetoelectric nanoarchitectures and ultrasonic technologies, enhancing treatment for neurological disorders.
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.
Mapping the brain-spinal cord interaction towards understanding and treatment of movement disorders
Move2Treat aims to develop a novel bi-directional brain-spinal cord interface to enhance understanding and treatment of movement disorders through advanced neuronal circuit mapping.