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A Catalan SME developing advanced medical devices and therapies for the treatment of disorders of the cardiovascular system is seeking startups with new solutions and ideas for vascular therapies for technical cooperation agreements. This request is part of an open innovation challenge.
The Catalan medical device company has the aim to develop advanced medical devices and therapies for the treatment of cardiovascular system disorders.
The company has an extensive knowledge of biopolymers, coatings, drug delivery, mechanical engineering, medicine and pharmacy, and has implemented a project surrounding the vertical integration of design, development, and manufacturing of cardiovascular devices. This means they are able to complete the whole process from basic raw materials (drugs, polymers and metals) to the final product.
With the goal to improve its products and add new projects to the pipeline, the SME has launched a competition.
It is addressed to established companies, mainly startups.
The Catalan SME is looking for proposals, approaches, solutions and ideas for vascular therapies such as:
-Medical devices for the treatment of vascular disorders
-Drug delivery systems for local treatments
-Replacement of open surgery with minimally invasive procedures
The project status must be TRL>3 and the organization must have a project leader (who may or may not be the CEO of the company) but who has exclusive dedication to the project.
The award for the winner of the contest consists of:
1) Cash prize of 8.000 €.
2) Tailored Mentoring program from the company’s top executives.
The SME envisages a future collaboration with the award-winning company under technical cooperation agreements to develop a prototype or the assessment on the product development, manufacturing and regulatory, among others. License agreements, investment or joint-venture agreements could also be considered.
This technology request is an innovation challenge and is published on an open innovation platform until 30/08/2019. If an organization does express interest before that date, it will be guided towards this open innovation platform to apply directly.
Once the challenge is closed, expressions of interest for this technology request will be treated in the traditional way.
The SME is looking for technologies at least in a proof of concept stage in vascular diseases arena. These technologies could be medical devices for the treatment of vascular diseases, drug delivery systems for local treatments or new minimally invasive procedures to replace open surgeries.
The project status must be TRL>3. Proof of concept: key component concepts must have been validated in models and the value proposition must be articulated
The challenge is open to companies, mainly startups, with technologies in a proof of concept stage. These technologies could be medical devices for the treatment of vascular diseases, drug delivery systems for local treatments or new minimally invasive procedures to replace open surgeries.
After the mentoring, a technical cooperation agreement is envisaged for the development of a prototype or the assessment on the product development, manufacturing and regulatory. Other cooperation types will be also considered.