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DIH Hero TTE project – successfully completed

Digital Innovation Hub Healthcare Robotics is an independent and sustainable platform for all those who are active in the healthcare ecosystem.

The DIH HERO TTE successfully completed project enabled Inovatyvi Medicina to adopt Sentante to be used in fully robotic embolotherapy procedures. Procedure controls, interfaces, disposable components single-use cassette and preloading system was developed in this project and tested in an animal study. The successful implementation of the project enabled robotic embolotherapy procedures and opened up a new market niche for the company and its partners.

The primary target market of Sentante system is more than 3.000 cath labs performing endovascular procedures in the EU (more than 200 000 endovascular embolization procedures annually in the EU). Using the “razor and blade” revenue model and continuous revenue stream from sterile disposable components per embolotherapy procedure the company expects to quickly scale up its sales in the EU aiming for expansion to US and Worldwide markets with total market potential exceeding €4 billion.

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European Innovation Council announces new wave of start-up champions

The European Commission’s European Innovation Council has selected 65 innovative start-ups and SMEs to receive €363 million of funding for breakthrough innovations. The EIC Accelerator is a unique European funding instrument of the European Innovation Council. It supports the development of top-class innovations through crowding-in private investors and offers a portfolio of services to support their scaling-up.

„It is a great honor to be among selected companies“ said our CEO Edvardas Satkauskas.

The European Innovation Council (EIC) was established by the European Commission in 2021 following a 3 years successful pilot phase. It has a mission to identify, develop and scale up breakthrough technologies and disruptive innovation. It has a budget of over €10 billion for the period 2021-2027.

The funding and support is organised into three main funding schemes covering all technology readiness levels: EIC Pathfinder for advanced research to develop the scientific basis to underpin breakthrough technologies; EIC Transition to validate technologies and develop business plans for specific applications; and the EIC Accelerator to support companies (SMEs, start-ups, spin-outs and in exceptional cases small mid-caps) to bring their innovations to market and scale up. The Accelerator provides a combination of grant support and direct equity investments in companies through a dedicated EIC Fund, which also provides a platform for co-investments with other investors.

For all schemes, the direct financial support is augmented with access to a range of Business Acceleration Services.

The strategy and implementation of the EIC is overseen by the EIC Board of twenty individuals from the innovation ecosystem (academia, business, investment, ecosystem builders). The EIC also employs dedicated Programme Managers with high level expertise in their fields, to set the challenges and proactively manage portfolios of projects towards technological breakthroughs.

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VEITHsymposium 2021, Orlando, Florida

VEITHsymposium provides vascular surgeons, interventional radiologists, interventional cardiologists and other vascular specialists with a unique and exciting format to learn the most current information about what is new and important in the treatment of vascular disease.

The 5-day event features rapid-fire presentations from world renowned vascular specialists with emphasis on the latest advances, changing concepts in diagnosis and management, pressing controversies and new techniques.

Tomas Baltrunas had an opportunity to present Sentante’s mision – to bring to the market the world’s first fully-robotic system for endovascular interventions.

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Visit from the Minister of the Economy and Innovation

On September 2021, the Minister of the Economy and Innovation of the Republic of Lithuania Aušrinė Armonaitė visited the office of Inovatyvi Medicina. We had the immense pleasure of presenting to her our endovascular robot Sentante, which for the first time ever enables fully remote endovascular procedures.

We are grateful to have had the opportunity to share with her our success and welcome her to visit again as we continue to grow.

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Perry Van Rijsingen joins the Board of Inovatyvi Medicina

We have had the absolute honor and pleasure of welcoming Perry Van Rijsingen to the Board of Inovatyvi Medicina.
Perry Van Rijsingen studied Biomedical Physics at the University of Eindhoven, after which he joined the multinational conglomerate company, Philips. In his thirty-year tenure at Philips, he had the bottom-line end responsibility as a CEO for two large lines of business, amongst other roles such as in General X-ray for a period of five years. Following these roles, he continued on as the CEO reporting directly to the Philips Board of Management where he established and led for a period over ten years, Philips Corporate Venturing in Healthcare, which invested in in-house start-ups, external start-ups, as well as Venture Capital.
In 2015, he founded his own advisory company “21st Centry Business Growth Advisors” in which he supports start-ups and scale-ups as an adviser, independent board member, business coach, and interim CEO.
We graciously thank Perry Van Rijsingen for his support of Inovatyvi Medicina as a Board Member beginning August 2nd, 2021.

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Presenting Sentante to LINC 2021 attendees

LINC, the LEIPZIG INTERVENTIONAL COURSE is strongly committed to contribute to a systematic scientific evaluation and interdisciplinary discussion of new methods in the field of vascular medicine, allowing conclusions for daily interventional practice.

LINC is an interdisciplinary live course, designed to provide a global platform, permitting the discussion of the „vascular patients“.

Tomas Baltrunas had an opportunity to share our success story for conference attendees and to present Sentante to colleagues of different specialties from around the world who are performing endovascular interventions.

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Life Sciences Xmas 2020: Trends & Spells

Have you ever wondered how the future of the life sciences will look like? Planning to innovate? Curious about future predictions?  Edvardas Satkauskas shared his insights about Med-Tech miracles and life sciences trends together with inspiring world-renowned speakers prof. Ed Boyden, Arto Pesola and Nicklas Bergman.

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Inovatyvi Medicina mentioned by European Commission

We have had the great privilege to have been mentioned by the European Commision, which took note of our multidisciplinary team and work here at Inovatyvi Medicina. This article interviewed our CEO, vascular surgeon, and founder of Inovatyvi Medicina, Tomas Baltrūnas, as he introduced the dire clinical need for remote interventions for those working in his field. In this article, we introduced our first fully-robotic teleoperated system for endovascular interventions – Sentante, which at the time was called HAPGuide. We are grateful to the European Commision for their mention of our “smart and sensing robotic system for endovascular interventions with haptic feedback” and welcome all to follow our continued journey of advancing our work on this breakthrough technology.

You may click here to find the full publication.