{"id":61976,"date":"2020-07-06T13:03:00","date_gmt":"2020-07-06T11:03:00","guid":{"rendered":"https:\/\/cms.munich-startup.net\/?p=61976"},"modified":"2020-07-09T09:37:08","modified_gmt":"2020-07-09T07:37:08","slug":"advitos-receives-european-corona-funding","status":"publish","type":"post","link":"https:\/\/cms.munich-startup.net\/en\/61976\/advitos-receives-european-corona-funding\/","title":{"rendered":"Advitos receives European Corona funding"},"content":{"rendered":"<div class=\"entry-content\">\n<p>The patented, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.advitos.com\/\" target=\"_blank\">medical devices<\/a> Advitos&#039;s treatments can support three organs simultaneously\u2014liver, lungs, and kidneys. The procedure also regulates the pH balance of the blood. This can also benefit COVID-19 patients, as PD Dr. med. <strong>Bernhard Kreymann<\/strong>, nephrologist and inventor of the technology, explains:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;Most people who die from COVID-19 are of a certain age and ultimately suffer from multiple organ failure (MOF). Simply put, these patients&#039; kidneys, heart, liver, and lungs are malfunctioning, adding severe pathology to the respiratory failure caused by the coronavirus. To help these patients, it makes sense to use a device capable of treating all of these organs simultaneously to achieve better outcomes.&quot;<\/p><\/blockquote>\n\n\n\n<p>The devices have already been used in twenty hospitals in Germany over the past two years. Treating patients&#039; organs with a single procedure is intended to simplify the tasks and complexity of treatments for doctors and nursing staff.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u201cEnormous talent and groundbreaking ideas\u201d<\/h2>\n\n\n\n<p>For the promotion of <a href=\"\/en\/day\/european-innovation-council\/\">EIC<\/a> Almost 4,000 startups and small businesses applied. Of these, over 1,400 focused on testing, treatment, and prevention of the coronavirus. After virtual interviews with selected applicants, 36 companies were selected to receive funding to further combat the coronavirus. Advitos is one of only four selected companies from Germany. The EIC has a total of \u20ac314 million in funding, of which \u20ac174 million will be provided in the form of equity investments. Since its launch in mid-2019, the EIC&#039;s Accelerator Pilot Project has offered the option of direct equity investments of up to \u20ac15 million, in addition to support through grants of up to \u20ac2.5 million.<\/p>\n\n\n\n<p><strong>Mariya Gabriel<\/strong>, Commissioner for Innovation, Research, Culture, Education and Youth, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;The tremendous talent and groundbreaking ideas of innovative European companies give us hope. By increasing our support for the European Innovation Council, we are unlocking their potential and can thus better address the coronavirus and support Europe&#039;s recovery. The EIC has responded swiftly to the coronavirus crisis and demonstrated the flexibility and effectiveness of EU funding.&quot;<\/p><\/blockquote>\n\n\n\n<p>Bernard Kreymann is pleased about the support:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>&quot;We are honored and proud to receive the support of the European Innovation Council. The funding we receive will further develop the ADVOS therapy, thus providing the opportunity to further improve the survival chances of Covid-19 patients.&quot;<\/p><\/blockquote>\n\n\n\n<p><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>In the fight against COVID-19, the European Innovation Council (EIC) has called on innovative companies to apply for funding through the EIC Accelerator program. The Munich-based health tech startup Advitos, based in M\u00fcnchner Technologiezentrum (MTZ), has been awarded the grant.<\/p>","protected":false},"author":33,"featured_media":61977,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,5635],"tags":[3986,3985,70],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Advitos erh\u00e4lt europ\u00e4ische Corona-F\u00f6rdermittel - Munich Startup<\/title>\n<meta name=\"description\" content=\"Im Kampf gegen COVID-19 erh\u00e4lt das M\u00fcnchner Healthtech-Startup Advitos eine F\u00f6rderung des Europ\u00e4ischen Innovationsrats (EIC).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cms.munich-startup.net\/en\/61976\/advitos-receives-european-corona-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Advitos erh\u00e4lt europ\u00e4ische Corona-F\u00f6rdermittel - Munich Startup\" \/>\n<meta property=\"og:description\" content=\"Im Kampf gegen COVID-19 erh\u00e4lt das M\u00fcnchner Healthtech-Startup Advitos eine F\u00f6rderung des Europ\u00e4ischen Innovationsrats (EIC).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cms.munich-startup.net\/en\/61976\/advitos-receives-european-corona-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"Munich Startup\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/munichstartup\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-06T11:03:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-09T07:37:08+00:00\" \/>\n<meta name=\"author\" content=\"Maximilian Feigl\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:site\" content=\"@munich_startup\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Maximilian Feigl\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cms.munich-startup.net\/61976\/advitos-erhaelt-europaeische-corona-foerdermittel\/\",\"url\":\"https:\/\/cms.munich-startup.net\/61976\/advitos-erhaelt-europaeische-corona-foerdermittel\/\",\"name\":\"Advitos erh\u00e4lt europ\u00e4ische Corona-F\u00f6rdermittel - 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