Kick-OFF meeting
Promoting overall health and well-being through innovative research and solutions.
Focusing on the needs and preferences of patients to improve their healthcare experience.
Expanding access to effective treatments for a broader population, ensuring equitable healthcare for all.
The impact of traumatic knee injuries is profound and far-reaching. Each year, two million traumatic injuries to the soft tissue in joints (cartilage) occur. Of these, 50% of severe cases lead to Post-Traumatic Osteoarthritis (PTOA) within a decade. Traumatic injuries account for 12% of all osteoarthritis cases, significantly affecting the quality of life. Notably, women represent 62% of total joint arthroplasties, highlighting a strong gender bias in osteoarthritis development.
Related Goals: To address these challenges, our efforts align with several key objectives:
The economic impact of Osteo Arthritis is substantial. In Europe, costs are estimated at €76 billion annually due to treatment, rehabilitation, and productivity loss.
Each knee replacement surgery costs €12,000 on average, plus post-operative expenses. Additionally, 50% of younger patients (under 50 years) require revision surgeries, which doubles healthcare costs.
To mitigate these impacts, LUMINATE introduces several groundbreaking approaches:
This technique eliminates the need for multiple surgeries, reducing hospital stays and rehabilitation expenses.
By stopping OC injuries from worsening, LUMINATE significantly cuts long-term treatment costs.
Patients avoid expensive implant replacements, particularly younger individuals who face multiple interventions in their lifetime.
By enabling quicker recovery, patients experience less productivity loss, reducing the economic impact on employers and national healthcare systems.