Summary
The progressive ageing of the population is coming accompanied by a long list of chronic conditions. Among them is the loss
of bone density, a natural process that begins after the age of 30. The risk of fracture grows proportionally to the disruption
of the bone architecture, advancing from minor osteopenia to severe osteoporosis, which is a global public health concern
that affects today 200 million people. In the EU, the costs derived from osteoporotic fractures reach today €37billion.
Although the reason for bone loss in the adult age is poorly understood, it is believed to be due to a lower capability to
absorb minerals from our diet. Thus, in the adult age clinicians recommend the intake of mineral supplements to cover for
the dietary insufficiency. Although most bone health supplements are based on calcium, it is the mineral silica the one with
higher impact on bone mineralization. Despite its recognized effects on bone and connective tissue, its market uptake has
been long hindered due to the low concentration, low bio-availability, inadequate presentation and poor absorption rates of
current supplement products. In response, we at geoSilica have developed geoBone, a silica-rich drinkable supplement that
offers this mineral in high concentrations and in the highest bio-absorbable form. Its properties result from our unique
production method, which purifies silica from the mineral rich water byproducts of geothermal power plants. After validating
the concept and production sustainability, this project aims to take geoBone to market readiness by finalising its
development & industrialising its production process. The Feasibility Study planned in Phase 1 will serve to warrant the
project from all technical, commercial & financial standpoints. Besides bringing huge benefits for society, healthcare and
environment, geoBone will secure the growth of our company. In 5 years from market launch we expect to hire 11 new
people and gain €10 million in profit (ROI 8.2)
of bone density, a natural process that begins after the age of 30. The risk of fracture grows proportionally to the disruption
of the bone architecture, advancing from minor osteopenia to severe osteoporosis, which is a global public health concern
that affects today 200 million people. In the EU, the costs derived from osteoporotic fractures reach today €37billion.
Although the reason for bone loss in the adult age is poorly understood, it is believed to be due to a lower capability to
absorb minerals from our diet. Thus, in the adult age clinicians recommend the intake of mineral supplements to cover for
the dietary insufficiency. Although most bone health supplements are based on calcium, it is the mineral silica the one with
higher impact on bone mineralization. Despite its recognized effects on bone and connective tissue, its market uptake has
been long hindered due to the low concentration, low bio-availability, inadequate presentation and poor absorption rates of
current supplement products. In response, we at geoSilica have developed geoBone, a silica-rich drinkable supplement that
offers this mineral in high concentrations and in the highest bio-absorbable form. Its properties result from our unique
production method, which purifies silica from the mineral rich water byproducts of geothermal power plants. After validating
the concept and production sustainability, this project aims to take geoBone to market readiness by finalising its
development & industrialising its production process. The Feasibility Study planned in Phase 1 will serve to warrant the
project from all technical, commercial & financial standpoints. Besides bringing huge benefits for society, healthcare and
environment, geoBone will secure the growth of our company. In 5 years from market launch we expect to hire 11 new
people and gain €10 million in profit (ROI 8.2)
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More information & hyperlinks
| Web resources: | https://cordis.europa.eu/project/id/807212 |
| Start date: | 01-02-2018 |
| End date: | 31-05-2018 |
| Total budget - Public funding: | 71 429,00 Euro - 50 000,00 Euro |
Cordis data
Original description
The progressive ageing of the population is coming accompanied by a long list of chronic conditions. Among them is the lossof bone density, a natural process that begins after the age of 30. The risk of fracture grows proportionally to the disruption
of the bone architecture, advancing from minor osteopenia to severe osteoporosis, which is a global public health concern
that affects today 200 million people. In the EU, the costs derived from osteoporotic fractures reach today €37billion.
Although the reason for bone loss in the adult age is poorly understood, it is believed to be due to a lower capability to
absorb minerals from our diet. Thus, in the adult age clinicians recommend the intake of mineral supplements to cover for
the dietary insufficiency. Although most bone health supplements are based on calcium, it is the mineral silica the one with
higher impact on bone mineralization. Despite its recognized effects on bone and connective tissue, its market uptake has
been long hindered due to the low concentration, low bio-availability, inadequate presentation and poor absorption rates of
current supplement products. In response, we at geoSilica have developed geoBone, a silica-rich drinkable supplement that
offers this mineral in high concentrations and in the highest bio-absorbable form. Its properties result from our unique
production method, which purifies silica from the mineral rich water byproducts of geothermal power plants. After validating
the concept and production sustainability, this project aims to take geoBone to market readiness by finalising its
development & industrialising its production process. The Feasibility Study planned in Phase 1 will serve to warrant the
project from all technical, commercial & financial standpoints. Besides bringing huge benefits for society, healthcare and
environment, geoBone will secure the growth of our company. In 5 years from market launch we expect to hire 11 new
people and gain €10 million in profit (ROI 8.2)
Status
CLOSEDCall topic
SMEInst-07-2016-2017Update Date
27-10-2022
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H2020-EU.3.2. SOCIETAL CHALLENGES - Food security, sustainable agriculture and forestry, marine, maritime and inland water research, and the bioeconomy
H2020-EU.3.2.4. Sustainable and competitive bio-based industries and supporting the development of a European bioeconomy
