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AITEP SIGNED

Accurate Intravenous Therapy for Every Patient

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 AITEP project word cloud

Explore the words cloud of the AITEP project. It provides you a very rough idea of what is the project "AITEP" about.

emergencies    oulu    expensive    algorithms    engineers    catheter    strategy    pumps    estimates    introduce    experts    medications    interface    treatment    patients    accuracy    calculation    reached    prototype    monitored    market    everyday    finalize    uk    microsoft    technological    nokia    touch    commercialize    doctors    wireless    patented    2022    hospital    sme    denmark    form    monitoring    59    finland    30meur    administration    accurate    medical    validated    companies    days    beam    ipr    connectivity    uses    manually    generate    balanced    additional    staff    conduct    trl7    administered    complications    broadcom    revenues    workload    reducing    tested    visually    intravenous    fluids    italy    length    feasibility    light    excellence    business    first    90    solution    monidor    company    red    stay    infra    university    hospitalised    procedure    bed    drop    device    screen    infusion    therapy    lower    team    complicated    plan    finnish    suitable    needle   

Project "AITEP" data sheet

The following table provides information about the project.

Coordinator
MONIDOR OY 

Organization address
address: ELEKTRONIIKKATIE 3
city: OULU
postcode: 90590
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website https://monidor.com/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT))
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2016-2017
 Funding Scheme SME-1
 Starting year 2017
 Duration (year-month-day) from 2017-12-01   to  2018-05-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    MONIDOR OY FI (OULU) coordinator 50˙000.00

Map

 Project objective

Intravenous (IV) therapy involves administration of fluids or medications through a needle or a catheter and it is administered to over 90% of hospitalised patients. Although a simple procedure, a balanced IV therapy has a significant impact by reducing the number of complications by 59% and the length of hospital stay by 3.4 days. Currently the everyday IV treatment is administered manually and monitored visually as the infusion pumps that offer accurate treatment monitoring are very expensive and complicated to use, making them suitable only for emergencies. A Finnish SME, Monidor, has developed high-accuracy IV infusion monitoring device based on patented technology that uses infra-red light beam drop calculation and specific measurement algorithms. This allows to offer state-of-the-art accuracy in a simple and cost effective form bringing balanced IV therapy to every bed in the hospital. Additional features such as touch-screen interface and wireless connectivity will help to lower the associated workload for the medical staff. Monidor has been developing the technology for the past two years and has reached a prototype device currently defined at TRL7. The technological excellence has been tested with Oulu University Hospital and user needs studies have been conducted with medical staff in Finland, UK, Italy and Denmark. The company has a strong team of 8 experts including doctors and engineers with experience in R&D and business development from companies such as Nokia, Microsoft and Broadcom. Monidor is now looking to conduct the feasibility studies in order to finalize the development process and introduce the novel solution to the market. As a result of the proposed project Monidor will have a validated technology development plan, IPR strategy for EU-wide technology exploitation and a detailed business plan to commercialize the technology. According to the first estimates the company has the potential to generate revenues of more than 30MEUR by 2022.

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The information about "AITEP" are provided by the European Opendata Portal: CORDIS opendata.

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