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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.

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

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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