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AITEP SIGNED

Accurate Intravenous Therapy for Every Patient

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

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.

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

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 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.	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.