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MOBIUS SIGNED

MØBIUS: Transforming medication management for improved patient safety

Total Cost €

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EC-Contrib. €

0

Partnership

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 MOBIUS project word cloud

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

services    20    prescriptions    22    business    platform    data    expenditures    improvement    integrates    countries    proposition    integration    entire    reduces    sufficient    first    accountability    award    automated    roi    dramatically    plan    pharmaceuticals    manual    improves    thula    medication    waste    inst    mission    implementable    companies    patient    drug    software    automation    submission    2021    entry    removes    jobs    winning    seal    eliminating    finalizing    oecd    iceland    saves    facilities    brings    transform    packaging    medicine    safety       class    logistics    unused    q1    excellence    intends    designed    wasting    oslash    flow    realistic    exchange    linking    cumulative    pharmacies    bius    hospital    time    solutions    commercialization    electronic    dispensing    dispensation    enhanced    search    stock    investment    company    integrating    validating    sme    drugs    robots    security    strategy    generate    ensures    inefficiencies    healthcare    commercial    market    medicines    95    13    solution    prescription    traceability    health    loops    errors    fraction   

Project "MOBIUS" data sheet

The following table provides information about the project.

Coordinator
THULA-NORRAENT HUGVIT EHF 

Organization address
address: GLERARGOTU 28
city: AKUREYRI
postcode: 600
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 Iceland [IS]
 Project website http://thula.is
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-05-01   to  2018-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    THULA-NORRAENT HUGVIT EHF IS (AKUREYRI) coordinator 50˙000.00

Map

 Project objective

Thula is an award-winning IT company based in Iceland with the mission of providing first class e-health solutions for medication management, logistics and electronic exchange of healthcare information. Thula has developed MØBIUS, a unique software solution that can manage the entire medication flow of hospital pharmacies, long-term healthcare facilities or companies providing healthcare services and logistics. Pharmaceuticals account for 20% of overall healthcare expenditures in OECD countries but a significant fraction of this investment could be reduced by eliminating inefficiencies in drug management (e.g., errors in prescription and dispensation; waste of unused medicines). MØBIUS is an integration platform designed to transform medicine management through enhanced automation. By linking different systems in the medication- and logistics loops, MØBIUS dramatically reduces inefficiencies in stock management and increases patient safety and security. MØBIUS integrates Electronic Prescriptions, automated dispensing robots and distribution systems. It also ensures availability of sufficient drugs for the patient, processes drug dispensing effectively, removes time wasting, saves resources, allows easy access to medicine, brings on more security on the data compared to manual-based systems, and improves accountability and traceability. The objectives of the SME Inst project include finalizing and validating the development of MØBIUS by integrating and packaging advanced features; search of commercial partners in target EU countries; in-depth assessment of entry strategy into the EU healthcare market; and a realistic and implementable business plan. We expect MØBIUS will generate about 40 new jobs and a cumulative ROI of €5.95 in the first 4 years after commercialization in Q1 2021. This submission, an improvement of a previous call in which we achieved a Seal of Excellence (13.22), intends to further demonstrate MØBIUS’ approach and our company’s value proposition.

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

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