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 signifi...
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Información proyecto AITEP
Duración del proyecto: 6 meses
Fecha Inicio: 2017-11-24
Fecha Fin: 2018-05-31
Líder del proyecto
MONIDOR OY
No se ha especificado una descripción o un objeto social para esta compañía.
TRL
4-5
Presupuesto del proyecto
71K€
Fecha límite de participación
Sin fecha límite de participación.
Descripción del proyecto
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.