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NewIcon Oy

NewIcon Oy

NewIcon is a fast-growing medical technology company that manufactures automation solutions for hospitals and pharmacies with technology that relies on robotics and the Internet of Things. The company will allocate the funds from the EIB loan to the development and production of total pharmacy automation solutions. More precisely, the company will further develop its range of storage retrieval robots for pharmacies and automated dispensing cabinets for hospital wards. The EIB funds will also support the development of intravenous compounding robots and novel medication management software. All this addresses unmet and growing needs within the healthcare industry for increased efficiency and safety in medication management.

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About NewIcon Oy

Founded

2007

Estimated Revenue

$10M-$50M

Employees

51-250

Funding / Mkt. Cap

$8M

Category

Industry

Industrial Automation

Location

City

Kuopio

State

Northern Savo

Country

Finland