EFRO subsidy awarded by SNN for ParaMedir

ParaMedir, an innovative medical technology company based in the Northern Netherlands, is proud to announce the significant EFRO subsidy of about €600,000.00 awarded by SNN (Samenwerkingsverband Noord-Nederland). This subsidy will support a groundbreaking consortium led by ParaMedir in their mission to improve healthcare through innovative (bio)monitoring solutions. Next to the subsidy granted by the SNN, the province of Groningen and the municipality of Groningen have both agreed to finance this project as well, contributing about €130,000.00, underlining the importance of this project for the region.

The consortium, consisting of valued partners including the University Medical Centre Groningen (UMCG), Health Hub Roden, and GitGud Software Development, aims to address the urgent challenge of diagnosing and monitoring patients with acute heart failure. Acute heart failure affects 25 million patients globally, with rising incidence and high hospitalization rates. The readmission rate is alarming, and the mortality rate is significant. The standard treatment approach involves restoring the patient's fluid balance using diuretics to eliminate salt and fluid from the patient's body. Currently, treatment of acute heart failure relies on frequent urine collections analyzed through conventional methods.

Cardiodrop©, a groundbreaking innovation, will enable rapid and frequent bedside urine analysis. Building on ParaMedir’s proprietary technology, CardioDrop© will be optimized for use in acute heart failure patients. It facilitates personalized treatment in cardiac care units (CCUs) and intensive care units (ICUs) by monitoring biomarkers and electrolytes. Cardiodrop's implementation in CCUs and ICUs will significantly enhance the quality of life for acute heart failure patients and their caregivers. It will reduce mortality rates, readmissions, and healthcare costs. Additionally, it enables early detection and treatment of renal failure, revolutionizing care provision and improving well-being.

The EFRO subsidy awarded by SNN in the Northern Netherlands is a proof of the consortium's dedication to advancing medical technology and improving patient care. ParaMedir extends its gratitude to SNN and the consortium partners for their commitment and collaborative efforts.