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FORNY20-FORNY2020

KVAL: Real-time newborn screening software

Awarded: NOK 0.50 mill.

Project Number:

341673

Project Period:

2022 - 2023

Funding received from:

Organisation:

Location:

Utilizing the allocated qualification funds, we efficiently executed all outlined work packages. A comprehensive global market analysis was conducted, followed by the design and implementation of stakeholder surveys across targeted countries. In terms of product development, we have refined and finalized the software, assessed it for medical device compliance, and initiated a regulatory strategy. Furthermore, we have conducted an intellectual asset management analysis and engaged in investor and stakeholder presentations. Finally, in alignment with our qualification project objectives, we have successfully founded a company named Neonatal Analytics AS.

Utilizing the resources of the qualification fund and through the efforts of our team, we successfully executed all the outlined work packages, culminating in the development of a robust and scalable pilot product. The market research results surpassed our initial expectation, leading us to establish a company named Neonatal Analytics AS based on this innovative technology. This decision was further bolstered by valuable feedback from global stakeholders, gathered through direct interviews. We believe establishing a reliable platform-agnostic automation of the data-interpretation process direct from instruments will greatly benefit end-user; the newborns can receive early treatment before the symptoms even show; the buyer/hospital don't need to rely on the one and only expensive package solution that is neither specific nor sensitive. Furthermore society will benefit from fewer sick kids, happier families, and eased healthcare burden.

Funding scheme:

FORNY20-FORNY2020