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RITHMI: THE SMART MONITOR THAT TAKES CARE OF YOUR HEART

Project description

A breakthrough technology for the diagnosis of heart arrhythmia

Atrial fibrillation (AF) is a heart arrhythmia that can lead to stroke or weaken the heart and cause heart failure. Current methods of AF diagnosis usually include electrocardiograms, Holter monitors and additional blood tests. Scientists of the EU-funded Rithmi project, pioneers in computational predictive care, have developed an innovative method for the diagnosis of AF that is reliable yet comfortable. This method is expected to increase patient compliance and improve AF detection rate. Rithmi is a feasibility study that aims to accelerate development and bring this novel technology to the international market.

Objective

Arrhythmia Algorithm S.L. (https://rithmi.com(opens in new window)) is a privately held company with the mission to support people to take care of
their heart and prevent health problems as the stroke. Our aim is to revolutionize the way Auricular fibrillation is diagnosed
through a comfortable, compliant and innovative method. After successfully piloting the prototype version of RITHMI
technology, the team can confirm the capability of its breakthrough product to open new markets in Europe with the potential
for rapid growth. Rithmi is a pioneer in arrhythmia detection technologies and the leading company in Computational
Predictive Care™. By pursuing the present feasibility study, RITHMI’s management team aims to improve its understanding
of international market conditions and the associated risks that need to be considered as the company develops a deeper
business plan for rolling out, and scaling up RITHMI as a marketable innovative solution. SME Instrument Phase-1 and
Phase-2 will be extremely beneficial in helping the company to accelerate development and market penetration of the
RITHMI solution in target segments, boosting the company’s growth to 40-50 employees and over € 18,395,412 revenues by
2023.

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Programme(s)

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Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

ARRHYTHMIA ALGORITHM S.L.
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
RONDA MIJARES 11
12002 CASTELLON
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Este Comunitat Valenciana Castellón/Castelló
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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