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Next Generation Lean Lab Digital Platform combining AI, Visual Management Tools & Touch Screen Technology (LeanLab)

Project description

Cloud-based solution for pharmaceutical labs

Everything has moved to the cloud, so why not pharmaceutical laboratories. To improve accuracy, process higher workloads and expand test menus, labs today should give up their ‘paper and spreadsheet’ system. It is expensive, inflexible and unsustainable. The EU-funded LeanLab project has a solution: a cloud-based platform that incorporates the latest technologies, including AI, touchscreen technology and visual management tools. The top-selling points include a 45 % reduction in test errors and a 35 % reduction in the amount of time required. The promise of cost savings is attracting customer traction and investor interest. The commercialisation of LeanLab cloud-based solution will ultimately make lifesaving drugs more available to the public.

Objective

Laboratories are under pressure to improve accuracy, process higher workloads and expanding test menus, as well as
become more efficient by reducing costs and using fewer staff. To achieve this, they must significantly improve productivity.
Only currently available solution is consultancy implemented soft ‘paper and spreadsheet’ lean lab system, which is
expensive, inflexible and not sustainable over time; it also cannot address more complex issues such as workload volatility
(dips and peaks, volumes and test mixes) – a key area for achieving productivity savings.
LeanLab cloud-based solution by Plan Domino addresses these issues cheaper, better & sustainably by offering the first
ever digital platform on the market. This important innovation was inspired by absence of alternatives and incorporates latest
technologies, including artificial intelligence (AI). It will have transformative impact on the target customer: 30% productivity
improvement, 45% test error reduction, 25% staff turnover reduction + 35% time reduction, translating into significant costsavings.
This has attracted customer traction and investor interest even at this early stage.
With a revenue model based on a SaaS subscription service and through availability of local strategic partnerships in
international markets, LeanLab is easily scalable and has the potential to achieve a turnover of over €19 million in global
sales, achieve an estimated €11 million in profit and create 112 direct jobs by Year 5 of trading in a market worth over €5
billion by 2022 and a CAGR of 5.1%.
Commercialisation of LeanLab is led by a strong core project team with complementary skills & experience – including firsthand
knowledge of the industry and target market, established relationships with labs in Europe & US. LeanLab project will
enable piloting of the platform at customer sites (to achieve TRL7) and other validation activities to pave way for the next
steps of developing a software version that is market ready.

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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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

PLEANAIL LIMITED
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
11 NEW ROAD
H91FXR8 GALWAY
Ireland

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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
Ireland Northern and Western West
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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