Highlights and 2018 in figures

We had a busy year in 2018. NewIcon achieved several international milestones, including the EUR 4.5 million investment made by Highlight Health Investment Limited, Thailand-based Thanes Development Co., Ltd. and Indonesian PT Multi Sinar Adamar. We also won a public contract for Israel’s fifth-largest hospital, Rambam Health Care Campus.

The Falsified Medicines Directive required us to update the software of nearly a hundred devices and bring the systems of our customers into line with the needs of today. We also gained a number of new domestic accounts, and NewIcon’s systems are currently used in almost every hospital district in Finland.

Now is the time to relax for a while and celebrate the holidays, but January will see us back to business as usual. To quote Chairman of the Board Mikko Suonenlahti: ”Full speed ahead.”

Continue reading to see what happened in 2018 and how the year looks in figures.

Year 2018 in figures: 

• We received a EUR 4.5 million investment from China
• We expanded our operations to 5 new countries
• We reached the 75-employee mark
• We delivered to our pharmacy and hospital customers:
  12 automated dispensing systems
  13 automated dispensing cabinets
  5 compounding systems
  306 scheduled maintenance programs
• And, the cherry on the cake, 1 new website

Highlights of 2018: 

International success: 

• Another Smart Medicine Cabinet to Denmark
• A Chinese Investment in a Finnish Health Technology Company
• Joint Venture General Icon Is on Its Way to the Top of China’s Pharmacy Automation Market
• NewIcon’s Automated Dispensing System Won the Competitive Tendering for Rambam Hospital in Israel

Active development:

• Lean principles in product development team: Let’s not run faster, let’s make the trip shorter
• Product lifecycle management makes deliveries to customers faster
• Pharmacies Brought Up to Date for the European Medicines Verification System
• “A serious approach to data security is integral to our business culture”

Successful customer experiences:

• “World-class automation system developed with client in mind”
• An automated dispensing cabinet provides certainty in the administration of medicine
• Additional income and more hours for customer service at the Lielahti Pharmacy through automation of medicine verification
• The principal quality criterion for an automated dispensing system is reliability