NewIcon Oy. NewIcon is a health technology company that develops, manufactures, and sells innovative automation systems for the storage, distribution, and dispensing of medications, along with related software, for global markets. In Finland, the company has over 400 installed systems in hospitals and pharmacies.
The digitization and automation of medication logistics result in significant direct cost savings for hospitals and pharmacies. The growing shortage of healthcare personnel is forcing hospitals and pharmacies to seek solutions to streamline operations.
NewIcon is riding the wave of global trends. These include the strong growth of digitalization, robotics, and e-commerce, as well as the shortage of healthcare personnel and the aging population. The market for automation systems and devices in pharmaceutical care is expected to grow to €11 billion by 2030.
NewIcon aims to be a significant global player in pharmaceutical care by 2027, with revenue of around €60 million.
NewIcon conducted a 3.4 million euro share issue in April 2023 with Springvest as organizer, attracting 600 investors. Biggest shareholders Highlight Health Investment Oy and Ilmarinen Keskinäinen Eläkevakuutusyhtiö.
Investment in 2023.