Medi: Medication Adherence speaking pillbox
by David Brand
Medication Adherence speaking pillbox: you can ask questions about your medication, you get reminded to take your medicine, and more
NY, United States AI in Medicine Diabetes The Diabetes challenge The Diabetes challenge NOLAHI Challenge - See All
About our project
The problem we solve: Approximately 125,000 deaths per year in the United States are due to medication non-adherence
About our solution: We bring together artificial intelligence, psychology, and medicine to help patients. We create effective patient engagement and generate adherence data to our customers. Medi, Our artificially intelligent assistant speaks with patients to help address their ongoing healthcare issues. We have a pill box that logs when patients take their pills and shares this data with customers and their doctors.
Progress to date:
We use the solution every day and see 100% adherence due to our smart pill box and the reminders!
About Our Company
Medi
Location: 1 broadway
NY, 10010
Founded: 2013
Product Stage: Ready
YTD Sales: Working on it
Employees: 1-2
How We Help Patients
Approximately 125,000 deaths per year in the United States are due to medication non-adherence. We are solving this problem and saving lives.
Challenge Mission
Market Size
Half of the 3.2 billion annual prescriptions dispensed in the United States are not taken as prescribed. At around $20 each, we are solving a problem of $30 Billion per year.
Projected 3 Year Growth
We intend to achieve 10% market penetration within three years with gross margins at 35%.
How We Will Make Money
We sell Medi for $100, with gross margins at 35%.
About our Competition
Our artificially intelligent smart AI assistant makes us unique.
Progress with Customers to date
Not yet
New Orleans and Our Company
Innovation Details
Intellectual Property Summary
Intellectual Property: proprietary.
Clinical Information
NA
Regulatory Status
NA
How we will use the funds raised
Product
Thank You
Help us save lives with Medi!
Supporters
-
Updates
No updates found .
Index Score
54
Score
0
Score
-
This campaign has ended but you can still get involved.See options below.
Help us find best new ideas to fund by telling us what you think. Your feedback goes straight to the team behind this project in private, so tell them what you really think.
Important Disclosure: MedStartr.com is a website owned and operated by MedStartr, Inc., which is not a broker-dealer, funding portal or investment advisor; and neither the website nor MedStartr, Inc. participate in the offer or sale of securities. All securities related activity is conducted through Young America Capital, LLC, a registered broker-dealer and member of FINRA/SIPC. No communication, through this website, email or in any other medium, should be construed as a recommendation for any securities offering.