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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 NOLAHI Challenge - See All

All Team Company Patients Mission Innovation Details Supporters Comments Updates

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 Team

Creator: David Brand

Bio: Medication reminder pillbox

Title: CEO

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

Comments

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Updates

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54
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54

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