unique investment opportunity
Product Development
Fully automated standalone dispensing machine; prescription checkout kiosk; standalone dispensing/point of sale software; patient portal; ability to forward prescription via fax; ability to automate direct mailing of medication from physician clinic; workflow integration with pharmacy management system for placement of 'remote pharmacy' in a hospital.
Customer Acceptance
Physician Market
- 10 fully-automated systems sold in 5 states (CA, CO, TN, TX, FL)
- 4 systems are re-orders - validation of value & ROI offering
- 20k+ prescriptions filled through our system; Zero dispense errors
Pharmacy Market
- Commitments for the implementations of automated systems within the hospitals of key strategic, marquee partners including Stanford Health Care & Comprehensive Pharmacy Services.
4 Patents
#1 & #2: Utility patents associated with legal right to dispense in a clinic - triangulate temporal, location & known personal information
#3: Secure loading process: system loading without access to inventory
#4: Unique storage: allows precise loading & storage with 2 points of contact - simplicity & flexibility benefits
Social Proof
Provider Example
- 40% of our system sales have been reorders, which demonstrates extraordinary value to customer
- Word-of-mouth socialization from highly satisfied customers has resulted in scalable partnerships
Investor Example
- An investment from the founder of InnovateMD resulted in a distribution relationship with a prominent medical association
Relationships
Medical Suppliers
Healthcare Organizations & Physician Networks
Pharmacy
Telepharmacy
Prescription Coupon Provider