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A swedish MedTech company seeking distributors for an advanced home-based medicine management solution for healthcare and elderly care providers

Summary

Profile Type
  • Business Offer
POD Reference
BOSE20241217022
Term of Validity
17 December 2024 - 17 December 2025
Company's Country
  • Sweden
Type of partnership
  • Commercial agreement
  • Outsourcing agreement
Targeted Countries
  • Finland
  • France
  • Belgium
  • Germany
  • Italy
  • Spain
  • Netherlands
  • Latvia
  • Poland
  • Lithuania
  • United Kingdom
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General information

Short Summary
A Swedish MedTech company specializing in medication management solutions is offering an advanced home-based medicine dispenser for elderly care and chronic illness management. The company seeks distribution and sales partners with experience in healthcare, home care, and med-tech solutions to implement and promote the product in new markets.
Full Description
A company specializing in MedTech solutions develops, manufactures, and sells advanced products to streamline nursing workflows and improve medication adherence for patients. Their flagship product is an automatic medicine dispenser designed for home care environments, enhancing patient safety and simplifying medication routines.

The product is a stationary, home-based medicine dispenser available in three sizes to suit different needs. It provides light, sound, and voice reminders for medication times and can manage emergency (PRN) medicines seamlessly. Doses can be adjusted remotely, offering real-time updates to ensure accuracy and continuity in care. This solution is particularly suited for elderly care, chronic illness management, and home care services. It integrates easily with existing IT systems, making it an efficient tool for care providers and healthcare settings.

The company seeks international partnerships with local distributors, supply chain companies, and home care or elderly care providers. These partnerships are essential for delivering a fully operational, end-to-end solution, from pharmacy coordination to medicine delivery in the patient’s home environment.

The solution boasts a documented compliance rate of 99%, far exceeding the WHO benchmark, which highlights that only 50% of chronic patients in developed countries adhere to their medication regimens. With 99.7% operational reliability, it gives care providers complete control over pharmaceutical management.

The company invites local care providers, distributors, and med-tech supply chain companies to explore partnerships to integrate this innovative solution into their care ecosystems.
Advantages and Innovations
For partners, this product presents a unique opportunity to offer a proven, market-ready solution with clear competitive advantages:

• Operational Efficiency: Partners can deliver a highly reliable system with a 99.7% operational reliability rate and a documented 99% medication compliance rate, reducing errors and enhancing care outcomes.

• Quick Market Integration: The product integrates seamlessly into existing IT systems, allowing partners to offer a fully functional solution with minimal implementation barriers.

• Adaptability: The system supports real-time remote dose adjustments and handles emergency (PRN) medication, ensuring flexibility to meet the needs of diverse patient groups. This functionality adds value to home care providers and elderly care services, increasing partner market potential.

• Competitive Edge: Partners gain access to a solution already proven in Nordic markets, enabling faster market entry with a tested product that addresses global challenges in medication adherence.
With its documented impact on improving patient outcomes and reducing care inefficiencies, the product provides partners with a clear path to enhancing their service offerings and expanding their market presence.
Technical Specification or Expertise Sought
Requirements:
• Ability to navigate local regulatory and operational landscapes.

• Established network within home care, elderly care, or pharmacy services.

The desired partner will play a critical role in introducing the product to new markets, ensuring successful implementation, and creating a foundation for sustainable growth.
Stage of Development
  • Already on the market
Sustainable Development Goals
  • Goal 11: Sustainable Cities and Communities
  • Goal 12: Responsible Consumption and Production
  • Goal 15: Life on Land
  • Goal 3: Good Health and Well-being
  • Goal 10: Reduced Inequality
  • Goal 9: Industry, Innovation and Infrastructure
IPR status
  • IPR granted
IPR notes
IPR Granted in EU, USA, UK, Canada & China

Partner Sought

Expected Role of a Partner
We are looking for partners in the fields of distribution, sales, and customer engagement, particularly those with experience in healthcare, home care, and med-tech solutions.

Role and Tasks:
• Distributor/Reseller: Drive in-market activities, including product promotion, sales execution, and participation in relevant congresses and trade shows.

• Market Adaptor: Develop and implement a functioning operational model tailored to the specific requirements of the local market, ensuring a smooth and efficient delivery of the solution.

• Customer Relationship Manager: Establish and maintain strong relationships with healthcare providers, pharmacies, and other key stakeholders to support long-term adoption of the product.
Type and Size of Partner
  • SME <=10
  • SME 50 - 249
  • SME 11-49
Type of partnership
  • Commercial agreement
  • Outsourcing agreement

Dissemination

Technology keywords
  • 01004001 - Applications for Health
  • 06001015 - Pharmaceutical Products / Drugs
  • 09001009 - Sensor Technology related to measurements
  • 06005001 - Safety & systems
  • 06005003 - Health information management
Market keywords
  • 05010002 - Cognitive aid
  • 05010001 - Safety for the elderly
  • 05003005 - Drug delivery and other equipment
  • 05004001 - Electromedical and medical equipment
  • 02007012 - Medical/health software
Sector Groups Involved
  • Health
Targeted countries
  • Finland
  • France
  • Belgium
  • Germany
  • Italy
  • Spain
  • Netherlands
  • Latvia
  • Poland
  • Lithuania
  • United Kingdom

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