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Provenmed

UAE
Market: Another
Stage of the project: Idea or something is already done

Date of last change: 30.05.2022
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Idea

ProvenMed is a medical devices innovation company that is disrupting and redefining the urinary incontinence care industry with its revolutionary and patented solutions for men and Women.

Current Status

Revenue:
2020: 160 K
2021: 458 K
2022: 990 K (expected)
Total Accessed markets:
2020: 3
2021: 8
2022: 15 (exp)
Patents (IP)
2020: 2
2021: 4
2022: 8

Problem or Opportunity

Urinary incontinence (UI) is a common disorder which has a substantial impact on quality of life (QoL). Perceived as truly debilitating from a physical, psychological and social point of view, it may cause both isolation and loss of independence, and eventually result in some elderly patients being admitted to an institution.
Although the pathology /factor leading to UI may differ the patient suffering remains the same. Below are some of the major types of UI:
• Urge incontinence
• Stress incontinence
• Overflow incontinence
• Functional incontinence

Solution (product or service)

ActivGo®Kit™ is an innovative non-invasive external device designed to manage urinary incontinence with optimum comfort and confidence for the male patients.
ActivGo®Kit™ is composed of five components:
1. ActivGo®ExCath™ made of a Bio-compatible silicone intended to be smooth on the genitals
2. ActivGo®Boxer™
3. ActivGo®UrineBag™
4. ActivGo®Urisocks™
5. ActivGo®Bidet™ provides a washing system to keep the patient always clean and safe and free of tract infections
ProvenMed innovative technology is patented under many claims which are redefining the way urine incontinence is managed

Business model

ProvenMed’s production is based on outsourced contract manufacturing in China and South Korea while we appoint healthcare, medical devices and specialty distributors to sell our products in their territories.

Incubation/Acceleration programs accomplishment

Newchip (USA)
K-Startup (South Korea)
Mohamed Bin Rached innovation fund program
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