Medex3D is a “hospital solution in a box” that provides a high-quality 3D printer, a mobile platform with library of useful medical products and devices for printing in the hospital, clinic or healthcare facility including a degree of managed services. It can assist healthcare workers fighting the COVID-19 pandemic with PPE incl. 3D printed masks, visors etc without any knowledge of 3D printing. We have also added content from orthopaedics, prosthetics, training, medical assistive devices and water & sanitation.
Current Status
Pre-seed
The founders have already invested over $165 000 on developing the mobile application - currently used in the education space with a number of schools and households (called Why Toyz). This platform has been repurposed for healthcare and integrated into industrial grade 3D printer (can be integrated into any 3D printer anywhere).
Market
Healthcare facilities
Problem or Opportunity
Empower clinics and hospitals to safeguard healthcare workers through self-managed 3D print-on-demand PPE supplies – plus a range of other general hospital supplies often in short supply in low and middle-income country healthcare systems
Solution (product or service)
Medex3D empowers clinics and hospitals to secure their stocks of equipment, including much needed PPE supplies by accessing our online, real time global catalogue of a broad range high quality supplies relevant to a hospital setting, for example - prosthetics, orthopaedics, assistive devices, general medical, water & sanitation and even facilities management supplies.
Competitors
Traditional local and global supply chains
Advantages or differentiators
The ability of traditional supply chains to provide agile solutions to health care facilities - cost and localisation issues
Finance
Our financial plan can be obtained on request (NDA signed) IRR (without TV) - 141% Payback period - 2,248 years
Business model
Can be obtained on request (NDA signed)
Money will be spent on
Platform hardening and embedded security Content development Legal fees Operationalising the business
1) Legal - provision for 3D printed products in hospitals specifically with critical (life saving products)
2) Areas with poor data coverage / internet connectivity
Incubation/Acceleration programs accomplishment
Completed the Investment Readiness Seedstars Programme
Won the competition and other awards
Our platform has won: 1) The best Edutech Startup Award South Africa 2019 2) The best Edutech Startup Award Southern Africa 2019 3) Seedstars Johannesburg
Placed in semi-finals in Global Edtech Startup Awards 2019
Invention/Patent
Protection of IP of designers in additive manufacturing