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OTW: Med Alert Technology & World Change Friday, September 25, 2009

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OTW: MedAlertTechnology & World Change

Friday, September 25, 2009

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Ageing Population

Brain power

declines with age

Friday, September 25, 2009

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market research@ Farrer Park

Friday, September 25, 2009

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8%

14%

34%

41%2%

0 1 2 3 More than 4

How many times do you have to take medicine a day?

Friday, September 25, 2009

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24%

11%

59%

6%

0-3 4-6 7-10 More than 10

How many types of medicine do you take per day?

Friday, September 25, 2009

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22%

29%

39%

11%

0-5mins 5-10mins 10-15mins More than 15mins

How much time do you spend sorting out your medicine daily?

Friday, September 25, 2009

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PrototypeInitial Stage

Friday, September 25, 2009

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market research@ SINGAPORE GENERAL HOSPITAL

Friday, September 25, 2009

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Max no. of times a patient takes medicine is 3 TIMES a day

Preferable timing to consume medication is between

8:00 and 20:00

Friday, September 25, 2009

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Jonathan Diong,Pharmacist

Max no. of times a patient takes medicine is 3 TIMES a day

Preferable timing to consume medication is between

8:00 and 20:00

Friday, September 25, 2009

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Must be simple and straight forward for

elderly to comprehend

Friday, September 25, 2009

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Associate Prof Lim Swee Hia, Director of nursing

Must be simple and straight forward for

elderly to comprehend

Friday, September 25, 2009

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market research@ SIMLIM TOWER

Friday, September 25, 2009

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Prototypeimprovements

Friday, September 25, 2009

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Final prototype in the making

Friday, September 25, 2009

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@NUS ArchiLABFriday, September 25, 2009

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laser machine

finishing touches

Friday, September 25, 2009

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Friday, September 25, 2009

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our engineer

Refinementsto our wiring system

Friday, September 25, 2009

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Friday, September 25, 2009

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presenting to you:

Friday, September 25, 2009

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presenting to you:MedAlert

Friday, September 25, 2009

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presenting to you:MedAlert

you’ll never forget...

Friday, September 25, 2009

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Friday, September 25, 2009

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Friday, September 25, 2009

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Time to Test out MedAlert

Friday, September 25, 2009

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Francis goh, pharmacist

no similar products in the local market

price range $80 to $100

favourable to sell in hospital

Friday, September 25, 2009

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lighting effect is good

especially useful for old who lives alone

affordable

Lim Siew Hwei, Staff Nurse

Friday, September 25, 2009

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Business Plan

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Target Customer: Elderly

Distribution Channel: Hospitals, Pharmacies & Websites

Customer Base

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Priced at S$100

Collaboration with MOH

Tap on MediSave Accounts

Local Expansion Global Expansion

Sales Strategy

Friday, September 25, 2009

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Marketing StrategyEstablish Reputation

Massive Advertising through the use of Media

Friday, September 25, 2009

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Sustainable competitive advantage

NO similar product in the local market

High profit margin

socially responsible

why should you invest?

Friday, September 25, 2009

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our process videosit back and enjoy

Friday, September 25, 2009