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Israeli geriatric care company seeks investment.
|Total value of the target||N/A|
|Expected target net rate of return after deducting all taxes and fees||N/A|
|Validity period of pending order||365|
Assistant Manager, International Business Advisory
|Project highlights||patented - turn pill into tasty gel - 14 seconds treatment|
The Israeli geriatric care company is developing products aimed at aging. The product is a patented device for making the pill into a delicious gel, which is a movable container with gel inside. The device requires a small disposable glass in which the pill is crushed, and the patient takes the gel. This process only takes 14 seconds. The device will allow patients, especially those with swallowing problems, to receive the pills in a safe and tasty way. The device will be suitable for medical facilities, as well as private customers who care for the elderly at home. The company plans to use this phase of funding to build prototypes of the device and glass, and then build a working model that could be used to mass-produce drug tests. At the same time, the firm will prove the safety of the gel, pursue the patented development on glass. The project has POCs in gel safety, device patents, business plans, and regulatory strategies. The product is scheduled for launch after FDA approval in 2021.
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