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4U Medical Designs
Investor Challenge
Submission Abstract4U Medical Design’s 3rd Party tested Medical Device Stickers are a quick and easy way to decorate medical devices. Brighten up these intimidating devices with colorful child friendly images that have proven benefits! A study by the University of New Mexico Health Sciences Center shows that "Decorative IV bags reduced patient aversion by 83%, fear by 53%, and anxiety by 73%. Decorative Syringes reduced patient aversion by 79%, fear by 53%, and anxiety by 51%."
Value Proposition Sick children see devices like IV Bags and Needles for months and years on end. We are brightening devices with child friendly images & colors that are proven to reduce anxiety & fear in turn bettering their mental & emotional health in these settings. Hospitals value the conversation starters.
How we plan to make money4U Medical Designs generates revenue through recurring revenue. We sell B2B to healthcare companies in large bulk options. We make Medical Bag sticker rolls for $5.30 landed and sell for $75. We make Syringe sticker rolls for $2.30 landed and sell for $40. We sell feeding bag stickers B2C as well.
Launch StrategyWe launched our full Sales Campaign in August. This was due to a lot of Hospitals finalizing their test trial runs and gaining approval of our stickers. Since 8/01/22, we have revenue of $32,815. We are projecting $95,000 in sales by the end of our first official year.
90 second Pitch Videohttps://youtu.be/1ig0iMdfWUE