Submission DescriptionHERO is a company dedicated to transforming diabetes management by providing innovative solutions for low blood sugar episodes. Our product, HERO Glucose Drops, is designed to raise blood sugar levels 3x faster than current over the counter solutions through direct absorption sublingually.
Globally, there are 1 in 10 type 1 diabetics who die from low blood sugar episodes each year with 8.4 million in the US. HERO is dedicated to providing innovative glucose management solutions with faster relief to ensure no one faces the fear and uncertainty of a low blood sugar episode unprepared.
HERO Glucose drops will sell in a pack of 6 for one time purchase price of $25 with the cost of production being $6.17 resulting in a 75% gross margin. HERO will also offer a subscription service for $80 annually with a 6-pack of drops being shipped quarterly. The resulting gross margin is 70%.
UN Sustainable Development Goalsgood health and well-being