Business Development

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Business and Sales Strategy

Medivable's business model revolves around developing innovative medical solutions using AI, machine learning, and data science. The company offers a range of products, including telemedicine devices, mobile health monitoring apps, and electronic medical record management tools. Medivable's sales strategy is based on selling its products to healthcare providers, such as hospitals and clinics, who pay an annual fee based on usage.

The annual fee varies depending on the type of customer and usage, ranging from a few hundred to tens of thousands of dollars. For instance, general practitioners may pay around €1550 per year, while a hospital department, such as an orthopedic department, may pay up to €25,000 per year. Medivable's sales strategy is focused on building relationships with healthcare providers, showcasing the benefits of their innovative medical solutions and improving patient outcomes.

International Presence and Expansion

Medivable is a startup that operates globally and is focused on making healthcare more accessible and convenient through its innovative medical solutions. Medivable is currently active in multiple countries, including the United States, Europe, and Asia, and is continuously looking to expand its presence.

Medivable has a strong international presence in countries such as the United Kingdom, France, Germany, and the Netherlands. The company launched its first commercial product in 2020 and has since established itself as a reliable provider of innovative medical solutions. Medivable aims to continue expanding its reach in the global healthcare market by collaborating with international partners and adapting its products to meet local market needs.

Redaction :

Scientific direction : Thierry Vermeeren

Reading committee :

Layout and graphics : Véronique Toussaint, David Renquet

Date of publication : February 2023