5 Times Shark Tank seen Medical Entrepreneurship (Doctorpreneurship)
Doctorpreneurs: medical professionals who are also entrepreneurs!.
These innovators are using their expertise in healthcare to improve the quality of care and reduce unemployment. From developing new medical technologies to starting their own clinics.
Doctorpreneurs are making a big impact in the healthcare industry. So let’s give a shoutout to all the Medical Entrepreneurs out there, who are not only saving lives but also driving positive change in the world of healthcare!
Here are 5 Times Shark Tank seen Medical Entrepreneurship (Doctorpreneurship)
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Importance of Medical Entrepreunership for Healthcare Quality ImprovementHOTImportance of Medical Entrepreunership for Healthcare Quality Improvement
#05 Rolladoc
ASK: $50,000.00 for 20%
Rolodoc is a company established by two medical doctors brothers, that aims to improve communication in the medical field through a mobile app that allows for secure email and instant messaging between patients, doctors, and other medical professionals. The app allows users to search for doctors by speciality, state, and insurance provider, view their profiles and send them messages.
The company at the time was testing with 50 users, and the founders believe that their app will revolutionize the way medical professionals communicate and will help to eliminate the use of outdated pagers.
See how it went below
#04 DNA Simple
Ask: seeking $100,000.00 for 12.5%
Dr Olivia Noel (MD, PhD, Plastic and Reconstructive Surgeon) and founder of DNA Simple, a company which aims to facilitate genetic research by collecting saliva samples from individuals and matching them with relevant research studies. The company pays individuals for their samples and ships them kits to collect and return the samples.
DNA Simple earns a percentage of the funds paid by the research companies for the samples. The company’s goal is to make genetic research happen faster so that cures for diseases can be found more quickly.
#03 Throat Scope
Ask: $76,000.00 for 10%
Sometimes the best medical innovations come from patients and attendants who experience the problem first-hand. In this Shark Tank episode, Jennifer Holland presents her product called Throat Scope, a one-handed illuminated tongue depressor medical device. The device is designed for use by doctors and hospitals in oral cavity examinations, and it can also be used by the general public for at-home use.
#02 Cancer Aid
Ask: $500,000.00 for 10%
In this Shark Tank episode, three brilliant doctors present their company, Cancer Aid, which is an app that provides personalized cancer information, a journey organizer for tracking symptoms and medications, and a community platform for connecting with others going through similar experiences.
Cancer Aid is already the number one cancer app in Australia, the US, and the UK, and has a unique business model that licenses the app to cancer institutions, research organizations, and private cancer specialists, allowing them to provide the app for free to patients.
#01 Wall Rx
Ask $150,000.00 for 10%
Dr Jim Lewis is a forensic pathologist and an entrepreneur who come up with smart non-medical innovation. Wall RX is a simple system for repairing holes in walls. The sharks make various offers, including one from Robert Herjavec for exclusive rights to sell Wall RX internationally, and another from Kevin O’Leary and Lori Greiner for a joint deal of $150,000 for 10% equity with the option to sell on QVC and in infomercials. The entrepreneur ultimately decides to accept the joint deal.