Tag: Disruption
StripSupply secures funding
June 27, 2018HME News Staff
BOSTON - StripSupply has secured seed round funding led by LaunchByte Ventures, alongside a group of serial entrepreneurs, physicians and angel investors. StripSupply, which seeks to disrupt the $11 billion glucose test strip market, provides FDA-approved strips on a subscription basis for up to 85% less than major retail pharmacies, it says. “The retail price for diabetic test strips at major pharmacies can be more than $100 for a 50-count vial; however, the manufacturing cost doesn't typically...
Amazon wants to disrupt health care, including DME, report says
March 27, 2018HME News Staff
BOSTON - DME is one of five possible points of entry for Amazon to dominate the healthcare market, according to a new report from global management consulting firm L.E.K. Consulting.“Anyone who thinks of Amazon as just a very big digital retailer needs to think again,” says Rob Haslehurst, managing director at L.E.K and report co-author. “They have repeatedly shown that they have the capabilities, the patience and the deep pockets to disrupt industry after industry. Health care...
Amazon wants to disrupt health care, including DME, report says
March 27, 2018HME News Staff
BOSTON - DME is one of five possible points of entry for Amazon to enter and dominate the healthcare market, according to a new report from global management consulting firm L.E.K. Consulting.“Anyone who thinks of Amazon as just a very big digital retailer needs to think again,” says Rob Haslehurst, managing director at L.E.K and report co-author. “They have repeatedly shown that they have the capabilities, the patience and the deep pockets to disrupt industry after industry. Health...