ELIJAH LIVICTOR MATEAS
HODA RIFAIROMAN STOLPERTHEA ZIMNICKI
Green Dot TechnologiesGreen Dot Technologies
Pharmaceutical Storage Problems in Developing Countries: Vaccine spoilage often occurs at vaccine provider’s site
Unreliable power grids Untrained and overworked healthcare workers
Administration of spoiled vaccines= LOSS OF LIFE AND LIMITED RESOURCES
We will design a refrigerator accessory which will: Minimize cold loss during refrigerator usage Minimize power consumption Inform against administration of spoiled pharmaceuticals Simplify inventory system
Regular FridgeFridge with our add-on
Airtight Rubber Seal
Holes for Internal Air Circulation
Empty Fridge
Temperature Indicator
LabelInventory
Mechanism
Insulated Dividers with Rubber Lip
Breathable Material
Light Indicator
Battery
Temperature Sensor
Colored Indicator
Up = emptyDown = full
Spring
Product is a refrigerator accessory Increase time span of acceptable temperature range Reduces human error in administration and storage 10%-30% more energy efficient
Competition Energy efficient fridges could compete
Potential business partners!
Will take 12 months to develop Pilot study to obtain data on developing country needs
and refine design based on feedback Locking mechanism to prevent dispensing of spoiled
drugs
Partner with Company that Already Supplies Developing World with Refrigerators Customize our product to theirs Tap into existing manufacturing ability Market to existing clientele as a package or upgrade
Expand Market to all Healthcare Providers Highlight energy efficiency Solve existing issues with dispensing and monitoring
Create Models Marketed as Green Technology Redesign for specific needs of home users
Developing Countries: NGO’s involved with vaccine and healthcare programs
Expanded Market: Refrigerator accessory marketed to developed world
health clinics and pharmacies Future products designed for home users Lobby policy makers to lower energy standard which
would effectively require use of our product or similarly energy efficient systems
DevelopinDeveloping Worldg World
Developed Developed World World
Health CareHealth Care
General In General In Home UseHome Use
December 2008
January 2009
AprilMarchFebruary May June
Initial Business
Plan
Submit Business Plan for GSVC
Finals
Submit GSVC
Executive Summary
GSVC Regional Semifinal
s
Design IdeaPrototype
Plans
Evaluative Experiment
s
SolidWorks Modeling of Thermal Efficiency
Build Prototype I
RESEARCH: NGO Supported Surveys of Healthcare Centers
Find MBA Student Partner
Network with NGOs to investigate future expansion
of Pilot
Purchase Parts
Refine Design
Proof of Principle
Tests
Build functiona
l prototyp
e
2009 2010
Partner with Refrigeration Company
Sales in Home Market
Expand NGO Network
Marketing and Sales in Healthcare Market
Develop Product for
Healthcare Market
Develop Custom Order Manufacture
Develop Acceptable
Lock Mechanism
20122011
Continuous Quality Assurance and Development
Partner with NGO for Pilot Study
Pilot Study in Developing World:
Uganda
Develop Product for
General Use
2013 2014
Market to all Developing World and NGOs
Refine for Saleable Model
Seek Policy Reform for Low Energy Technology
COSTSCOSTS REVENUEREVENUE
Development Free labor until profitable
Prototype $400 including fridge
Pilot Study Internship program
Manufacture Outsource to partner
Advertisement Networking and partnership
Developing World $300-400 with fridge Break even
Expansion I: Healthcare High Tech versions costing
$2000-3000+
Expansion II: Home Use $200-500 each as accessory $1,000+ as full fridge $6.3 billion market in US Large and expanding market!
Green Dot TechnologiesGreen Dot Technologies
MotivationMotivation Keeping pharmaceuticals viable in the developing world with green
technology
BusinessBusiness Strategic partnershipExpanding marketEnvironmental Policy
TechnologyTechnology Optimized energy efficiencyReduced loss of coolingMinimized possibility of errorExtended life for pharmaceuticals
Acknowledgements
Columbia UniversityBiomedical Engineering Department
Dr. Sam SiaDr. Elizabeth Hillman
Keith YeagerSchool of Engineering and Applied Science
EWB: India GroupEWB: Uganda Group
PfizerRon Guido
Alan McEmber