MIT Solve

Solution overview

Our Solution

"Medify"-Fake Medicine Detection

Tagline

Medify barcode detection machine & an android app can identify by image processing that the medicine is fake or real.

Pitch us on your solution

In Bangladesh, there are BDT 600 crore fake medicine business of overall BDT 1800 crore medicine business. Counterfeit medicine is not only a problem in Bangladesh But also life threatening for the world. We are trying to solve the Counterfeit medicine by detecting with our solution Medify.

Our solution will be in two ways. One solution that will detect the medicine with our bar code detector machine & another solution which is an android app that will identify by image processing algorithm. There will be use cloud server technology to faster the transaction.

We hope that our solution will decrees the fake medicine production & also will permanently vanish the fake medicine business.

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What is the problem you are solving?

"Fake medicine detection in Bangladesh" problem within the Tiger Challenge that we are working to solve.

We are working for pharmaceutical industry -medicine Manufacturer, Import/exporter, medicine shop, Health ministry & general people who were suffering by the fake medicine.

According to WHO, 1 in 10 Medical Products in Developing Countries Substandard or Falsified. In Usa, 21-22 % counterfeit Medicine & 42% in Africa Continent & 30% in developing countries have fake medicine. In 2018, Bangladesh has BDT 300 crore fake medicine in BDT 18000 crore whole medicine business. There are 40,285 products of 858 local pharmaceuticals companies in Bangladesh. Besides, there were a lot of imported medicines in the market. In mitford areas and jatrabari in dhaka, huge fake medicines were prepared and sold.

How many people are affected

Doctors warns that Fake drugs kill more than 250,000 children a year. An estimated 116,000 people die from malaria every year because of substandard falsified medicines.

we wanted to decrees the child death and improves health conditions of overall population in Bangladesh that relate to our solution. We wanted to stop the fake medicine business with our solution.

Who are you serving?

Bangladesh is a large and heavily densely populated country which has an estimated 2019 population of 163.05 million.

pharmaceutical industry glance

Domestic Market size Tk. 20,512 crore annual growth 15.6 and Local companies hold 10% share & multinationals hold 90% market share 98% demands met locally & 2% with exports Contributors to GDP 1.83% Bangladesh exports to 147 countries.

We will talk to pharmaceuticall manufacturers and the Shop and we also talk to the general people to understand the situations and 95% were agreed to take the solution and everyone in Bangladesh wants a permanent solution of this fake medicine.

The solution is emerging technology based & very user friendly. Anyone can operate the solution. Our one solution is for Medicine manufacturer and medicine shop owner. Both will have a barcode machine detector where barcode number in medicine will identify the medicine is real or fake. There the medicine company will have to generate barcode number in medicine packet. Our another solution will be use the medicine shop owner & medicine supplier and also general people may also use the solution. The solution is an android apps that will use image processing algorithm & this image processing will identify the medicine is real or fake.

What is your solution?

Our Solution "Medify"-fake medicine detector.

We are providing B2B solution & B2C solution. Our consumer is pharmaceutical industry where medicine manufacturer company, medicine supplier, medicine shop owner & Customer.

Our first solution is a barcode detector machine which is based on B2B solution where consumer is medicine manufacturer company & medicine shop owner. we will ask to stop them of third party business & third party medicine supplier. There will be only communication via Medicinemanufacturer company & medicine shop owner. Medicine manufacturer company will generate unique barcode on each medicine packet which will be save in cloud server database system & our solution will detect the barcode number & identify the medicine is real or fake. Also shop owner will testify the medicine packet with the barcode machine checker system.

Our second solution is for medicine manufacturer company, medicine supplier, medicine shop owner & Customer which will be module in B2C. Our solution will provide an mobile app that will be testify via image processing algorithm . There will be previous image sampling of real & fake in our image processing algorithm and stored in cloud server database. If anyone wanted to verify the medicine is real or fake. he or she may took the picture via mobile apps & the mobile apps will clearly identify the medicine is fake or real. Technology:

solution 1:

Cloud server database.

bar-code detector machine

raspberry pi 3, keyboard & display board

Solution 2:

Cloud server database.

Image processing algorithm

An android apps

Select only the most relevant.

Upskill, reskill, or retrain workers in the industries most affected by technological transformations

Where our solution team is headquartered or located:

Dhaka, Bangladesh

In which sector would you categorize your solution?

Health

More about your solution

Describe what makes your solution innovative.

Our solution "Medify"-fake medicine detector for overall all consumer pharmaceutical industry where medicine manufacturer company, medicine supplier, medicine shop owner & Customer all are included. The solution is emerging technology based.
There is no such solution provide in market. So it is unique & innovative.

Why do you expect your solution to address the problem?

Bangladesh is a large and heavily densely populated country which has an estimated 2019 population of 163.05 million.

pharmaceutical industry glance

Domestic Market size Tk. 20,512 crore annual growth 15.6 and Local companies hold 10% share & multinationals hold 90% market share 98% demands met locally & 2% with exports Contributors to GDP 1.83% Bangladesh exports to 147 countries.

According to WHO, 1 in 10 Medical Products in Developing Countries Substandard or Falsified. In Usa, 21-22 % counterfeit Medicine & 42% in Africa Continent & 30% in developing countries have fake medicine. In 2018, Bangladesh has BDT 300 crore fake medicine in BDT 18000 crore whole medicine business. There are 40,285 products of 858 local pharmaceuticals companies in Bangladesh. Besides, there were a lot of imported medicines in the market. In mitford areas and jatrabari in dhaka, huge fake medicines were prepared and sold.

Doctors warns that Fake drugs kill more than 250,000 children a year. An estimated 116,000 people die from malaria every year because of substandard falsified medicines.

Select the key characteristics of the population in Bangladesh your solution serves.

Women & Girls
Pregnant Women
Children & Adolescents
Elderly
Rural Residents
Urban Residents
Very Poor
Low-Income
Middle-Income
Minorities/Previously Excluded Populations
Refugees/Internally Displaced Persons
Persons with Disabilities

In which countries do you currently operate in addition to Bangladesh, if any?

Bangladesh

In which countries will you be operating within the next year?

Bangladesh

How many people are you currently serving with your solution? How many will you be serving in one year? How about in five years?

We are thinking for overall 163.05 million people of more than 50 percent people are taking medicines where 15-20 percent people are taking fake medicine.

we are planning to serve 30 percent of the people who were taking fake medicine in one year.

we are planning to 80-100 percent people to use our solution medify.

What are the barriers that currently exist for you to accomplish your goals for the next year and for the next five years?

There will be some problem we will face that medicine manufacturer company will not adapt the change we are asking for. As They have to generate barcode number in medicine packet. They will be disagree for the cost of it.

How are you planning to overcome these barriers?

we will convince the govt to create a law to apply to medicine manufacturer company to generate barcode number in medicine packet.

If your solution has a website, provide a link here:

https://gem4tech.com/

About your team

Your business model & funding