Addinex Technologies, Inc
Platform for Preventing Prescription Drug Misuse &a; Addiction
Business Model:
Revenue: $0
Employees: 1-10
Rankings
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Detailed Addinex Technologies, Inc Information
Geographic Data
Address:
City: New York
State: New York
Zip:
Country: United States
Financial Info
Stage:
grant
Raised Last:
$260k
Raised Total:$1M
Social
Metrics
3,856,186Website Global Rank
2,964Website Monthly Traffic
Twitter Followers
Description
Addinex is preventing medication addiction and misuse. Our patented dispenser, mobile app, easy disposal, and data address key drivers of the opioid crisis: over-prescription, overuse, and lack of disposal. We offer a low-cost medication dispensing system to reduce the risks of misuse and addiction. A Columbia University study of patients undergoing major cancer surgery showed that our system resulted in 70% fewer pills taken vs CDC guidelines, 67% fewer refills, and an 84% disposal rate of excess pills vs &l;10% in other studies. The CDC has awarded Addinex a grant to adapt our system for addiction treatment medications and our system was named a “World Changing Idea” by Fast Company magazine.
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| Announced Date | Company | Transaction | Money Raised |
|---|
| Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 10/2018 | Funding Round | $280k | 9/2022 | Grant | 1 | $260k |
Centers for Disease Control and Prevention Centers for Disease Control and Prevention |
3/2021 | Angel Round | 1 | $550k |
Investor&s;s Circle Investor&s;s Circle |
|---|
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