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ScriptDrop

ScriptDrop

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The ScriptDrop Adherence Token and Blockchain will drive down the cost of healthcare for patients. As they interact with our two existing apps, they build up tokens. Those tokens can then be used to buy down their prescription co-pay when they return to the pharmacy for their refill.
Health
5.8
TOTAL SCORE
6.5
ICO PROFILE

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General
Website: Visit
White paper: Read
ICO Time: 01 Nov 2017 - 14 Nov 2017
Country: USA
Token info
Ticker: AHC
Platform: Ethereum
Available for sale: 410,000,000 AHC (41%)
Financial
ICO Price: 0.07 USD
Accepting: BTC, ETH
Social media
Links: Bitcointalk
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Reddit
Medium
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Youtube
DECEMBER 2015
Nick identified that there was an issue with patient’s abandoning their medications when hitting a roadblock at the pharmacy. The data showed around 25% of patients that leave the pharmacy without medication, don’t come back to pick it up. Nick talked to Larry about this issue and they worked together to devise a solution.
APRIL 2016
Nick and Larry left their comfortable jobs to set-out to focus solely on building ScriptDrop.
JUNE 2016
Applied and was accepted to a Google Health event and was chosen as the company that was going somewhere.
JULY 2016
Scriptdrop partnered with Breakaway Courier and BestRx pharmacy system. The integration through BestRx communicates directly with Breakaway through a click of a button.
AUGUST 2016
ScriptDrop launched in New York City!
SEPTEMBER 2016
Finished an integration with a courier platform that gives ScriptDrop the ability to deliver in 42 states.
OCTOBER 2016
Two pharmaceutical manufacturers approached ScriptDrop about working with them.
NOVEMBER 2016
Partnership executed with eRx to be set-up as a payer. ScriptDrop now has its own BIN (billing identification number), so pharmacies can submit claims directly to the ScriptDrop BIN to queue up a delivery. This allows any of the 67,000 pharmacies in the U.S. to use ScriptDrop’s delivery, without an integration.
DECEMBER 2016
The idea for Med Reminders was born. Nick and Larry kept hearing clients ask, “now that you are solving abandonment, how do you solve adherence?” Nick and Larry decided that they could use the same technology to allow the patient to receive daily medication reminders. The patient does not have to download an app, or enter all of their details because of the integrations with the pharmacy systems, ScriptDrop has the data.
JANUARY 2017
Med Reminder development began in Elixir. This allows the program to easily scale.
FEBRUARY 2017
Started to work the VC roadshow for funding.
MARCH 2017
Completed round with Rev1, M25, and Jumpstart Foundry. Raised around one million dollars to execute the big vision.
MAY 2017
Nick and Larry began exploring the use of blockchain technology to build out the ScriptDrop patient network and to give the patient control of their own data. They had previously built a blockchain app and both knew the technology could improve healthcare.
JUNE 2017
Hired, Amanda Way. Amanda worked with Nick and Larry at their previous employer, and came with tons of contacts in the pharmaceutical manufacturing industry. Amanda started to approach her contacts and tee-up meetings. Also executed a partnership with another healthcare company, Updox. Press release can be found here.
JULY 2017
Hired, Derek Schneider. Derek is a skilled Ruby on Rails, Java, and Elixir developer. Derek has also worked for a large healthcare company, therefore the experience will be easy to apply with the ScriptDrop solutions.
AUGUST 2017
Began pharmacy pilot for Med Reminders.
SEPTEMBER 2017
After months of planning, ScriptDrop announced their token sale.<br /> <br /> Nick and Amanda to speak at blockchain conference in NYC.
OCTOBER 2017
Nick to speak at a blockchain conference in Barcelona, Spain.<br /> <br /> ScriptDrop will also be the first healthcare company to buydown a prescription co-pay, through the use of app tokens. The transaction will post on the Ethereum blockchain.
NOVEMBER 2017
Token sale launches.
Q1 2018:
Have 7 pharma contracts executed.<br /> Scale prescription delivery to 20 states.<br /> Have 250,000 interactions with patients through Med Reminders.
Q2 2018:
Launch Med Reminder solution with HuliHealth in Latin America.<br /> Work with Anca (token sale advisor) on getting into the French market.<br /> Scale prescription delivery to 25 states.<br /> Have another 5 pharma contracts executed
Q3 2018:
Launch solution in France.<br /> Cross the 1,000,000 threshold for patient interactions through Med Reminders.<br /> Have a fully functional, patented prototype of our Smart Pillbox and begin working on lining up production.
Q4 2018:
Through either Prescription Delivery or Medication Reminders, ScriptDrop will have worked with 15,000 pharmacies across the U.S.<br /> Cross the 2,000,000 interaction for patient interactions through Med Reminders<br /> Have executed contracts with 20 pharma companies and 100 different pharma brands
Screenshots taken on 3 Feb 2018
Nick Potts
CEO
Participates in a number of projects
Larry Scott
CTO
Participates in a number of projects
Amanda Way
VP, Pharma Sales & Business Development
Participates in a number of projects
Derek Schneider
Senior Software Developer
No participating data

Advisors (4)

Sam Butler
No participating data
Anca Petre
No participating data
Mike Menkhaus
No participating data
Bennett Smith
No participating data
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