MediCircle Announced as Winner of Brown Venture Prize Pitch Competition
MediCircle was announced the final winner of the Brown Venture Prize Pitch Competition, receiving $25,000 and mentorship opportunities. This competition runs annually, providing an opportunity for Brown University and Rhode Island School of Design students to pitch their ideas and create “impact at scale”.
The pitch for MediCircle addresses health disparities and aims to use unused cancer medications for a new purpose. As treatments are adjusted, patients return unused medication. They collect leftover oral chemotherapeutic pills and redistribute them to those who cannot afford them on their own. Medical redistribution is legal in 39 states, and with MediCircle’s plans to evaluate all returned medicine for quality control, they believe they could reduce the cost of medicine for cancer patients and entice pharmacists to participate with tax credits. The prize money will go to funding a pilot program.
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