Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare industry. This time, you get to discover 5 hand-picked startups working on vaccine distribution solutions.
Global Startup Heat Map highlights 5 Top Vaccine Distribution Solutions out of 156
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 156 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 healthcare startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 151 vaccine distribution solutions, get in touch.
IDEABATIC develops the SMILE Cold Chain Storage System
The secure, safe, and equitable distribution of vaccines is crucial to ensure an effective vaccination campaign. Cold chain storage and logistics along with vaccination scheduling and inventory management systems are solutions that enable an efficient immunization program. For example, the BioNTech/Pfizer COVID-19 vaccine demands very low temperatures during transport and storage, which is why there were multiple cases of vaccine wastage in the initial stages of distribution. To counter this issue, local health authorities are using resilient cold chain storage devices to store vaccines under controlled temperatures.
IDEABATIC is a UK-based startup that devises SMILE, a proprietary cold chain storage system. The startup uses bespoke SMILE ice packs and its patented air-locking system to ensure a smart last-mile cooling system for a fail-safe vaccine and bio-sample storage. Moreover, the solution does not need external power when in use and holds a stable temperature for 3 to 6 days. This allows public healthcare authorities to reduce vaccine wastage caused by temperature fluctuations during storage and serves rural areas without power concerns.
StaTwig provides a Vaccine Ledger to Trace Vaccines
Monitoring mass vaccination efforts and collecting immunization information plays an integral part in identifying vaccine-related problems, such as side effects. Plus, vaccination management facilitates the improvement of immunization program efficiency through analyzing the vaccinated population based on demography. Vaccine distribution also verifies the authenticity of vaccines and tracks the storage condition of the vials during transit to ensure that the vaccine is effective and safe to use. To this end, startups facilitate vaccine monitoring and surveillance through traceability solutions to trace back vaccines to the manufacturer and allow for cold chain monitoring.
Indian startup StaTwig builds the Vaccine Ledger for the end-to-end tracing of vaccines from the manufacturer to the end customers. The startup uses blockchain technology to ensure tamper-proof data acquisition and thereby improves the transparency in the vaccine supply chain. StaTwig assigns a globally recognizable unique-ID and an alphanumeric code to each product, making vaccines traceable from production to distribution. This allows medical staff to verify vaccine credibility as well as identify counterfeits and ensure the safety of their patients.
VAXCORP offers On-Demand Preventative Vaccination Services
Vaccine management and vaccination awareness programs go hand in hand to increase immunization rates for private firms and the public. For instance, the COVID-19 pandemic is pushing the healthcare system to offer better choices for vaccine registration and administration as the majority of the population needs to be vaccinated to achieve herd immunity. Governments are allowing corporations to offer vaccination as part of their corporate social responsibility (CSR) and offer better infrastructure for immunization. That is why startups build vaccine management solutions for businesses, allowing companies to start vaccination programs without delays and ensure employee and public safety.
Indonesian startup VAXCORP offers on-demand preventative services for corporations. The startup assists large companies in formulating employee healthcare plans that align with their business goals and improve employee safety. VAXCORP also provides consulting services to optimize existing healthcare plans. Importantly, their on-demand services include health mentoring seminars, disease screenings, and vaccinations, thereby allowing companies to launch emergency services on time.
Fluger builds an End-to-End Vaccination Management Platform
Vaccination management platforms are the one-stop solution to register, track, and streamline vaccination distribution and administration. Advanced solutions even integrate automated inventory management tools, thereby ensuring a continuous flow of vaccines without interrupting the ongoing immunization program. Moreover, using vaccine management solutions with centralized control allows state and local public health officials to manage vaccine distribution and administration for a large population.
Fluger is an Australian startup that develops a comprehensive management platform for healthcare use cases. For instance, the startup provides vaccination management solutions, including COVID-19 immunization, ready configuration along with a system tailorable to different vaccination programs. Plus, it offers an integrated booking system with centralized storage, thereby allowing medical providers and vaccination providers to scale their services without further settings. The startup also provides customer relationship management (CRM), billings, and nurse management systems in its solution. These services are available as Fluger Lite and Fluger Pro from the startup. Fluger also develops Fluger Data Logger to automate temperature logging and Fluger iPad with custom-built Fluger management tools.
Verndari creates Single-Dose Vaccination Kits
Mass vaccination efforts require efficient cold chain logistics and storage to successfully reach the public. Moreover, inadequate management of supply and demand planning in vaccination programs leads to an oversupply of vaccines at distribution centers. Single-dose formats are suitable for expensive vaccines and also provide improved vaccine safety as it physically combines the vaccine and syringe. Multi-dose formats, on the other hand, are appropriate for affordable vaccines and where cold chain capacity is limited. To this end, startups also develop solutions that improve vaccine shelf life and mitigate critical storage requirements of vaccines, freeze-fried vaccines for example.
Based in the US, Verndari is a startup that develops VaxiPatch, a complete single-dose vaccination kit with antigen, adjuvant, and delivery systems. VaxiPatch eliminates the need for cold chains and uses a painless microneedle patch application for vaccine delivery via the skin. Additionally, its proprietary technology allows vaccine developers to manufacture both existing and new vaccines as well as enables self-administration of vaccines. Verndari’s solutions significantly reduce the expenses on storage and logistics of vaccines and allow vaccine manufacturers to distribute the vaccines directly to the public.
Discover more Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on artificial intelligence, immersive therapy, additive manufacturing as well as telemedicine. While all of these technologies play a major role in advancing the healthcare industry, they only represent the tip of the iceberg. To explore more healthcare technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Healthcare Innovation Report to save your time and improve strategic decision-making.