MedAware

MedAware was initiated following a tragic case of a nine-year-old boy who died because his primary-care physician accidentally prescribed the wrong drug. Sadly, this case is not uncommon. Prescription errors are estimated to cause the premature injury and death of more than 200,000 patients every year in the United States alone. MedAware was founded in 2012 by an expert team with extensive background in business, information technology and clinical practice, primarily in order to tackle the huge problem of prescription errors. It is inconceivable that a child’s life can be lost because of a click of a button. MedAware’s goal is to ensure that such cases will never happen again. By identifying and preventing prescription errors in real-time, MedAware’s solution saves lives, improves patient safety and significantly reduces healthcare costs resulting from prescription errors and adverse drug events. MedAware targets healthcare providers, pharmacy benefit management companies, as well as pharmacy chains.
Company Growth (employees)
Type
Private
HQ
Ra'anana, IL
Founded
2012
Size (employees)
22 (est)
MedAware was founded in 2012 and is headquartered in Ra'anana, IL

MedAware Office Locations

MedAware has an office in Ra'anana
Ra'anana, IL (HQ)
10 Zarhin St

MedAware Financials and Metrics

Summary Metrics

Founding Date

2012

Total Funding

$2.3 m

Latest funding size

$1.3 m

Time since last funding

over 1 year

Investors

MedAware's latest funding round in April 2016 was reported to be $1.3 m. In total, MedAware has raised $2.3 m

Traffic Overview of MedAware

MedAware News and Updates

MedAware gathers $8 mln Series A

Israel-based MedAware, a provider of solutions that detect and eliminate prescription errors, has raised $8 million in Series A funding. The investors included Becton, Dickinson and Company, Gefen Capital, OurCrowd and Yingcheng City Fubon Technology Co.

Israeli prescription checker MedAware raises $8 million Series A

Israeli MedAware has raised $8 million in Series A funding. The investment came from BD (Becton, Dickinson and Company), Gefen Capital, OurCrowd, and Yingcheng City Fubon Technology Co. The company has raised $12 million to date. The post Israeli prescription checker MedAware raises $8 million Seri…

MedAware's script-error tool for docs could help marketers plenty, too, CEO says

MedAware may have designed its script-error tool to flag prescription mix-ups, but in mining script and medical-record info for that product, the Israel-based company has picked up on prescribing patterns that are prime for plumbing by pharma marketers.

MedAware Company Life and Culture

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