SIRUM

SIRUM

Facilitates donation and redistribution of medications

About

SIRUM focuses on drug donation and redistribution to help individuals who cannot afford medications. The company collects unused, surplus medications from health facilities and pharmacies, ensuring compliance with national drug donation laws and providing liability protection to donors. Medications are boxed up and picked up by FedEx, then redistributed to partner organizations that dispense them to those in need. This process not only minimizes medical waste but also improves access to essential medications for underserved populations. SIRUM differentiates itself by its commitment to public health and social impact, generating revenue through donations and grants to support its mission of saving lives by making medications accessible.

Company Stage

Seed

Employees

51-200

Industries

Social Impact, Healthcare

Total Funding

$116.7K

Headquarters

Menlo Park, California

Founded

2009


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Simplify's Take

What believers are saying

  • Increased telehealth adoption enhances SIRUM's digital medication management and distribution capabilities.
  • Sustainability trends align with SIRUM's mission, attracting partnerships and funding.
  • State-level drug donation laws support SIRUM's expansion into new markets.

What critics are saying

  • Traditional pharmacies may oppose Good Pill's low-cost model, creating competitive backlash.
  • Varying state drug donation laws pose compliance challenges for SIRUM's expansion.
  • Dependence on FedEx logistics could risk disruptions in medication distribution.

What makes SIRUM unique

  • SIRUM redistributes surplus medicine to uninsured and underinsured patients, improving healthcare access.
  • The company leverages national drug donation laws, ensuring compliance and liability protection.
  • SIRUM's partnership with FedEx facilitates efficient redistribution of surplus medications.

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Growth & Insights
Headcount

6 month growth

17%

1 year growth

5%

2 year growth

28%

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