Invent Medic

Invent Medic

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Invent Medic Expands NGO Collaborations

Sammanfattning

Invent Medic has intensified its efforts in low-income countries by collaborating with international NGOs, leading to a substantial increase in business through this channel.
Invent Medic strengthens its commitment to low-income countries through new partnerships, significantly increasing its presence and impact.

Invent Medic, a Swedish company known for its health solutions, has taken significant steps to expand its impact in low-income countries by partnering with international non-governmental organizations (NGOs). This strategic move has resulted in a remarkable increase in business, with transactions through the NGO channel exceeding 600,000 SEK this year, compared to just under 200,000 SEK during the same period last year.

Earlier this year, Invent Medic received an order from the NHS Foundation Trust in the UK worth nearly 100,000 SEK, further solidifying its international presence and reputation as a reliable partner in health and education sectors.

A notable new partnership has been established with School for Life, an organization dedicated to providing education to children in vulnerable areas. This collaboration aligns seamlessly with Invent Medic's mission to promote health and participation, demonstrating its commitment to social responsibility.

Since its social engagement began in 2018 with the donation of 1,000 FlowCup menstrual cups to the charity Star for Life, Invent Medic's initiatives have grown substantially. Today, the company's products have improved access to menstrual protection and enhanced the quality of life for approximately 70,000 women in low-income regions across Africa, India, and South America.

Diana Lidforsen, Program Manager at Invent Medic, highlights the impact of their work: 'We know that many young girls are forced to stay home from school during menstruation due to lack of menstrual protection. 70,000 girls represent many school classes, and it is extremely meaningful that our efforts contribute to both education and dignity for them.'

To further focus on NGO collaborations, a part-time position was established in 2023 to manage these partnerships. With more partners and increasing volumes, the company is cementing its role as a sustainable player in global menstrual health.

Given the company's strategic expansion and growing international presence, investors should consider holding their positions. The company's commitment to social responsibility and its ability to secure significant international orders suggest a promising outlook.

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