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•1/3 of medicines in the developing world are counterfeit made by criminals.
• They contain little or no active ingredients, and have b k t killbeen known to kill.
GSEC 2009 PRESENTATION
8-digit non-duplicable code8-digit non-duplicable code4-digit SMS number2-second response = saves 1 life2-second response = saves 1 life.
5GSEC 2009 PRESENTATION
Consumers pay $0 and drug f t 1/4 f manufacturers pay 1/4 of
standard SMS rate
6GSEC 2009 PRESENTATION
Alternatives, eg. holograms are:1 5 i1.5x more expensive;50% have been faked in some regions
7GSEC 2009 PRESENTATION
ROLLOUT TRAJECTORY
GHANA
NIGERIANIGERIA
COTE D’IVOIRECOTE D IVOIRE
S GSENEGAL
8GSEC 2009 PRESENTATION
GAMBIA
MANAGEMENT TEAM
K fi B t Ch t d A ti C t l B k iKofi Boateng – Chartered Accounting, Central Bank experience,
Ashifi Gogo — Six Sigma, Schweitzer & Olikamp Fellow, Programmer,
Bright Simons — 10yrs in Media, Marketing Expert, Ashoka, Aspen & TED Fellow, Think Tank Executive
GSEC 2009 WapGrid Talk
Kathryn Boateng — Counterfeiting Expert, Public Health Consultant, World Bank Experience
PARTNERSHIPS
REGULATOR
PHARMACISTS
TELECOM
CARRIER PHARMACISTS
DRUG
MANUFACTURERS
GSEC 2009 PRESENTATION 11
SROISocial value created (3yrs) = $120mTotal investment= $5.2 millionT t P l ti 30Target Population= 30m
15GSEC 2009 PRESENTATION
SROIThese 50,000 Kids from Niger were doomed…
SROINiger were doomed…
Let’s h hChange the
odds for this one!this one!
16GSEC 2009 PRESENTATION