Hands On Therapy Glove Téa Phillips - Ashley Wheeler - Sergio Ramirez.

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Presentation transcript:

Hands On Therapy Glove Téa Phillips - Ashley Wheeler - Sergio Ramirez

Téa Phillips Ashley Wheeler Sergio Ramirez Mechanical Engineering Developed Inner Mechanism Ashley Wheeler Chemical Engineering Explored Prototype Materials Sergio Ramirez Nursing Provided Medical Knowledge

54.4 MILLION AMERICANS STIFF JOINTS PAIN LOSS OF MOBILITY

CURRENT METHODS EXPENSIVE INEFFECTIVE ADDICTIVE physical therapy compression gloves opioids

HANDS ON IS CREATED MAY 2017 CUBA

ADJUSTABLE RESISTANCE BANDS GRIP STRENGTHENING COMPRESSIVE FABRIC PAIN REDUCTION EXTENDS LIFE OF JOINTS

COST PER GLOVE MARKETING SALE PRICE $30 PRODUCTION $14.95 PROFIT $15.05

SALES PROJECTIONS YEAR NEW CUSTOMERS REVENUE 1 1772 $79,727 1 1772 $79,727 2 5813 $261,605 3 7198 $323,892

HANDS ON FUTURE OUTSOURCE MANUFACTURING LICENSE TO ESTABLISHED COMPANY Labor is the largest production cost LICENSE TO ESTABLISHED COMPANY TN is the second-largest U.S. exporter of medical devices and supplies

LOOKING FORWARD FURTHER SHIFT FROM PHARMACEUTICALS 78 MILLION BY 2040

THANK YOU