Medical Technology Transfer and Services Where: Vietnam and Asia Partner since: 2013 Current level of engagement (April 2016): High www.mtts-asia.com
ABOUT: MTTS is a social enterprise that delivers innovative, cost-effective solutions for newborns, ranging from CPAP machines that treat respiratory distress syndrome to phototherapy machines that treat neonatal jaundice. MTTS’s business model focuses on providing high-quality technologies for intensive neonatal care to hospitals in developing countries at affordable prices and extremely significant (80%) reduction of the costs of consumables.
NEED:Over 30% of under-five deaths occur during their first week of life . Even when hospitals in developing countries can afford to buy neonatal care technologies from EU or American companies, they most often can’t afford to cover the costs of the consumables and of repairs, with the consequence that equipment remains greatly underutilized.
WHAT WE DO: Firetree has provided a grant to MTTS to expand its production facilities and is actively working with MTTS to strengthen its business model and to scale-up its impact. One of our directors sits of MTTS’s Board.
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