# Medicine Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/medicine-power

- Industry: Healthcare IT
- Headquarters: Beijing, China
- Website: www.medicinepower.cn
- Latest round: Series A (Jun 4, 2015)
- Investors on record: 3

## About

Medicine Power develops and distributes advanced medical devices and healthcare solutions focused on enhancing patient outcomes across various therapeutic areas.Medicine Power operates in the medical technology sector, providing innovative diagnostic tools and treatment devices. The company is headquartered in Beijing, China. There is no information available regarding changes in business strategy or operational pivots. The founder's details are currently unknown. As of December 22, 2021, Medicine Power discontinued its operations after engaging in 3 total deals.Medicine Power specializes in advanced medical devices aimed at improving patient outcomes. Their product line includes diagnostic tools and treatment devices tailored for healthcare providers and patients, addressing critical needs in diagnostics and patient management. These offerings are utilized by healthcare facilities in North America and Europe, focusing on enhancing clinical efficacy and operational efficiency.Medicine Power's revenue model is based on direct sales and partnerships with healthcare institutions and distributors. They engage in B2B transactions, supplying medical devices to hospitals and clinics, and managing retail relationships through distributors. This model ensures a consistent revenue stream, with bulk orders from hospitals for their flagship diagnostic devices being a key component.Medicine Power has not announced any upcoming products or future market expansions, as it ceased operations in December 2021. Hence, there are no plans to utilize funding for product launches or market entry.

## Funding rounds

- Series A, Jun 4, 2015 — Ceyuan Ventures, Ping An Trust, Tendence Capital
- Seed, Nov 1, 2014 — Ceyuan Ventures

## Investors

- Ceyuan Ventures (https://capitalatlas.ai/funds/ceyuan-ventures) — Seed, Series A
- Ping An Trust — Series A
- Tendence Capital (https://capitalatlas.ai/funds/tendence-capital) — Series A