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Pharm Adva announced it raised $987,000 in an initial filing from an offering of $1 Million

May 13, 20254 months ago

Amount Raised

$987,000

Round Type

seed

RochesterManufacturing

Company Information

Company

Medacube

Location

1565 JEFFERSON ROAD

Rochester, New York, United States

About

Pharmadva is also known as Medacube. MedaCube is an innovative medical device developed and patented at the University of Rochester Medical Center (URMC) to address the critical challenge of medication adherence. Designed to serve third-party payers, healthcare providers, pharmacies, medical monitoring companies, and families, MedaCube supports improved health outcomes and independent living for aging individuals. Validated through clinical trials at the SJFC Wegmans School of Pharmacy under URMC IRB since 2015, MedaCube has demonstrated industry-leading results. Now commercially available, it is at the heart of PharmAdva’s mission to solve the $300 billion annual medication adherence problem in the U.S.

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