1 99:59:59,999 --> 99:59:59,999 Every day in this country, 2 99:59:59,999 --> 99:59:59,999 families are forced to make impossible choices 3 99:59:59,999 --> 99:59:59,999 when it comes to their health care, 4 99:59:59,999 --> 99:59:59,999 like Kimberly, who said, 5 99:59:59,999 --> 99:59:59,999 "There was times I had to choose between my food and my pills. 6 99:59:59,999 --> 99:59:59,999 It wasn't luxury stuff, 7 99:59:59,999 --> 99:59:59,999 because I didn't make that much. 8 99:59:59,999 --> 99:59:59,999 It was like, can I get shampoo or conditioner? 9 99:59:59,999 --> 99:59:59,999 Things you take for granted. 10 99:59:59,999 --> 99:59:59,999 And Debbie, who said, 11 99:59:59,999 --> 99:59:59,999 "You put your medicine in one hand, 12 99:59:59,999 --> 99:59:59,999 your living costs in the other. 13 99:59:59,999 --> 99:59:59,999 OK, well what am I gonna do? 14 99:59:59,999 --> 99:59:59,999 Am I gonna get my medicine 15 99:59:59,999 --> 99:59:59,999 or am I gonna pay my bills? 16 99:59:59,999 --> 99:59:59,999 Well, I can't live without my medicine, 17 99:59:59,999 --> 99:59:59,999 but I can't live if I don't pay my bills." 18 99:59:59,999 --> 99:59:59,999 Ten thousand people die every month in this country 19 99:59:59,999 --> 99:59:59,999 because they don't take the medicine that they need. 20 99:59:59,999 --> 99:59:59,999 More people die from not taking medications 21 99:59:59,999 --> 99:59:59,999 than opioid overdoses and car accidents combined. 22 99:59:59,999 --> 99:59:59,999 But you can't take medicine if you can't afford it. 23 99:59:59,999 --> 99:59:59,999 Today, the average household 24 99:59:59,999 --> 99:59:59,999 spends 3,000 dollars a year on medications. 25 99:59:59,999 --> 99:59:59,999 About a third of folks who are uninsured 26 99:59:59,999 --> 99:59:59,999 said that they stopped taking medicine as prescribed 27 99:59:59,999 --> 99:59:59,999 because of cost. 28 99:59:59,999 --> 99:59:59,999 Even folks with insurance, 29 99:59:59,999 --> 99:59:59,999 if they make under 35,000 dollars a year, 30 99:59:59,999 --> 99:59:59,999 half of them report skipping the medications 31 99:59:59,999 --> 99:59:59,999 if their insurance doesn't cover it. 32 99:59:59,999 --> 99:59:59,999 So there are 10 million adults like Kimberly and like Debbie 33 99:59:59,999 --> 99:59:59,999 who are forced to make impossible choices every day. 34 99:59:59,999 --> 99:59:59,999 We all know that prescription drug prices are too high, 35 99:59:59,999 --> 99:59:59,999 and our health care system, 36 99:59:59,999 --> 99:59:59,999 that makes some folks uninsured and other folks underinsured, 37 99:59:59,999 --> 99:59:59,999 doesn't prioritize people who need access now 38 99:59:59,999 --> 99:59:59,999 and need medications now. 39 99:59:59,999 --> 99:59:59,999 Ten million, it's a big number, 40 99:59:59,999 --> 99:59:59,999 but it's also a solvable number, 41 99:59:59,999 --> 99:59:59,999 because there's also 10 billion dollars of perfectly good unused medication 42 99:59:59,999 --> 99:59:59,999 that goes to waste. 43 99:59:59,999 --> 99:59:59,999 So this is an injustice on two sides: 44 99:59:59,999 --> 99:59:59,999 people not getting the medicine that they need to survive and to thrive, 45 99:59:59,999 --> 99:59:59,999 and that very same medication being sent to a medical waste incinerator 46 99:59:59,999 --> 99:59:59,999 to be destroyed. 47 99:59:59,999 --> 99:59:59,999 This waste is unconscionable, but it also offers an opportunity. 48 99:59:59,999 --> 99:59:59,999 I started SIRUM, 49 99:59:59,999 --> 99:59:59,999 a not for profit technology company, with my cofounders Adam and George, 50 99:59:59,999 --> 99:59:59,999 to turn discarded medications into a lifeline 51 99:59:59,999 --> 99:59:59,999 just like the medications in this warehouse. 52 99:59:59,999 --> 99:59:59,999 We may not be able to fix 53 99:59:59,999 --> 99:59:59,999 all the ways in which our health care system is failing us, 54 99:59:59,999 --> 99:59:59,999 but we can fix this one. 55 99:59:59,999 --> 99:59:59,999 Medications come from manufacturers and wholesalers who have safety stock, 56 99:59:59,999 --> 99:59:59,999 and when it's short-dated, they destroy it. 57 99:59:59,999 --> 99:59:59,999 It also comes from health care facilities like hospitals, pharmacies 58 99:59:59,999 --> 99:59:59,999 and nursing homes who end up with surplus 59 99:59:59,999 --> 99:59:59,999 when a patient stops taking medication or when they pass away. 60 99:59:59,999 --> 99:59:59,999 We can use this untapped source of medications 61 99:59:59,999 --> 99:59:59,999 to supply all 10 million people who need medications, 62 99:59:59,999 --> 99:59:59,999 and we can do this today. 63 99:59:59,999 --> 99:59:59,999 SIRUM gets surplus medications 64 99:59:59,999 --> 99:59:59,999 by putting recycling bins into these hundreds of facilities 65 99:59:59,999 --> 99:59:59,999 that have surplus. 66 99:59:59,999 --> 99:59:59,999 They fill the bin, and when the box is full, 67 99:59:59,999 --> 99:59:59,999 SIRUM initiates a courier pickup to pick up that medication, 68 99:59:59,999 --> 99:59:59,999 and we handle the shipping, the tracking, the manifests, and the tax receipt. 69 99:59:59,999 --> 99:59:59,999 Medicine donors want to donate because it's actually cheaper an easier 70 99:59:59,999 --> 99:59:59,999 than the highly regulated medicine destruction process, 71 99:59:59,999 --> 99:59:59,999 and there are strong tax incentives to actually donate. 72 99:59:59,999 --> 99:59:59,999 We then deliver those donated medications to people who need it. 73 99:59:59,999 --> 99:59:59,999 A new prescription comes in, 74 99:59:59,999 --> 99:59:59,999 and our platform matches that patient need with the inventory that's available. 75 99:59:59,999 --> 99:59:59,999 Our platform then generates a warehouse pick list, 76 99:59:59,999 --> 99:59:59,999 the medications are picked and the prescriptions filled.