The company has developed a medication adherence platform that combines IoT, disposable packaging, and cloud-based alerts to help healthcare providers manage medication regimens, biological tests, and vaccines. Curadite is committed to addressing two major healthcare challenges: substance abuse prevention and medication adherence. The company's Medication Management Platform (MMP) monitors and records access to controlled substances to prevent diversion in healthcare settings and supports medication adherence with alerts for patients, their loved ones, or healthcare providers when medication is not taken as prescribed. Poor medication adherence results in 33% to 69% of medication-related hospital admissions, at a cost of roughly $100 billion per year. Curadite's MMP has the potential to improve adherence by 10%, which could lower health spending by $40 million a year.