Collateral Medical

Focus Area: Oxygen Supply

Solution: Oxygen Concentrators

Geography: PAN India

Website: collateralmed.com

Collateral Medical Private Limited (ColMed) is an established distributor of medical equipment and devices. Leveraging the funding support from USAID’s COVID-19 Emergency Response Fund, they will be importing ~3000 oxygen concentrators to bridge the supply gap in hospitals, enabling better management of COVID-19 patients with SpO2 80 and above.

ColMed will prioritize distribution of oxygen concentrators at subsidized rates to healthcare facilities such as hospitals, COVID-19 care units serving vulnerable population and tier 2 and tier 3 towns. The equipment will be marketed through the company’s own portal and will be supplied at discounted rates to make it affordable and accessible to public. Through this initiative, the company aims to impact 1.25 lac under-privileged people.