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iDoctus, Accelerating Digital Health to Grow 50% by 2021

The company has offices in Madrid, Barcelona and Mexico, the latter covering several Latin American countries. To date, iDoctus has invested $5.9 million (€5 million) in technology development and the platform. The company has a network of 480,000 doctors in Spain and Latin America. iDoctus also has the enGuardia app, launched in collaboration with the Spanish Society of Internal Medicine (Semi).

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iDoctus is relying on digitalization to continue developing. The Spanish company, which offers up-to-date diagnostic and treatment information that is easy to access, is confident of increasing its revenue by 50% in 2021, to $5.3 million (€4.5 million), as explained by Ángel Diaz, co-founder, and CEO of iDoctus.

The company closed 2020 with a turnover of $3.5 million (€3 million) and now plans to increase its business in the heat of the opportunities that Covid-19 has brought about in the sector. “We want to increase pharmaceutical coverage and be able to offer new services such as virtual doctor’s visits or electronic prescriptions,” said Diaz.

The application is designed for medical professionals and allows them to gain time and certainty in diagnosis, which has an impact on the quality of the service provided to patients. It offers up-to-date diagnostic and treatment information that is easy to access and allows the doctor to focus on what is most important: the patient.

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iDoctus has more than 2,600 active ingredient and 16,000 drug files

In addition to specialized scientific information for medical use, the app includes a vademecum with the active ingredients and combinations, the drugs that are marketed, and up-to-date information on medical and pharmacological matters. It is useful when prescribing one drug or another depending on each patient and their clinical history because it helps to find the most appropriate and safe dosage and drug in each case.

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iDoctus has more than 2,600 active ingredients and 16,000 drug files. The application also has more than 60 tools and scales, which help the physician to make decisions regarding patient management, automating calculations according to existing formulas and scales.

iDoctus is founded by two Spanish entrepreneurs trained at the Massachusetts Institute of Technology and Stanford University, Ángel Diaz and Luís Canizo, the latter being responsible for operations, as well as co-founder. Each of them controls 50% of the company.

The startup currently has a network of 480,000 doctors in Spain and Latin America, of whom 160,000 are from the Iberian country

The company has offices in Madrid, Barcelona and Mexico, the latter covering several Latin American countries. To date, iDoctus has invested $5.9 million (€5 million) in technology development and the platform. The company has a network of 480,000 doctors in Spain and Latin America. iDoctus also has the enGuardia app, launched in collaboration with the Spanish Society of Internal Medicine (Semi), so that doctors know what to do in urgent medical pathology.

This tool provides assistance to clinical physicians, those who specialize in adult patients from an integral point of view. This is a specialist who has extensive knowledge of different non-surgical medical specialties. enGuardia contains clinical, diagnostic, and treatment information on urgent pathology, with the aim of assisting the healthcare professional’s decision-making, especially during on-call and consultations.

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(Featured image by kamleshverm via Pixabay)

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Anthony Donaghue writes about science and technology. Keeping abreast of the latest tech developments in various sectors, he has a keen interest on startups, especially inside and outside of Silicon Valley. From time to time, he also covers agritech and biotech, as well as consumer electronics, IT, AI, and fintech, among others. He has also written about IPOs, cannabis, and investing.