Innovimed is a MedTech consultancy for manufacturers entering emerging markets. We find and vet distributors, set up partnerships that keep stock and cash moving, and work with local authorities and public buyers alongside your partner.
Our hubs and the regions they support. Drag to turn.
3 hubs
Madrid, Warsaw, Dubai
8 regions
Across emerging markets on four continents
One team
From distributor search to day-to-day management
Where are you today?
In emerging markets the product is rarely the problem. Entries struggle because of the partner, the stock, the cash or the buyer. Start from where you are.
Four services, used on their own or together, covering a distributor partnership from the first search to day-to-day management.
Distributor search and selection
We map who already sells to the hospitals you want to reach, then test each candidate on what matters: customer relationships, sales and service teams, warehousing, finances and the portfolio they carry today.
What’s included
Market and channel mapping
Site visits and hospital references
Financial and reputational checks
Contract terms, exclusivity and exit clauses
Partnership set-up
Most distributor problems start in the first contract. We agree a joint business plan with your partner, with targets, pricing and margins, payment terms and an order process both sides can live with.
What’s included
Joint business plan and targets
Pricing and margin structure
Payment terms and credit limits
Forecasting and order rhythm
Distributor management
We run the partnership with you month by month. We track what reaches hospitals, not just what is ordered, and keep stock levels, expiry dates and payments under control before small issues become disputes.
What’s included
Monthly sell-out and stock reviews
Cashflow and receivables tracking
Expiry and slow-moving stock plans
Performance plans, or a managed change of partner
Local authorities and public buyers
In many emerging markets, public hospitals and procurement agencies decide what is bought. We build working relationships with them and help your distributor prepare for tenders well ahead of deadlines.
Six questions, about two minutes. You’ll get a score and the first things we would look at with you. Nothing is sent anywhere unless you choose to email us.
A score out of 12 for your partnership
The three things we would look at first
A summary you can send us in one click
Question 1 of 6: Sell-out visibility
Do you see what your distributor sells to hospitals each month?
How we work with you
We stay with a market from the first assessment through the years of running it, so the partner you choose is managed by the people who chose them.
1
Assess the market
Who buys, how they buy, who already supplies them and which channel fits your product and price point.
2
Find the partner
A long list, site visits, hospital references and financial checks, narrowed to a shortlist you can meet.
3
Set up for stock and cash
Contract, targets, margins, payment terms, forecasts and order rhythm, agreed before the first shipment.
4
Manage and grow
Monthly reviews of sell-out, stock and payments, joint tender planning and meetings with local authorities.
Once the partnership is running, we review the same few numbers with your distributor every month. This is what that review looks like.
Exhibit 1
What we review with every distributor, every month
Sell-in and sell-out
82 / 48
Orders to youSales to hospitals
6 months agoThis month
Orders are running ahead of hospital sales. The gap is stock sitting in the channel.
Stock cover
18 weeks
Target 8 to 12 weeks
6 months agoThis month
Cover has drifted past twelve weeks. Reduce the next order and check expiry dates.
Days to payment
91 days
Agreed terms, 60 days
6 months agoThis month
Payments are slipping past agreed terms. Agree a credit limit before the next shipment.
Public tenders
Announced
5
Preparing
3
Submitted
2
Three tenders in preparation. Product samples and price approval are due before the next deadline.
Example figures for a single distributor, for illustration only. Hover over a chart or use the slider to move through the months.
Where we work
From our hubs in Madrid, Warsaw and Dubai we support manufacturers across emerging markets, close to the distributors and buyers in each region.
It depends on who pays for your product there, how they buy it and who already supplies them. We start every conversation by looking at those three things before talking about partners.
Should we give our distributor exclusivity?
Exclusivity can be the right incentive, but only with clear targets, a defined territory and a way out if the targets are missed. We help you agree terms that protect both sides.
Our distributor orders well but pays late. What should we do?
Strong orders with slipping payments often mean stock is building up in the channel. We look at sell-out, stock and receivables together and agree a plan before the next shipment.
How do we take part in public tenders?
Usually through your distributor, with your support on documentation, pricing and samples. The key is hearing about tenders early, which needs regular contact with the buyers.
When is it time to change distributor?
When a performance plan has been agreed and still is not met. Changing partner is disruptive, so we plan the handover of customers, stock and service carefully to keep hospitals supplied.
Planning a new market? Let’s talk it through.
Write to us about the market you have in mind. We’ll set up a call to discuss the opportunity, the distributor landscape and what a realistic entry would look like.
Answer a few questions and we’ll have what we need to prepare for the call.
Your message
Hello Innovimed,
We are looking at [target countries] for [our product].
Where we are now: [current situation].
Timing: [when we would like to be selling].
Could we set up a call to talk it through?