Bio Farma X MIT Hacking Medicine

The Bio Farma x MIT Hacking Medicine hackathon will bring together people from technology and healthcare backgrounds to work on innovative solutions to real problems in Bali, February 2023.

August 24-27, 2023

Date

Bali, Indonesia

Place
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About

Bio Farma, The Pharmaceutical SOE Holding

The Pharmaceutical SOE Holding was formed on January 31, 2020, consisting of PT Bio Farma (Persero), PT Kimia Farma Tbk, and PT Indofarma Tbk. In 2021, PT INUKI also joined the holding company. Each members of the Holding have different business focus : PT Bio Farma (Persero) focuses on life science business, PT Kimia Farma Tbk focuses on medicine business, PT Indofarma Tbk focuses on herbal and medical device business, and PT INUKI operates in the nuclear technology industry. The purpose of Pharmaceutical SOE Holding establishment is to strengthen the national pharmaceutical industry independence, increase national product availability, and create joint innovations in supply of pharmaceutical products.

biofarma
biofarma
About

MIT Hacking Medicine

MIT Hacking Medicine has facilitated hackathon events in nearly a dozen countries and multiple U.S. states. It aims to energize the healthcare community and accelerate medical innovation.

MIT Hacking Medicine routinely collaborates with prominent organizations and corporations, such as The Kauffman Foundation, Massachusetts General Hospital, Emergency Nurses Association, Pfizer, Microsoft, Samsung, GE, Merck, and AthenaHealth. The group has also been featured in top media outlets such as SXSW, The Wall Street Journal, Slate, and Wired.

Journey

Hackathon Journey

1

Collaborate to generate ideas with other participants

2

Hack the problems and create the solutions

3

Receive feedback from mentors

4

Present your solution to the judging panel

5

Winners and runners-up announcement

Agenda

Hackathon Agenda

Day 1-2 Agenda

1.

Registration

Registrants will be shortlisted into 100 participants per track, for a total of 200 participants
2.

Introducing Bio x MIT Hacking Medicine

Speakers : Chief Transformation and Digital Officer of Pharmaceutical SOE Holding, MoH, MoSOE, founders and Chief levels of startups
3.

Team Formation

4-7 people per team
4.

Hackathon Day 1 Start

48 hours of hacking

Agenda Day 3

1.

Judges

Internal, Government and Private Sector
2.

Gala Dinner

Agenda Day 4

1.

Conference

Full day event. The speakers are Stakeholders, SOE’s, Private Sectors
2.

Digital Expo

IT, Healthcare and Business Exhibition
3.

Workshop

IT, Healthcare and Business Workshop (Parallel)
4.

Networking Dinner

Welcoming and entertaining Hackathon participants

Day 1-2 Agenda

1.

Registration

Registrants will be shortlisted into 100 participants per track, for a total of 200 participants
2.

Introducing Bio x MIT Hacking Medicine

Speakers : Chief Transformation and Digital Officer of Pharmaceutical SOE Holding, MoH, MoSOE, founders and Chief levels of startups
3.

Team Formation

4-7 people per team
4.

Hackathon Day 1 Start

48 hours of hacking

Agenda Day 3

1.

Judges

Internal, Government and Private Sector
2.

Gala Dinner

Agenda Day 4

1.

Conference

Full day event. The speakers are Stakeholders, SOE’s, Private Sectors
2.

Digital Expo

IT, Healthcare and Business Exhibition
3.

Workshop

IT, Healthcare and Business Workshop (Parallel)
4.

Networking Dinner

Welcoming and entertaining Hackathon participants
Hackathon Track

Upstream

Pharmaceutical & Biotechnology

The Pharmaceutical SOE Holding, Bio Farma Group (including Kimia Farma and Indofarma) is experiencing an overstock of products worth 74 million USD, including vaccines, drugs, and medical devices.However, despite this overstock, customers often experience shortages of their requested products. The Group’s supply chain data is currently neither properly streamed nor uniformly calculated, making it difficult to identify the root cause of the problem.

Any kind of disruption in the supply chain could lead to a domino effect, leading to unavailabity of products downstream.

Downstream

Healthcare Providers & Retailers

In Indonesia's e-retailing landscape, no healthcare player is currently offering a comprehensive end-to-end solution. There are still gaps in the business models of existing players; and significant opportunities to optimize sales in existing outlets by improving the supply chain, packaging, and the online-to-offline experience for customers and patients.

Most players currently also do not address the need for continuity of care. Similarly, while Kimia Farma Mobile, the Kimia Farma mobile application, currently has a strong presence in e-pharmacy retail, it does neither address the need for continuity of care nor strengthen the online-to-offline experience.

Participants

Participant Roles

200 international participants, from all across G20 countries and ASEAN member states

Business Strategists

Designers

Healthcare Professionals

Customers / Patients

Entrepreneurs

Developers

Participant
Winners

Prize for the Winners

16,000 USD Total Prize

The top 3 teams will be rewarded with:

Funds and cloud vouchers worth a total of 10,000 USD
Sponsored implementation of their projects as a pilot
Total funding of 6,000 USD

Flight to Boston

Outstanding Participants

A golden ticket to Boston including a flight worth 5,000 USD
Partners

Our Partners are Indonesia’s topmost healthcare and digital Organizations & Companies

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