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MedLock is a simple device that stops prescription drug thiefs, curious teenagers, and little children from getting into your medications.

  • Stage Prototype Ready
  • Industry Medical Devices and Equipment
  • Location Provo, UT, USA
  • Currency USD
  • Founded January 2013
  • Employees 1
  • Website

Company Summary

MedLock provides a series of prescription drug lock systems. The devices provide two key benefits, mainly, they deter theft and act as an early tampering detection system. Partnerships and support include multinational Glaxo Smith Klein, major US pharmacy distributors, and major US promotional product distributors. MedLock is patent pending, does not need FDA approval, and is scheduled for launch June 2013. Our goal is to save 100 lives in 2013.


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    Bryce Craig

    Bryce has successfully designed and launched dozens of products that have sold millions of units across the world. He has deep experience working with retailers like Wal-Mart, securing intellectual property, and has traveled the world working with factories in Asia, Mexico, and America to bring products to market—fast. Bryce will finish his full time MBA at Brigham Young University this April.

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    Spencer Clawson

    Spencer draws from over four years of M&A advisory experience in New York across industries including healthcare, chemicals, and manufacturing. He has raised capital for an early stage web startup, acts as Managing Director of Cougar Capital (BYU’s student run venture fund), and recently took a role at a venture firm in Salt Lake City. Spencer will finish his full time MBA at BYU this April.

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    Tom Peterson
    Faculty Advisor

    After completing his MBA at Harvard Business School, Tom Peterson launched his successful career in commercial real estate. He now spends his time as an active investor in various types of businesses, and currently teaches entrepreneurship courses at BYU with specific focus on business formation and tech commercialization strategies.


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    Camden Robinson, Vancott, Salt Lake City
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Previous Investors

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