Loli-Med Shark Tank Update – Shark Tank Season 18
Crystal Naoum and Ekhlas Khalaf pitched a sweet solution to a bitter problem faced by children.
Crystal Naoum and Ekhlas Khalaf appeared on Shark Tank Season 18, Episode 4, with a child-friendly medical dispenser with a candy on top to make medicine administration easier for parents.
The founders took advantage of their pharmaceutical backgrounds to develop this patent-pending solution.
Would Sharks relate with Crystal and Ekhlas’s invention to change the way children are given medication?
About Loli-Med
| Category | Details |
| Business Name | Loli-Med |
| Founders | Crystal Naoum and Ekhlas Khalaf |
| Product | Lollipop-shaped oral medication dispenser that attaches to a syringe |
| Industry | Healthcare / Medical Devices |
| Sales (Pre-Shark Tank) | Approximately $92,000 in lifetime sales |
| Investment Asked | $75,000 for 10% equity |
| Deal Status | Deal secured with Lori Greiner |
| Deal Outcome | $150,000 for 10% equity |
| Initial Valuation | $750,000 |
| Post-Deal Valuation | $1,500,000 |
Founders’ Backstory
Loli-Med was founded by two practicing pharmacists, Crystal Naoum and Ekhlas Khalaf, who saw the difficulty in administering medicines to children.
Crystal began working as a pharmacist at CVS Health in October 2021 and always had the urge to embark on an entrepreneurial pursuit. This became possible with Loli-Med.
Ekhlas Khalaf is an Iraqi immigrant who moved to the United States to work as a pharmacist.
After struggling to give her daughter medicine, Ekhlas drew on her professional pharmacy experience to develop a solution to this problem.
Product Overview
Loli-Med is a patent-pending, child-friendly medication dispenser to make administering liquid medicines easier for young children.
It features a candy on top of the dispenser. As a child sucks on it, the oral medicine gets pulled into their mouth, making the entire process easier and stress-free for parents.
Loli-Med Shark Tank Pitch
Crystal Naoum and Ekhlas Khalaf came to Shark Tank seeking $75,000 for 10% equity. They began by sharing a common problem experienced by parents across the globe: feeding oral medicine to children.
The founders showcased this tiny, easy-to-use device with a candy pop on top. After the pitch, Robert was more curious to know who that adult baby behind the founders was.
Crystal shared that it’s her husband, and Mindy added to the banter by replying: “I was wondering if he was taken!”
While the Sharks were trying the sample, Kevin O’Leary surprisingly remarked, “As you suck on it, the plunger moves up!”
Robert Herjavec was curious to know what happens once the child runs out of candy. The founders said they’re currently in the process of producing a replaceable head option with 12 candy inserts.
Additionally, the founders are in the process of filing a utility patent that not only covers candy but also other treats like chocolate, ice cream and gummy bears.
Since December 2025, the company has generated $92,000 in lifetime sales and $66,000 in profit.
The three-pack costs the company 76 cents to make, including shipping. It is sold for $12.99 and at a wholesale price of $5.99. Hearing this, Kendra Scott replied, “Margins, I love these margins!”
What Makes Loli-Med Unique?
Loli-Med is a kid-friendly dispenser with a candy head on top to help parents administer oral medicines easily.
- Simple to use: The product doesn’t require any complicated attachments or moving parts. Just the oral medicine needs to be inserted at the bottom of the dispenser.
- Reusable: The dispenser will soon be reusable, as the company plans to introduce replaceable candy heads to avoid the hassle of buying a new one during a medicine course.
Did Loli-Med Get a Deal on Shark Tank?
Before giving an offer, Robert wanted to know why they even need a Shark.
Crystal replied that their goal was to launch this product in big-box pharmacy stores and could significantly benefit from the Sharks’ connections.
Mindy Kaling said that there’s a huge benefit to branding with the product. She explained the founders can partner with companies to advertise children’s movies, products, etc to further boost revenue.
Robert said he was extremely interested but would like to partner with other Sharks. Lori and Mindy joined Robert in offering a combined deal of $150,000 for 15% equity.
Kendra Scott chimed in with the goal of building a brand and getting it inside every big-box pharmacy brand. She offered $150,000 for 10%.
Lori Greiner said she could get this product into Walmart, Target & Kroger easily, to which Kendra replied: “You’ll see my face right when you walk into Target.”
Even after receiving such handsome offers, the founders wanted to hear Kevin’s offer.
Kevin shared that he had just witnessed an erosion of value for investors as the competing offers were not in line with the company’s financials.
Then the founders asked if the other four could present a joint offer, to which Lori replied that it would result in more equity.
Between the back-and-forth confusion, Mindy decided to go out as she sensed a bit of indecisiveness from the entrepreneurs and would be a fan from afar.
The founders kept expressing interest in Lori, who made an individual offer of $150,000 for 10% equity.
Crystal and Ekhlas immediately accepted Lori’s offer, while Robert sat with a comically shocked and betrayed expression.
Loli-Med Shark Tank Update
After the Shark Tank appearance, Loli-Med received significant public attention.
However, there is no official commentary about the deal with Lori, sales and other key financial and social metrics.
Where Can You Buy It?
Loli-Med products can be bought directly from their official website. They are also available on Amazon and Walmart.
For updates and the company’s expansion plans, follow them on Instagram.
Quick Summary
- Loli-Med entered Shark Tank with a child-friendly medical dispenser with a candy on top to make medicine administration easier for parents.
- The founders, Crystal Naoum and Ekhlas Khalaf, came in seeking $75,000 for 10% equity.
- The company accepted Lori Greiner’s offer of $150,000 for 10% equity.
