“BEST OF EUROPEAN HEALTHCARE INNOVATIONS” · 2020-03-22 · Healthcare Systems The Problem:...
Transcript of “BEST OF EUROPEAN HEALTHCARE INNOVATIONS” · 2020-03-22 · Healthcare Systems The Problem:...
GROWTH STAGE MEDICAL DEVICE COMPANY TREATING INTESTINAL TRANSIT DISORDERS WITH A
PURELY PHYSICAL, NON-DRUG, NON-INVASIVE SOLUTION.
“BEST OF EUROPEAN HEALTHCARE INNOVATIONS”
250 Million People in EU & USA
€100 Billion Annual Cost to Healthcare Systems
The Problem:
Chronic Constipation
Those who suffer the most
80% of Neurogenic Patients (SCI, MS, PD)
50% of Elderly People
Neurogenic Patients (SCI, MS, PD)
Elderly People
SIDE EFFECTS
Fecal Incontinence
Fecal Impaction
and many others…
Colorectal Cancer
Those who suffer the most
Pharmaceutical
Invasive
Where are our competitors? Opportunity gap
Price
Side Effects
~1000€/year
Laxatives ~2300€/year
Enemas
non-pharma non-invasive no-side-effects
Surgical Solutions
>35.000€
Liu et al. Journal of Neurology 2005
Ayaş et al. Am J Phys Med Rehabil. 2006
“Automated Abdominal Massage”
Automated Colon Specific Massage
ALGORITHM DEVELOPED IN COLLABORATION WITH
Non-pharma, non-invasive, no-side-effects
Lightweight Belt w/ pneumatic technology Our first product
connectivity and APP development in progress
2-3 per week
12
10
8
6
4
2
PRE-USE POST-USE
DAILY
BOWEL MOVEMENTS
treatment works! Positive clinical results
Herrero-Fresneda et al. EUGMS 2016
“METHOD AND APPARATUS FOR AUTOMATED ABDOMINAL MASSAGE
TO RELIEVE CONSTIPATION”
Protected Intellectual Property PCT/IB2015/001576
How big is this opportunity?
150M People
- 90B €
ADJACENT MARKETS Opioid-Induced Const. OTC-Health
TAM: EU & USA Neuro & Elderly 120 Million People 204 Billion €
SAM: EU Neurogenic Bowel 4 Million People 6.8 Billion €
TM: Germany Neurogenic Bowel 0.5 Million People 850 Million €
€ 850 M
€ 6.8 B
€ 204 B
Market Size
Multidisciplinary Experts The Founder Team
Marc CRMO
Immaculada CSO
Angel CTO
Markus CEO
MSc Product Design
PhD Telecom. Engineer
PhD Microbiology
PhD Biomed. Sciences
Multidisciplinary Experts The Founder Team
Marc CRMO
Immaculada CSO
Angel CTO
Markus CEO
+ Employees + Intl. Advisory Board + Medical KOL
Funding so far
raised € 2,6 Million so far
in private and public funds
17
Funding Needs Strategy
Working capital
33% 29% 16% 14% 8%
Clinical budgets
Marketing & Biz Dev
Regulatory and IP
General expenses
SERIES A – 2020 Focus: MAIN EU REIMBURSED MARKETS Funds deployed:
€ 1,630,000
SERIES B – 2022 Focus: US MARKET ENTRY OTC MARKET Funds deployed: € 5,000,000
Purely physical - non-pharma - non-invasive
Product developed & on the market CE & ISO certified IP protected Clinical proof Proof of business with first sales in ES, GER, UK & NL Distributor agreements & pipeline Private healthcare reimbursement Confirmed M&A interest by industry players Clear Roadmap Public healthcare reimbursement in Germany (mid 2020) & UK (early 2021)
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Investment Highlights Milestones