mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health...
-
Upload
levi-shapiro -
Category
Healthcare
-
view
905 -
download
0
Transcript of mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health...
![Page 1: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/1.jpg)
1 Nov, 2015
Israeli Digital Health: Investors PerspectiveLevi Shapiro, Founder, mHealth Israel
![Page 2: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/2.jpg)
mHealth Israel: Join Our Community
2
Open source database of 250+ funded mHealth co’s
Pavilion: HIMSS and ATABi-annual conferences:June (Jerusalem); Feb (Tel Aviv)
Monthly Meetups
![Page 3: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/3.jpg)
Agenda
3
Triggers for Digital Health Investment
Israel- Venture Capital Background
Israel Health Sector
Israel Digital Health Investment
![Page 4: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/4.jpg)
Theme I: Regulatory Trigger (Obamacare)
4
![Page 5: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/5.jpg)
Theme II: Consumerization of Healthcare (Walgreens, CityMD, etc.)
5 Source: RockHealth
![Page 6: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/6.jpg)
Theme III: Personalized Medicine + Portability & Sharing of Health Information
6 Source: RockHealth
![Page 7: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/7.jpg)
Thesis: 3rd Wave of Digital Health Investment
Wave IRemote Telemedicine
Wave IIEnterprise Software
Wave IIIConsumerization of Big Data
TriggerObamacare, 2009
Example: SHL; Nataliacquired by Jinpeng-Sanpower 2014, ~$100M
dbMotion -acquired by Allscripts 2013, $235MAeroScout -acquired by SBD 2012, $240MiMDSoft -acquired by TPG 2012, $80M
250+ Israeli digital healt startups Sensors, applications, big-data, machine-learning, AI, etc
![Page 8: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/8.jpg)
Thesis: Big Data, Personalized Medicine- In Your Pocket
8
![Page 9: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/9.jpg)
Investment Thesis: Migration of Spending to Preventitive Solutions
9
![Page 10: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/10.jpg)
Investment Thesis: Aging Population
10
![Page 11: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/11.jpg)
Investment Thesis: Optimal Period for Wearables Investment Has PASSED
11
![Page 12: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/12.jpg)
Late for Wearable Investments
12
![Page 13: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/13.jpg)
Agenda
13
Triggers for Digital Health Investment
Israel- Venture Capital Background
Israel Health Sector
Israel Digital Health Investment
![Page 14: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/14.jpg)
Haifa
Herzliya
Tel Aviv
Jerusalem
Factors Enabling Israel’s Unique Healthcare Ecosystem
Rehovot
Yokneam
Beer Sheva
Petach Tiqva
• Seven university-associated and five hospital-linked technology transfer organizations (TTO) provide a valuable bridge to connect researchers and early-stage projects with both investors and partnerships with multinational corporations.
• The technological incubator network houses up to 15 companies each and provides them with a full suite of services and business development, as well as funding of approximately $500,000 for the first 2-3 years of their lives.
State
Industry
Academic & med institutions
VCs , Accelerators Angels &IncubatorsSkilled
Workforce
Start ups
Total of 6,019 companies1,159 IT &enterprise SW
1,018 Life Science StartupsOut of which 550 in Medical Devices and
210 in Digital Health
PowerOf
DistanceDynamicOpen
Culture
Informal yet Efficient
Society
Strong connections
Direct Feedback
![Page 15: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/15.jpg)
Building Block I: R&D Allocation
15
Country Rank 1st 2nd 3rd 4thBusiness expenditure on R&D Israel Korea Japan Finland
Total R&D Personnel in Business Per Capita
Israel Taiwan Luxemburg Denmark
Total Expenditure on R&D Korea Israel Finland Sweden
Nobel Prizes Per Capita Switzerland Norway Israel Sweden
Funding for technological development
Finland USA Singapore Israel
Development and application of technology
Finland Singapore Switzerland Israel
Population: 8 M NL: 17M, MA: 7 MGDP (nominal) per capita: 38K$ NL: 52 K$ IT: 35 K$Unemployment rate: 5.9 % US: 5.8 % IT: 12.6 %Human Dev. Index (Life expt., school, GDP)
#19 (out of 187) NL: #4, US #5, UK #14, IT #26)
![Page 16: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/16.jpg)
R&D Encourages Higher Quality Innovation
16Level of Innovation
Qua
lity
of S
cien
tific
Res
earc
h
![Page 17: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/17.jpg)
Building Block II: Skilled Workforce
17
Proportion of Population with Bachelors Degree Among Life Sciences Hubs
![Page 18: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/18.jpg)
Building Block III: International R&D Centers Are a Lifeline for Local Tech Industry
18
![Page 19: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/19.jpg)
CASE STUDY: SAMSUNG + Digital Healthcare
19
![Page 20: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/20.jpg)
Agenda
20
Triggers for Digital Health Investment
Israel- Venture Capital Background
Israel Health Sector
Israel Digital Health Investment
![Page 21: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/21.jpg)
Israeli VC Funds: More Money Flooding into the Market
21
Three Key Ingredients of Israel Success
Israel Venture Industry
Israel Health Sector
Israel Digital Health Investment
IVC, 2014
![Page 22: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/22.jpg)
Total Annual Exits: Trended
22 PWC, 2014
![Page 23: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/23.jpg)
Proportion of IPOs to M&A
23 PWC, 2014
![Page 24: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/24.jpg)
Agenda
24
Triggers for Digital Health Investment
Israel- Venture Capital Background
Israel Health Sector
Israel Digital Health Investment
![Page 25: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/25.jpg)
GDP Allocation: 7.5% VS 18% of GDP
25
![Page 26: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/26.jpg)
Health in Israel: Relatively Good Outcomes
26 OECD, 2012
![Page 27: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/27.jpg)
CVD Mortality in Israel
27 OECD, 2011Israel Ministry of Health, 2013
Ischemic Heart Disease, Mortality Rates
![Page 28: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/28.jpg)
Comparatively Efficient Health System Optimization
28 Israel, MOH; OECD
![Page 29: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/29.jpg)
Factors That Drove Israel Toward Prioritizing Digital Healthcare Adoption
29
Multi-Morbidity
Aging
Complexity
Resources Shortage
![Page 30: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/30.jpg)
HMOs bring 24 YEARS of universal, longitudinal EMR data that startups can access
30
Example from Clalit, largest HMO with 54% market share
![Page 31: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/31.jpg)
International Recognition: OECD
31
“ Israel’s community‐focusedinformation system sets aninternational benchmark inexcellence and demonstratescommitment to quality monitoringand improvement. ”
OEDC Report, 2012
![Page 32: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/32.jpg)
Agenda
32
Three Key Ingredients of Israel Success
Israel Venture Industry
Israel Health Sector
Israel Digital Health Investment
![Page 33: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/33.jpg)
Israel Life Sciences Industry by Sub-Sectors
33 IATI, 2015
![Page 34: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/34.jpg)
Source: mHealth Israel Database
140
![Page 35: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/35.jpg)
Source: mHealth Israel Database
28
![Page 36: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/36.jpg)
2014 FASTEST GROWING DIGITAL HEALTH CATEGORIES
36 Source: mHealth Israel Database
![Page 37: mHealth Israel_Israeli Digital Health-:An Investors Perspective_Medica Connected Health Conference_2016](https://reader035.fdocuments.in/reader035/viewer/2022062823/586fb9791a28abe57d8b8459/html5/thumbnails/37.jpg)
mHealth Israel Database Breakouts
37