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Published byElijah Jennings Modified over 8 years ago
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MedHerance MedHerance – Confidential and Proprietary
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Problem Statement Compliance with asthma management plans is low – Patients overuse Albuterol instead of their preventer – Getting the right balance of preventer and Albuterol is difficult Currently, there is no readily available solution that tracks the physiological response to Albuterol use MedHerance – Confidential and Proprietary
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Sam has Asthma MedHerance – Confidential and Proprietary
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Sam’s Parents Are Worried How will we manage Sam’s asthma, especially now he’s starting school? MedHerance – Confidential and Proprietary
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Proposed Solution By detecting changes in Heart Rate associated with Albuterol use, we can quickly inform caregivers and PCPs about poor asthma management MedHerance – Confidential and Proprietary
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MedHerance Inhaler Management System + Albuterol MedHerance – Confidential and Proprietary
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Sam Uses His Inhaler At School We track how many doses he takes What times of day he uses his inhaler We determine if his use is increasing MedHerance – Confidential and Proprietary
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Sample Report: Sam’s Inhaler Use Mon 9/15 6am9am 12pm 3pm 6pm9pm12am3am Tue 9/16 Wed 9/17 Thu 9/18 Fri 9/19 Sat 9/20 Sun 9/21 Warning! MedHerance – Confidential and Proprietary
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Initial Market Opportunity: Consumer 9 million kids with asthma in the USA alone 80% of children with asthma take Albuterol Pricing $10/month (based on comps) Market size $720M in USA alone MedHerance – Confidential and Proprietary
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Opportunity: Providers and Payers 1.8 million ED visits annually 15-54% of hospitalizations for asthma are preventable Avg cost of ED visit for asthma ~$2100 Preventable costs ~$500million MedHerance – Confidential and Proprietary
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Competitive Analysis GeckoCap – Smart Cap for inhaler – $60 upfront + $10/month Propeller Health – Smart Cap for inhaler (FDA approved) – $14.5M Series B MedHerance advantage – Monitor physiological response – Use pre-existing hardware (no upfront purchases) MedHerance – Confidential and Proprietary
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Proof of Concept (MVP) MedHerance – Confidential and Proprietary
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Next Step: Further Validation Create app for Samsung Gear Fit wearable – Collect data from Asthma patients – Analyze data to develop analytics algorithms MedHerance – Confidential and Proprietary
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Other Use Cases Arrhythmia (heart rate) Beta-blocker adherence (heart rate) Diabetes (glucometry) Smoking Cessation (heart rate & pulse oximetry) MedHerance – Confidential and Proprietary
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Team Tara Mac Aulay, Pharm D– Pharmacist Asim Qadir, MBA – Healthcare Mobile Development Frank Wang, PhD – Stanford Biodesign Fellow Amit Agarwal – Marketing Victor Chen, PhD – Engineer Saumya Garg – Biomedical and CS MedHerance – Confidential and Proprietary
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We Notify Sam’s Parents and PCP Analytics Identify: Abnormal events Notify: Real time/ Weekly reports MedHerance – Confidential and Proprietary
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