7. Moving the Needle
Heart
Attack, ICU
Admission, Loss of
Productivity.
Screening for Risk
Factors
Lipid Panel & Glucose
.
DEATH
or
REHAB
.
Healthy
Lifestyle
.
Developin
g
Countries
8. Biomarkers for Cardiovascular
Disease
Lipid Panel
Contains LDL (“Bad Cholesterol”)
Glucose
Diabetics 2 to 4 times higher risk for developing CVD
High Sensitive C-Reactive Protein (HS-CRP)
Indicator for inflammation
New indicator for Cardiovascular Disease
9. JUPITER Trial
Conducted by Dr. Ridker at Brigham and
Women's Hospital
Found that HS-CRP is an earlier indicator
for CVD than LDL
Trial was sponsored by AstraZeneca
11. Why use 3TC?
Device Name Triple Threat
Check
CardioChek
Plus
Alere
Cholestech
LDX
Walk in Clinic
Testing
Lipid Panel
Glucose
High Sensitive
C-Reactive
Protein
Portable
Accuracy
Results Within
5 Minutes
Price $750 $980 $2600 $90 - $120 (Per
Individual)
13. “ A device like this would revolutionize medical care
in third world countries we could save countless lives
when we visit villages where the nearest hospital is
hours away ”
Dr. Jason Moore – Emergency Physician, DMC
14. Potential Market
Total Potential Market: 500,000 Customers
Primary Care Providers
Clinics/ Hospitals
Non-Governmental Organizations (NGOs)
Retail Pharmacies
Potential Patients: Entire Population
16. Marketing and Sales Strategy
Triple Threat Check
Marketing
Strategy
Online
Marketing
Endorsements
through Leaders
Medical
Journals/ Case
Studies
Conferences
and Trade
Shows
Sales Strategy
* Consists of
Sales Force
Retail
Pharmacies
Healthcare GPOs Online
19. Pricing Strategy
COGS of 3TC: $150
Price of 3TC: $750
COGS of Set of 3 Test Strips: $0.75
Price of Set of 3 Test strips: $7.50
20. Financial Discussion: Operational
Highlights
The following assumptions are as follows:
Total Market Potential: 500,000
0.15
0.45
1.35 4.05
12.15
87.85
Available Market
Year 2
Year 3
Year 4
Year 5
Year 6
Competitors' Market Share
Operational Highlights
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Market Capture 0.00% 0.15% 0.45% 1.35% 4.05% 12.15%
Number of Customers 0 250 750 2,250 6,750 20,250
Number of Devices Sold 0 750 2,250 6,750 20,250 60,750
Revenue from Devices $0.00 $562,500 $1,687,500 $5,062,500 $15,187,500 $45,562,500
Number of Test Strips 0 93,750 337,500 1,350,000 5,062,500 18,225,000
Revenue from Strips $0.00 $703,125 $2,531,250 $10,125,000 $37,968,750 $136,687,500
Total Revenue $0.00 $1,265,625 $4,218,750 $15,187,500 $53,156,250 $182,250,000
Number of Employees 3 5 12 40 60 80
21. Financial Discussion: Financial
Highlights
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
Total Revenue $0.00 $1,265,625 $4,218,750 $15,187,500 $53,156,250 $182,250,00
0
Interest on the Loan at
15%
$0.00 $0.00 $681,000 $681,000 $681,000 $5,523,000
Total Expenses $2,860,000 $1,672,656 $4,204,438 $10,584,125 $23,688,813 $62,994,750
EBITDA -$2,860,000 -$407,031 $695,313 $5,284,375 $30,148,438 $124,476,25
0
EBITDA % n/a -32.2% 16.5% 34.8% 56.7% 68.3%
Gross Profit -$2,860,000 -$407,031 $14,313 $4,603,375 $29,467,438 $119,255,250
22. Startup Expenses
Design/ Testing/ Validation
FDA Approval/ Proof of Concept
Product Awareness/Pre-Launch Program
Design/ Product Patent Filing
Product Design Engineer
Website Development
Programmers
Biochemist
Patent Attorney/ IP Lawyer
R & D
Royalty Payment
General Admin Expenses
Other Start Up Expenses
Manufacturing Costs
Payroll
$1,000,000
$200,000
$100,000
$25,000
$80,000
$5,000
$80,000
$80,000
$100,000
$450,000
$750,000
$163,000
$100,000
$780,000
$610,000
Total Preliminary Expenses $4,523,000
23. Future Plans- After Year 6
Reduce cost of Triple Threat Check
New Features- Data Collection, Data Analysis
Provide prescribed lifestyle plans to patients.
Expand to newly diagnosed diabetics - HbA1C
We plan to further diversify our product offering after
year 6.
25. Why Invest?
Solving a global problem profitably
Next big innovation in preventative
medicine
Significant Return on investment
Ambitious and Hard-Working
450 More People Died
During 15 Minutes
* Taken From World Health Organization
Editor's Notes
According to the American College of Cardiology, 80% of all deaths occur in low- and middle income countries.
-Take out the Caused By
-Some people find out too late
- Arnav
Rapid Turn-Around Time- Results are available instantaneously
Wireless Data transmission- The results are transmitted to the medical databases specific to the patient.
Marketed to Different Customer Base?
Might not want to include Diabetics as secondary market
AMA and CDC might not be valid people to sell it to.
Slide to say/ probably want to take out
Starting in the United States because US has the highest Health Care expenditures, Has the most stringent rules so once it is accepted in the US it is accepted globally.
How get FDA approval in 3 months.
We are innovating upon existing technology, therefore we can file for a 3 month FDA approval. We also looked at FDA fillings for CardioCheck which only took 3 months.
Mass production will result in lower price
More affordable
What if our product doesn’t work?
What is someone steals the product?
FDA
IF someone steals