2013 01-22 NYCEDC eLab presentation

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2013 01-22 NYCEDC eLab presentation

  1. 1. NYCEDC eLab Presentation 2013-01-22 Image Reading Center, Inc. Mark Punyanitya Rodney Agayan
  2. 2. OUR TEAM •  Mark Punyanitya, Founder CEO –  Columbia University Medical Center, Biomedical Engineer –  Applied Physiology @ Columbia, Applied Clinical Trials @ NYU –  From Idea to IPO: The Technology Venture Course @ NYAS •  Rodney Agayan, PhD, CTO –  Columbia University-BME Dept, Postdoctoral Research Scientist –  Applied Physics Electrical Engineering @ U Michigan •  Ali Ardati, PhD, Scientific Director –  Sanofi, Head-Quality of life-Pain and Urology, Therapeutic Scientific Unit-Aging –  Molecular Biology @ Université de Montréal •  Joyce Ehrlich, Business Development –  Keap Street Advisors, LLC, Founder –  Public Health Administration @ NYU, Epidemiology @ Columbia •  Research Staff: –  Administrative, Project Management, and ScientificPresented to NYCEDC, 1/22/13 2
  3. 3. OUR STORY •  Over 15 years of Academic Research •  Develop, Validate, and Implement •  National International Multi-Center Trials •  Project Management and Problem SolvingPresented to NYCEDC, 1/22/13 3
  4. 4. THE PROBLEM •  Scientific Expertise is not Technical Expertise •  Clinical Investigators, Research Nurses, Study Coordinators •  Very little QC or technical oversight •  Conventional training: 10%-50% of imaging data may be rejectedPresented to NYCEDC, 1/22/13 4
  5. 5. OUR SOLUTION •  Virtual Imaging Lab: Compliance   Documentaon   Learning,  Training,  Tesng   •  Cloud Based Image Transfer: Imaging   • Acquision   Cloud   • Protocol   • Documents   • Accessibility   Facility   • Upload   Plaorm   • Technical   IRC   • Human  QC   Sponsor   • Metrics  Presented to NYCEDC, 1/22/13 5
  6. 6. THE MARKET •  $37 billion for clinical trials outsourcing •  Unnecessary procedures and amendments cost over $5 billion per year •  Revenue in the applied research services is at $267,000 per employee. Presented to NYCEDC, 1/22/13 6
  7. 7. THE MARKET Clinical Trial Image Medical Image Analysis Management (in  Billions)   (in  Billions)  2.5   2.4   2.5   2   2   1.7  1.5   1.5   1.3   1   1   0.6  0.5   0.5   0   0   2012   2017   2010   2016  Presented to NYCEDC, 1/22/13 7
  8. 8. THE COMPETITION Presented to NYCEDC, 1/22/13 8
  9. 9. OUR CLIENTS COLLABORATORS Presented to NYCEDC, 1/22/13 9
  10. 10. POTENTIAL REVENUE •  •  Academic Investigators: –  Collaborator/Consultant for Proposals –  Subcontractor/Vendor for Awards •  •  Industry Sponsors (Biotech/Device/Pharma): –  Partnered RD for New Methods –  Vendor for New Technology ImplementationPresented to NYCEDC, 1/22/13 10
  11. 11. Thank you! Presented to NYCEDC, 1/22/13 11

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