4. Focused Ultrasound
Early stage, revolutionary, noninvasive therapeutic technology
Alternative or adjunct
Surgery
Radiation therapy
Drug delivery
Transform treatment
Benign and malignant tumors
Metastatic cancer
Parkinson‟s disease & epilepsy
Back pain, hypertension
5. Early Stage
MR 30 years ago
Unknown
Revolutionized diagnoses
Affects everyone
Focused Ultrasound today
Unknown; “Medicine‟s Best Kept Secret”
As important to therapy as MR is to diagnoses
In 10 years, may affect everyone
Infancy
Not science fiction
Real today
8. Uterine Fibroid
Hysterectomy
Major surgery
General anesthesia
Painful
Hospitalization
6 weeks recovery
Side effects
No more children
Focused Ultrasound
Noninvasive, no incision
Conscious sedation
Minimal discomfort
Outpatient
1 day recovery
No side effects
Preserved fertility
12. Marriage of Two Innovative Technologies
Focused ultrasound
Treat tissue deep in body non-invasively
13. Marriage of Two Innovative Technologies
Magnetic resonance (MR) or ultrasound (US) imaging
Identify and target tissue to be treated
Guide and control treatment in real time
Immediate confirmation of effectiveness
15. Focused Ultrasound: The Principle
Multiple intersecting beams of ultrasound
Focused with extreme accuracy (1 mm diameter)
Target in body
• Individual beams pass harmlessly through adjacent tissue
• Profound effect at point of convergence
16. Effects at Focal Point
Thermal ablation
Histotripsy
Deliver drugs
Dissolve clots: sonothrombolysis
Radiation sensitization
Drug activity enhancement
Sonodynamic therapy
Coagulate blood vessels
Amplification of cancer biomarkers
Immunomodulation
Neuromodulation
Vasodilation
Vasoconstriction
Variety of effects, variety of disorders
Stem cell delivery
17. Destroy Tissue: Thermal Ablation
Heating any tissue to 130 F (56 C) for 1 second
Denatures proteins
100% cell death: normal and abnormal
18. Focal Drug Delivery
Deliver drugs in high concentrations
Precisely where needed, minimizing systemic toxicity
25. Focused Ultrasound vs Radiation
Single treatment
Immediate and verifiable effect
Greater precision and accuracy
Real time localization
No cumulative dose
No limitations on lesion size
No limitations on number of treatments
No secondary malignancies
100% cell death
Sharp margins
34. Potential Impact on Millions of People
Urgent need: widespread availability of focused ultrasound
Saving time, saving lives
Delay results in unnecessary death, disability and suffering
Countless individuals: friends, family, you
35. The Problem
Medical device development and adoption slow
Decades: concept to adoption as standard of care
36. Process, Complicated and Inefficient
Patient
advocacy
Evidence, safety,
efficacy, cost
Technology R&D
IP generation
and protection
Design,
engineering,
manufacturing
Pre-clinical
proof of concept
Regulatory
approval
Marketing,
sales, support
Training and
credentialing
Insurance
reimbursement
Physician and
Scientist education
Physician
advocacy
37. Organizations with Different Agendas
Patients
Academic research sites
Private philanthropy
Disease specific foundations
NIH
Venture capital, private equity
Industry
FDA
Insurers
Patient advocacy organizations
Medical societies
Treatment facilities
Physicians, numerous specialties
40. The Challenge
"There is nothing more difficult to take in
hand, more perilous to conduct, or more
uncertain in its success, than to take the lead in
the introduction of a new order of things."
42. Purpose of the Foundation
Development
Adoption
Millions
of Lives
Improved
43. Overview
Founded 2006
Catalyst to accelerate the development and adoption of FUS
Charlottesville based, global impact
Tax exempt, high performance, entrepreneurial
Market driven, action and results oriented
Essence of activities
Foster collaboration
Knowledge: create, aggregate, share
Model
Venture philanthropy, social entrepreneurship
Private funding bridges gap between research & treatment
44. Unique, Hybrid Organization
Device: platform technology
Variety of clinical indicators
Fulfill multiple roles
Focused Ultrasound Foundation
Medical &
Scientific
Society
Manufacturers
Trade
Association
Patient
Advocacy
Organization
Patient
Support
Organization
Research &
Education
Foundation
46. Mission
Accelerate development of new applications
Fulfill unmet critical medical need
Superior to best current therapies
Reimbursable
Widely available as standard of care
Accelerate adoption as standard of care
47. Culture
Patient centric
Uncompromisingly, passionately, obsessively committed to rapidly
improving quality of life
Catalytic, small, nimble, potent
Reputation, contagious enthusiasm and energy
Instill in others enthusiasm and energy to precipitate change
Entrepreneurial
Create reality from imagined future through human action
Accomplishments exceed assets available
Pioneering
Pursuit of excellence
Hard work, risk taking, innovation
48. Strategic Focus
It's all about the patients: saving time, saving lives
Litmus test of actions and expenditures
49. Positioning, Nexus of Organizations
Academic research sites
Venture capital,
Patients
Academic
private equity
Treatment facilities
research sites
Private philanthropy
Disease specific foundations
Industry
Insurers
NIH
Private
Disease specific
Venture capital, private equity
philanthropy
foundations
Industry
Insurers
FDA
Patients
Patient advocacy organizations
Patient advocacy
Medical societies
organizations
Treatment facilities
Medical societies
FDA
NIH
Physicians,
Physicians, numerous specialties
numerous specialties
51. Activities
Influence direction
Foster collaboration
Change behavior and policy
Create knowledge: clinical evidence, best practices & standards
Cultivate the next generation
Convene the community
Collect and disseminate information
Increase awareness: communications
Overcome barriers
52. Influence Direction
Define areas of clinical benefit
Prioritize indications
Market oriented approach
Segment to achieve natural advantage
Pick battles
Rapid success
53. Foster Collaboration
Rapidly achieve a critical mass of effort and knowledge
Approach
Stimulate innovation
Leverage intellectual capital
Coordinate activities, avoid duplication
54. Change Behavior & Policy
Amalgamate stakeholders into a cohesive ecosystem
Patient centric
Sense of urgency
55. Develop Evidence of Safety, Efficacy
Organize, conduct and fund research
Niche: translational, application > discovery
Preclinical, clinical, technical
High risk, early stage, broad impact
Iconoclastic model
Collaboration vs. individual glory
Patient centric vs. investigator centric
Commercially successful products vs. publications, grants, promotion
Programs, tightly managed, milestone driven
External award: investigator initiated
• Competitive, peer reviewed
Internal, Foundation initiated
• Brain, liver
• Contracts with academia, industry
56. Establish Best Practices, Set Standards
Research, training, patient care
Centers of Excellence: multidisciplinary luminary sites
Showcase for technology
Venue for collaboration
Partnership of academia, industry and the Foundation
57. Centers of Excellence
UVA Focused Ultrasound Center
Partnership
University of Virginia
Commonwealth of VA
FUS Foundation
InSightec and GE
Institute for Cancer Research, London
Partnership
Royal Marsden Hospital
FUS Foundation
Philips Medical
58. Cultivate the Next Generation
Educate clinicians and scientists
Fund fellowships and internships
59. Convene the Community
Organize and fund meetings, symposia, workshops
Exchange knowledge and ideas
Foster collaborations and partnerships
Foundation Organized
Foundation Supported
60. Collect and Disseminate Knowledge
Website
Newsletter
Journal
Collaborative Network
Social Media
70. Overcome Barriers
Regulatory: partner with FDA, bridge not a barrier
Pathway for new indications: preclinical & clinical studies
Reimbursement: obtain coverage & payment
Evidence of safety, efficacy, cost
Patient advocacy
Physician advocacy
71. Strategy
Leverage capital: Cofunding and funding, indirect costs, royalties
Best in class management practices
Transparency, accountability
Continuous quality improvement, policies, procedures, systems
Align vision, mission, strategy, organization, culture, resources
Prime the pump
Engage Foundations, Government, Industry, VC's
Assume functions of Foundation
72. Organization
Flat: flexible, responsive to market and technology shifts
17 Athletes, A-players
Unbounded, highly intelligent, highly educated
Healthcare professionals with over 140 years of experience
3 Ph.D.'s, 3 M.B.A.'s, 2 M.D.'s
Interns
Organized in teams
73. Portfolio of Programs
Research
Collaborative network
Educational fellowships
Meetings, symposia, workshops
Centers of Excellence
Regulatory
Reimbursement
Communications
Website
Newsletter
Online, open-source journal
Accelerate development
and adoption
74. Board of Directors…active, engaged, passionate
Neal F. Kassell, M.D.
Edward D. Miller, M.D.
Chairman, Focused Ultrasound Foundation
Professor, Department of Neurosurgery, University of Virginia
Former CEO, Johns Hopkins Medicine
Dorothy N. Batten
Frederic H. Moll, M.D.
Former Director, Landmark Communications
Co-founder, Intuitive Surgical
Co-founder and Executive Chairman, Hansen Medical
S. Morry Blumenfeld, Ph.D.
Steve H. Rusckowski
Founding Partner, Meditech Advisors Management
CEO, Quest Diagnostics
Former CEO, Philips Healthcare
Eugene V. Fife
Lodewijk J.R. de Vink
Founding Principal, Vawter Capital
Founding Partner, Blackstone Health Care Partners
John R. Grisham
Andrew C. von Eschenbach, M.D.
Author
Daniel P. Jordan, Ph.D.
President Emeritus, Thomas Jefferson Foundation, Inc.
President, Samaritan Health Initiatives
75. Academic and Corporate Relationships
S. Morry Blumenfeld, Ph.D.
InSightec, Shareholder
Neal F. Kassell, M.D.
InSightec, Shareholder
UVA, Faculty Member
Andrew C. von Eschenbach, M.D.
Histosonics, Director and Shareholder
76. Council
Purpose
Harness goodwill, increase awareness
Members
Passionate, enthusiastic advocates
•
•
•
•
•
•
•
•
•
•
•
•
Jane P. Batten (Co-chair)
Charles H. Seilheimer, Jr. (Co-chair)
John B. Adams, Jr.
Ellen Block
Edgar M. Bronfman, Sr.
Thomas N. & Nancy J. Chewning
Norwood & Marguerite Davis
Diane Heller
Cecelia S. Howell
Dean L. Kamen
Robert Khayat, Ph.D.
Shirley Lin, Ph.D.
•
•
•
•
•
•
•
•
•
•
•
•
Amanda Megargel
Michael Milken
Paula Newcomb
Wyndham G. Robertson
Mary Lou Seilheimer
Alice H. Siegel
Aaron Stern, M.D., Ph.D.
Howard & Fredi Stevenson
Jack Syer
The Honorable Nicholas F. Taubman
Kitchie Tolleson
Linda K. Zecher
77. Resources – Financial Capital
Committed to date $54 million
62% from Individuals
24% from Corporations/Organizations
10% from Government
3% from Foundations
Next 3 years: invest additional $25 million
Research
Fellowships
Centers of Excellence
Regulatory & Reimbursement
Symposium, Website, Newsletter, Journal
78. Fund Raising Model
Patients are impatient
Target venture philanthropists
Rapid decisions
Results oriented
Staying power
Substantial capacity (value every dollar, every donor)
79. Value Proposition
Once in a lifetime opportunity
Investment with extraordinary return
Social not economic
Big idea, compelling story, noble cause
Perfect timing
Best in class management practices
80. Results – Accelerating Adoption
Magic moment in evolution
Opportunity to make a difference
Early stage
Small investment = large impact
No major theoretical or technical barriers
Development > Discovery
Brute force application of $
enormous progress
81. Accelerating Development and Adoption
2026 +$20
2024 +$35
2022 +$50 million
2020 +$65million
2028 2030
+$5
2013
Development
Adoption
Millions
of Lives
Improved
82. It’s all about the patients
It‟s all about the patients: Saving time, Saving lives
Saving time, Saving lives
117. Team
Mark Adcock
Rachel Browning
Matt Eames, Ph.D.
Jessica Foley, Ph.D.
Arik Hananel, M.D., M.B.A, BsCs
Melissa Healy
Sara Horton
Heather Huff-Simonin, M.B.A.
Robin Jones
Neal Kassell, M.D.
Susan Klees
Pamela Minetti, M.B.A.
Dave Moore, M.Sc.
Jill Roberts
Whitney Robertson
Mary Rose Serafini
John Snell, Ph.D.
Interns
118
118. Potential Impact, Urgent Need
Cumulative adoption
Without the
Foundation
With the
Foundation
2000
2010
2020
Millions of People
2030
119. Use of Funds
Research
Meetings, Symposia, Workshops
Fellowships
Centers of Excellence
Reimbursement Initiative
Core Programs
$9 million
$1 million
$1 million
$1 million
$1 million
$7 million
120
120. Research
External Awards
$2 million
Parkinson‟s Disease
$2.4 million
Brain Tumors
$850,000
Pancreatic Cancer
$250,000
Liver Cancer
$250,000
Breast Cancer
$600,000
Stroke
$600,000
Epilepsy
$500,000
Brain Technology
$800,000
Back Pain
$500,000
$9 million
121
121. Management Practices
Highest standards, not-for-profit, for profit
Best practices: policies, processes, systems
Continuous Quality Improvement
People
Strategic Plan
Reviewed and updated frequently
Acting > studying and planning
Culture
Entrepreneurial, market driven, results oriented
Patient centric: It‟s all about the patients
Operating plan and program management
Updated annually, quarterly, weekly
1/3
122
122. Management Practices
Governance
Articles of incorporation, bylaws
Board of Directors; represent all stakeholders
Audit & compensation committees
Legal review
Finance
Monthly reporting with audit committee review
External audit of annual financials and 990
Annual 501(c)(3) tax status review
Prudent investment policy
Comprehensive insurance coverage
2/3
123
123. Management Practices
People
Philosophy: „A‟ players, athletes
Quarterly performance review against objectives
Biannual external compensation review
Structured hiring/termination process
Employee handbook
Research awards and contracts
Contracting: legal and sponsored program expertise
Peer reviewed: research advisory committee
Competitive: program funding committee
Monitoring: milestones, progress reports, payments
IT Infrastructure
Backups, security, redundancy
3/3
124
124. Use of Funds
Research
Fellowships
Centers of Excellence
Communications
Reimbursement
Miscellaneous
Development
$9.6 million
$1.4 million
$4.1 million
$3.6 million
$1.8 million
$400,000
$2.2 million
$23 million
125
125. Individual Donors (updated 9/19/12)
Anonymous
Bob and Glorie Bailie
Baker Construction Group
Aimee and Frank Batten, Jr. Foundation
D.N. Batten Foundation
Frank* and Jane Batten
Mr. and Mrs. David A. Beach
Anson and Debra Beard
The Bernstein Law Firm, LLC
Ms. Lois Berry
Birdsall Family Fund
Ellen and Ronald Block Family Foundation
Dr. and Mrs. S. Morry Blumenfeld
Rich and Roxanne Booth
Charles R. Bronfman
Edgar M. Bronfman and Jan Aronson
Peter and Nancy Brooks
Scott Byron and Company, Inc.
Phebe Cambata
The Caruthers Foundation
Mr. and Mrs. Norton E. Cater
Mr. and Mrs. John Chamales
Roy R. Charles Charitable Trust
Derwood and Johanna Chase
Tom and Nancy Chewning
Christian Broadcasting Network, Inc.
Moffett and Dupre Cochran
Mr. and Mrs. Victor M. Dandridge, Jr.
Mr. and Mrs. Terrence D. Daniels
Mr. and Mrs. John Stewart Darrell
Mrs. Margareta C.H. Douglas*
Mrs. Francis Dulaney
Joan and Barry Elman
Mr. and Mrs. Albert D. Ernest
Fibroid Foundation
Eugene V. Fife Family Foundation
Bruce D. Fisher
Margaret and Thomas Flynn
Penny and John Freund
Mr. and Mrs. Donald Geller
Struthers and Frederick Gignoux
Mark and Judy Giles
Leslie and Richard Gilliam
Mr. and Mrs. Donald Goldsmith
Ms. Audrey Gould
Julann Griffin
Marge and Joe Grills
Mr. and Mrs. Eugene R. Hack, Jr.
1/3
126
126. Individual Donors (updated 9/19/12)
Jim and Sue Haden
Carolyn Hadesman and Family
John A. Hartford Foundation, Inc. Matching Gift Program
The Hassenfeld Foundation
Diane and David* Heller
Herndon Foundation
Mary Buford and Frederick P. Hitz
The Joseph M. and Lisa B. Hogan Charitable Fund
Ulrike Hoffmann-Burchardi and Dirk Willes
Horton Foundation Fund in CACF
The Horwich Family Foundation
Mr. and Mrs. Robert M. Huff
Chad D. Inman
Dean Johnson
Mr. Thomas N.P. Johnson, III
Lou and Dan Jordan
Drs. Neal and Lee Kassell
Marcia and Jonathan Kean
The Keeley Family Foundation
The Kellogg Organization, Inc.
Mr. and Mrs. Donald A. King, Jr.
Mr. and Mrs. Douglas M. Kinney
Mr. James B. Klutznick
Mrs. Delores J. Kuberka
Mr. and Mrs. Fritz R. Kundrun
Diana Levin
Lawrence and Carol Levy
Dr. Stanley H. Levy
John L. Lewis, IV
Mr. and Mrs. Harvey L. Lindsay, Jr.
Terry J. Lockhart
Mr. and Mrs. John Lucey
St. Luke‟s Hospital
John and Dudley MacFarlane
Chrisanne Mannion
Paul and Diane Manning
Jill Kiersky and Andrew Marcus
Mr. and Mrs. Donald Mazzoni
Janice McArdle Cancer Research Foundation
Patrick McCarthy
Melville Foundation
Methodist Hospital
Milken Family Fund
Mitford Children‟s Foundation
Frederic Moll
Mr. and Mrs. Victor A. Morgenstern
Thos. Nelson Jr. Initiative of the Community Foundation
Serving Richmond and Central Virginia
Paula and Rob Newcomb
Dick and Judy Nunley
2/3
127
127. Individual Donors (updated 9/19/12)
Joy Marie Polefrone
Prince Charitable Trusts
Dr. M.G. Pat Robertson
The Robertson Foundation
Wyndam Robertson
Mr. and Mrs. Thomas C. Rodeno
Felicia W. Rogan
Madison Rogers
Harry and Ady Rosenberg
Mr. and Mrs. Charles M. Rotgin
Steve and Deborah Rusckowski
Mr. Raymond L. Rusnak
Cari and Michael Sacks
The Adler Schermer Foundation
Valerie Beth Schwartz Foundation
Mr. and Mrs. Charles H. Seilheimer, Jr.
Linda Rae Sher
Rick and Sherry Sharp, The Community Foundation
Serving Richmond and Central Virginia
Dr. James A. Shield, Jr.
Alice H. Siegel
Mr. and Mrs. Thomas A. Silberman
Jane-Ashley and Peter Skinner
Albert H. Small
The Eddie and Jo Allison Smith Family Foundation, Inc.
Oscar F. Smith/Marjorie Smith Charles Charitable Fund of
the Community Serving Richmond and Central Virginia
Robert H. Smith Family Foundation
Mr. and Mrs. Francis M. Stanis
Barbara and Cyrus Sweet III
Virginia and John Syer
Fay Davis Taylor In Memory of Bertrand L. Taylor III
Sandra Thomas
Jane Tolleson
Ms. Cecile Trop
Sarah Beck and Wojtek Uzdelewicz
Eleanor Cameron Van Clief Foundation
Mrs. Faith Van Clief
Sheri Waddell
Mr. and Mrs. Herbert S. Wander
Mark Warner and Lisa Collis
The Watterson Foundation
R. Ted and Sheila Weschler
Custis Westham Fund of the Community Foundation
Serving Richmond and Central Virginia
Jane Woldenberg Family Foundation
Laurie and Bruce Zessar
Michael Zoller Family Philanthropic Fund
3/3
128
128. Corporate Donors and Sponsors
Abbott Laboratories
Cooley Godward Kronish
Crutchfield Corporation
EDAP
Elbit
Elekta
GE Healthcare
IGT
Imasonic
InSightec
International Society for
Therapeutic Ultrasound (ISTU)
JJA Instruments
JP Morgan
The Kellogg Organization, Inc.
Meditech Advisors
Methodist Hospital
Microsoft
Ogilvy Public Relations
Philips Healthcare
Siemens
St. Luke‟s Hospital
Supersonic Imagine
Theraclion
University of Virginia
Varian Medical Systems Foundation
129
129. Process, complicated and inefficient
Patient
advocacy
Evidence, safety,
efficacy, cost
Technology R&D
IP generation
and protection
Design, engine
ering,
manufacturing
Pre-clinical
proof of concept
Regulatory
approval
Marketing,
sales, support
Training and
credentialing
Insurance
reimbursement
Physician and
Scientist education
Physician
advocacy
131. Pain Palliation of Bone Metastases
Patient with osteolytic breast cancer metastasis at right iliac bone
Pain score of 5.5 before treatment reduced to 0 at 3M follow up
CT Before Treatment
Note: At 3M new bone formation and thickening
of cortical layer in treatment area
138. Brain Tumors
Accumulated thermal dose
at end of treatment
Diffusion weighted image
immediately after treatment
T1w contrast enhanced image
immediately after treatment
Thank you for your interest in the Focused Ultrasound Foundation. Please note that directions to various slide functions can be found in the Notes section throughout the presentation. Prior to starting the presentation, please ensure the sound on your computer has been silenced.
This slide contains a series of videos and images. Please click the page to advance the slide.
Because of its variety of effects or biomechanisms, this technology is applicable to a variety of diseases, and the research opportunities are abundant. The three primary mechanisms of focused ultrasound are destroying tissue, delivering drugs, and dissolving blood clots. Other mechanisms are also being investigated.
Each of the images to the right act as a link to slides depicting the treatment of that specific indication.
This global landscape slide shows milestones reached by each of the different diseases that are currently being treated or have been proposed for treatment using focused ultrasound technology. Uterine Fibroid treatment has benefitted 8,000 patients worldwide while earning the CE Mark and FDA approval. Treatment for Bone Metastases has provided pain relief to several hundred patients, and this CE Mark therapy achieved FDA approval in 2012. Researchers performed a pilot study at the University of Virginia in 2011 on 15 patients with Essential Tremor, and the initial results have initiated a continued study. Researchers at the University of Zurich have treated 30 patients with intractable Neuropathic Pain from conditions like shingles, amputations, or nerve with injuries. Data from studies conducted on several hundred patients with Breast Tumors in Japan, Germany, and Italy has been stuck at the FDA for 4 years; hopefully this log jam will soon be broken. Two patients with Parkinson’s Disease were treated in Zurich, and we began a pilot study at the University of Virginia in October 2012. Other cancer studies include Prostate Cancer (30 patients in Russia, Italy, Canada, Singapore, and India); Pancreatic Tumors (5 patients in London and Rome); Liver Tumors (a handful in London); and Brain Tumors (new studies enrolling in Toronto, Zurich, and Charlottesville). Ongoing experiments that will lead to clinical trials are currently being conducted on Stroke, Diabetes, Benign Prostatic Hypertrophy, Alzheimer’s Disease, Osteoarthritis, and Osteoid Osteoma. Preclinical studies are underway for Epilepsy. Experiments for Hypertension, Kidney Tumors, Thyroid Tumors, Esophageal Tumors, Colon Tumors, Bladder Tumors, and other Soft Tissue Tumors are on the drawing board. Finally, Korean researchers are organizing a trial for Obsessive-Compulsive Disorder.
Imagine treating a brain tumor without surgery, radiation therapy and/or the harmful effects of chemotherapy.
Focused ultrasound technology is not applicable to all conditions. It will not work to treat aneurysms (in the head or abdomen), multiple sclerosis (better treatments are on the horizon), leukemia (there is nothing to target), lung tumors (ultrasound does not go through air), or traumatic brain injuries.
The Focused Ultrasound Foundation is a unique, innovative medical technology research, education and advocacy organization that serves as the catalyst for the development and adoption of focused ultrasound.The Foundation was founded in 2006 as an entrepreneurial, tax-exempt organization that is market driven, high performance, and action and results oriented. It is located in Charlottesville, Virginia but exerts a global impact.The Foundation's uniqueness derives from the fact that it is addressing a technology rather than a pharmaceutical. Furthermore, it is a platform technology that exerts a wide range of biological effects ̶ or mechanisms of action ̶ on a wide variety of medical disorders.The Foundation is on the leading edge of both the venture philanthropy and social entrepreneurship movements and has become a prime example of how private philanthropy can work in conjunction with academia, government and industry to bridge the gap between laboratory research and widespread patient treatment.
Click the first blue arrow to read more about the Foundation’s management practices. Click the second blue arrow to learn how the Foundation ‘primes the pump.’
To execute this strategy, the foundation has created an organization which is very flat and flexible and responsive to rapid shifts in the market and technology. The organization was built with the philosophy that ‘A's attract A's and B's attract C’s’ and is populated by individuals who are athletes – who can perform multiple functions.
Select the blue arrows to view further details, including a donor list and appropriation of funds.
This slide marks the end of the presentation. The slides that follow are linked to various places within the previous slides.
Seven years ago, one small, pioneering Israeli company (InSightec) began commercializing focused ultrasound technology. Today, the industry has grown to nine companies worldwide. Philips Electronics, a large, conservative Dutch company that has a reputation for creating very high quality medical devices, jumped in with both feet and embraced this technology a few years ago, and this fact is a true validation of the field.
At this early stage of innovation (infancy, as previously noted), approximately 100 commercial treatment sites are located around the world. This number represents only 2% of the estimated 5,000 sites needed when focused ultrasound is in widespread use. Another 150 research sites are conducting scientific studies, and about half of these are in the United States.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To execute this strategy, the foundation has created an organization which is very flat and flexible and responsive to rapid shifts in the market and technology. The organization was built with the philosophy that ‘A's attract A's and B's attract C’s’ and is populated by individuals who are athletes – who can perform multiple functions.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide avoiding the video, and then click the return arrow that will appear.
To return to the presentation, click the slide avoiding the video, and then click the return arrow that will appear.
To advance the slide, click the page while avoiding the video.
To return to the presentation, click the slide avoiding the video, and then click the return arrow that will appear.
To return to the presentation, click the slide avoiding the video, and then click the return arrow that will appear.
To return to the presentation, click the slide avoiding the video, and then click the return arrow that will appear.
To return to the presentation, click the slide, and then click the return arrow that will appear.
To return to the presentation, click the slide avoiding the video, and then click the return arrow that will appear.
To return to the presentation, click the slide avoiding the video, and then click the return arrow that will appear.