SLIDE 1
Confidential & Proprietary Information
Immobile Patients Develop Painful Bed Sores & Ulcers
K-Medical
3-4 Hours
K-Medical Confidential & Proprietary Information Immobile - - PowerPoint PPT Presentation
K-Medical Confidential & Proprietary Information Immobile - - PowerPoint PPT Presentation
K-Medical Confidential & Proprietary Information Immobile Patients Develop Painful Bed Sores & Ulcers 3-4 Hours K-Medical 60,000 Patients 2.5 Million Patients DIE Affected Every Year Every Year Most 87% of Cases $250K - $350M
SLIDE 2
SLIDE 3
2.5 Million Patients Affected Every Year 60,000 Patients DIE Every Year Most Litigated Case $250K - $350M Average Settlement 87% of Cases Favor Patient
K-Medical
SLIDE 4
INTERMEDIARY DESIGN PATENT PENDING INITIAL CONCEPT
SAVES NURSES FROM HEAVY LIFTING & SAVES TIME
FINAL DESIGN PATENT PENDING USPTO No. 10245197 USPTO No. 10238561
SLIDE 5
FINAL PROTOTYPE DESIGN
Prevents Sores & Ulcers
Smart Mattress that
Auto- Pressure Change Every 20 Minutes Saving Nurses Time Comfort for Patients Reduces Risk of Lawsuit Risk K-Medical
SLIDE 6
Patent Pending, Compliant Technology
Movement Direction
$3,000 selling price
w/ Continuous Pressure Monitoring
Low FDA Hurdles (Class 1 or 2) $1,000 selling price per unit
SLIDE 7
Silica Bead Air Fluidized Bed
Smart Mattress
- Fragile and Leaky valves
- $10,000 per BED
- $1,000 per MATTRESS
- No Valves
- No pressure patterns
- Continuous pressure monitoring can be
provided
- Extremely Heavy Bed
- Lighter Mattress
- Noisy Air Pumps
- No Air Pumps
- Reimbursed, Sometimes
- Reimbursed, Always
- Consumes Power Around the Clock
- Minimal Power Needed to change states
VERSUS
SLIDE 8
Growth and Profitability Projections
$400 base cost per unit $1000 selling price per unit
K Medical Mattress Potential Customers
Private payer Nursing Facilities Hospitals Private Home & Senior Care Companies $1M Revenue in the First Quarter 1000 units $10M Revenue in the First Year 10,000 units
- 3000 Nursing facilities
- 5000 home care companies
- 2000 hospitals
- 1M private buyers
Assuming 700,000 mattresses sold to the 10000 facilities + 700,000 private buyers $1.4 Bn Market
SLIDE 9
Expert Team Ready for Clinical Product Development
- 19 years of Medical Product
Development Experience
- R&D leader
- MBA in Finance
Piyush Sheth
CEO & Founder
- Pioneer of Compliant Mechanisms with
PhD from MIT
- Professor at UCLA in the Department
- f Aerospace and Mechanical
Engineering.
- Dr. Jonathan Hopkins
Chief Technical Officer
- Geriatrician at Scripps Clinic in
San Diego
- Medical Director at Skilled
Nursing Facility in Oceanside, California.
- Dr. Karl Steinberg
Chief Clinical Director
SLIDE 10
Our Ask
Initial Prototype Development Engineers for 1 year Pre-prototype Engineering Cost Building first 10 Smart Beds Legal and consulting resources Manager and coordinator for 1 year $300K $200K $300K $100K $100K Pre-prototype Engineering Cost Includes engineering mattress to simulate the amplitude and pitch of alternation that prevents bed sores and measures pressure on the patients back with body pressure mapping system.
$1M for 10% Equity
Potential Exit – Be bought by Large hospital/nursing home bed manufacturer in 3 to 5 years
SLIDE 11
Thank You
Title Founder & CEO, Piyush Sheth Email piyush@kmedical.net Cell 619-937-5967