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Healthtech QLD Inaugural event 21 October 2014
1. Healthtech Innovation Queensland
Thankyou for supporting our inaugural event
We are here to:
Build a dynamic healthcare innovation
community in Queensland
Foster, attract, retain and globally
commercialise healthtech start-ups
Make a difference to individual & community
health & wellbeing
2. Entrepreneurs Transforming
Healthcare
This is an excellent 5 minute video introducing
Startup Health http://www.startuphealth.com/
A USA based group driving healthcare
innovation and investment with a globally
accessible peer network and a dynamic coaching
program. This video encapsulates our vision for
our group.
https://www.youtube.com/watch?feature=player_detailpage&v=oLjtIYEQM_c
3. Healthcare Innovation Investment
Around the World is on the Move
In the USA alone
• $5 billion invested in the 1st 3 Qtrs 2014
• Funding to nearly double year-over-year
We MUST tap into international eco-system
http://www.healthstartup.eu/the-ultimate-health-
startup-resources-guide/
4. Healthcare Innovation in Australia
• Australia’s health tech start-up scene is booming,
both in terms of interest and innovation
• Funding remains a major issue for start-ups
• No dedicated healthcare incubators and
accelerators
5. “The Australian Government will invest $188.5 million
in Industry Growth Centres to pursue global
excellence in areas of competitive strength”
• Establishing 5 ‘Industry Growth Centres’
• Priority areas include medical technologies
• Centres will receive funding of up to $3.5 mill. PA
• Centres to become self-sustaining after four years
• More Centres if the programme is successful.
• Access to $63 million ‘Growth Centre Project
Fund’
6. What’s the Queensland Government
Doing?
Not a lot compared to Victoria!
Victoria's Medical Technology Strategy
$18.8 m to support and assist
Victoria's medtech industry
7. What Can We Do to Make Queensland A
Healthcare Innovation Hub?
We MUST
• Get researchers, innovators, government,
corporates and investors collaborating,
supporting and investing in the sector
• Build national & international networks and
strategic alliances
8. Outcomes for Tonight!
• Showcase some world class healthcare
technologies being developed in Queensland
• Get some great networking happening
• Get YOUR feedback on
- what the CHARTER should be for this group
- how future meetings should be conducted
- other initiatives to make this successful
• Encourage everyone to spread the word
The Larger the Membership – The More Leverage!
9. Tonight's turnout is a great start!
Here is just a sample of the world class
innovation coming out of Queensland
Many of those presenting are from or currently in one of Queensland's
wonderful incubators/accelerators
- Silicon lakes on The Gold Coast http://www.siliconlakes.com.au/
- ilab in Brisbane http://www.ilabaccelerator.com/
- Innovation Centre Sunshine Coast http://www.innovationcentre.com.au/
15. Dr Ramana B Panda
CEO
www.telehealthnetworks.com.au
Telehealthnetworks Pty Ltd
57/56 -58 Riverwalk avenue,Robina,Qld
Australia 4226
info@telehealthnetworks.com.au
16. • Telehealthnetworks aims to deliver a comprehensive healthcare solution over the
16
“Give us the web, we will deliver Healthcare”
Dr. Ramana Panda
web.
• Telehealthnetworks completes the telehealth ecosystem by bringing in Device
Telemetry, Unified Communication, Social Collaboration, and Analytics together.
• We are confident that our platform will enable specialty care accessible and
affordable to the remotest of patients
17. We deliver end to end
telehealth solution
facilitate turnkey
solutions
• One stop: End-to-end Telehealth solution
• A range of clinically precise and reliable telemetry medical devices
• Intuitive yet truly advanced software platforms for patients,
doctors and health organisations.
• Low bandwidth video-conferencing @ just 130 kbps
• On-line appointment and referral systems
• Enterprise friendly - Seamless integration capability with all the
EMRs – HL7 capabilities
• Scalable and Secure
• Works over Wi-Fi, SAT band, 3G/4G
• Any platform, Any system, Anywhere
18. Where we are today?
• Commercialization phase
• Flexible Sales Models
• Talks in progress with various large organisations and hospital groups across the globe
• Till date, we have successfully conducted 2000 tele-consultations on our platform. We have plans
under way to conduct pilot programs with the two leading healthcare organisations in Australia.
We expect a rapid growth for telehealth in the following sectors
AVIATION
MINING
AGED CARE
MARINE
HOSPITAL GROUPS
MEDICAL TOURISM
RURAL HEALTHCARE
CHRONIC DISEASE
MANAGEMENT
19. Challenges ahead…
• Mindset - Considered impersonal
• No definitive numbers to build a business model around it
• Lack of reimbursement for telehealth
• No financial incentives for healthcare providers to implement the technology
• No set technical standards, infrastructure and licensure laws
Telehealthnetworks Pty Ltd
57/56 -58 Riverwalk avenue,Robina,Qld
Australia 4226
info@telehealthnetworks.com.au
www.telehealthnetworks.com.au
22. Who We Are
Core business is in research and development of next generation
medical devices.
Over the past 12 months PSP has developed and refined its
patented Portal Technology in the form of 3 medical devices for use
in:
laparoscopic (keyhole) surgery;
caesarean section;
general wound closure procedures, as well as first aid applications.
The worldwide market for the technology is substantial, ranging in
the millions of units per year. We believe it is potentially the most
valuable I.P. in the medical device space worldwide.
23. Our Product/Technology
PSP has developed a revolutionary non-invasive method of
controlling the opening and closing of surgical incisions and
the closing of accidental skin wounds.
The versatility of the technology provides a significant number
of benefits, including:
savings in time and therefore cost;
an increase in safety by reducing the risk of needle stick injury;
a reduced risk of infection;
an accelerated healing process - subsequently reduced
recovery time; and
better cosmesis - with a potentially scar-less result.
24. Where we are today
Proof of concept prototypes highlighting the key benefits of the
technology have been demonstrated, attracting significant
interest from a number of institutions, some of which are now our
collaborative partners, including:
Commonwealth Scientific and Industrial Research
Organisation (CSIRO).
Internationally – at both corporate and government levels.
Australian National Fabrication Facility, including the
Melbourne Centre for Nanofabrication (MCN).
University of Massachusetts: a collaborative research project.
The Biomedical Materials Transformation Facility – a
collaboration between Monash University and CSIRO.
25. The Challenges Ahead
Decisions need to be made regarding the
following :
Pathway to regulatory approval
Deciding the path to commercialisation -
manufacturing v licensing the Technology
Keeping the company and technology
resident in Australia
28. Dr Carrie Hillyard - Chairman
Carrie has more than 25 years of experience in medical and diagnostics research, development and
commercialisation and is the inventor of a number of patents.
Miles Browning - CEO
Physiotherapist, exercise physiologist and elite coach, co-founder and CEO of Fizzio Clinics and Fizziofit,
specialising in musculoskeletal injuries, chronic diseases and ageing.
Juanita Browning - CFO
Administration co-ordinator of Fizzio Clinics, previously owned 24 hour fitness centres, rehabilitation
personal trainer & project manager for Toll Holdings
29. Our Product
Direct to consumer condition specific
therapeutic exercise programs
750+ therapeutic, self management and
strength training exercises applied to
over 430 different searchable
musculoskeletal conditions and diseases.
30. Today
We initially provided the product exclusively
to health practitioners.
Problem was they just didn’t have time to
implement a change in their workflow
Result we PIVOTED
Sourcing other commercial arrangements
35. What we do
– Mindstar is an innovative new health and
wellbeing platform connecting adults & children
with internet-based support programs &
counselling.
– The Mindstar website provides a choice of
online wellbeing programs, or individual online
counselling by professional, qualified therapists.
36. mindstar
wellbeing
Personalised, interactive
self-help program
Web-based
mindstar online
Individual counselling
choose your own
therapist
Peer to peer
Mindstar Programs
37. Stage of Development
1. Partnerships developed & evidence base –
Qld Health & USC clinical trial
2. Website under development
3. Series A Investment secured
4. Soft launch of website in December
38. Challenges – Scaling
1. Youth & Families – immediate success
through institutions such as schools &
government (e.g. partnership with Qld
Health)
2. Men’s health – regional & rural; links with
professional sporting organisations
3. Women’s Programs – brand ambassadors;
career related; new parents
4. Corporate & Government
41. Who are we?
• Brisbane-based and Australian-owned
• 6 employees
• Expertise and experience in:
– nutrition issues
– food composition data
– software systems for nutrition analysis
• We design and build nutrition analysis software
• We develop food composition databases
42. Our products/technology FoodWorks®
nutrition analysis software
• Windows-based software for nutrition professionals
• Used in:
– Health (dietetics, hospitals)
– Education (universities, colleges)
– Nutrition research
– Food industry (nutrition labelling and new product
development)
• Version 8 under development
Easy Diet Diary
calorie counter & nutrient tracker
• Free iPhone App for consumers
• Australian data
• Diaries can be exported to
FoodWorks for further analysis
by a health professional
• Version 4 for iOS8 just released
• Continuing development
43. Where we are today
FoodWorks
• Established market leader in nutrition analysis software
for health professionals in Australia.
• Our bread and butter.
Easy Diet Diary
• The most popular Australian-made calorie counter for
iPhone with over 500,000 downloads.
• Interest from the health sector for both health care and
nutrition-related research.
• Self-funded.
44. Challenges
Big ideas! Limited funds…
• So many interesting possibilities
– To improve the user experience of EDD
– To cater to specific needs e.g. health conditions, elite
athletes
– To build the tools/systems for connecting EDD users with
professional help
– To enhance and expand the food composition data
• Monetisation? Funding? Resourcing?
47. The Global Problem: Common Denominator = Poor Nutrition
Fact: 2/3 rds of U.S. adults &
1/5th of children and teens
are overweight or obese
Escalating Food
Allergies/Intolerances
Fact: In US, 1 in 88 children
on the autism spectrum
(1/54 boys and 1/252 girls)
Fact: Food producers use any of
14,000 laboratory-made additives
Standard Advice Ailing Healthcare Systems
Hasn’t Worked
FACT: 400% rise in Food
Allergies & Intolerances
In the last decade
Autism Epidemic
Chemicals & Additives
Fact: By 2020 US
healthcare will be
20% GDP
48. The Victus Health Solution
We are leveraging our extensive intellectual asset base, industry contacts
and channel partners to deliver an online portal that empowers
Practitioners to deliver personalised nutrition programs that:
• SIMPLIFIES complex dietary protocols
• CATEGORISES 500+ Ingredients
• SMART TAGS 40 Allergens & 15 Food Chemicals & 20 Diet Protocols
• CROSS REFERENCES molecular changes during cooking
• INCORPORATES scientifically validated food charts
• DELIVERS over 1,500 tailored recipes
49. VICTUS HEALTH
Practitioner Deliverered Online Nutritional Platform:
Gives Practitioners the ‘systems’ to:
• Deliver dynamic, patient centric solutions
• Operate a paperless, time efficient system
• Improve patient compliance, retention & referral
• Build a more profitable and enduring business
• Digitally connect with patients & family/friends
52. Semexion - Product/technology
The technology that we are working on will be used
in Artificial Insemination and will endeavour to
allow the X chromosome to finish first in the race to
fertilise an egg.
The outcome will be the birth of more female
offspring.
The application will be used in animal production
industries (dairy and pigs).
53. Semexion - Where we are
today
We have had success with tests with mice.
We are currently testing with pigs.
We are currently starting full scale clinical trials
with mice.
54. Semexion - The challenges
Once we know the technology works, the
challenge will be to develop a product that is
affordable.
What do we do with all the female mice?
57. OUR PRODUCTS…
KEY OBJECTIVES:
Creating Healthier Communities
Improve nutritional intake and increase physical activity in
primary schools and communities nationally and
internationally
Promote lifelong healthy eating and physical activity habits
For all schools to be Eat Smart B Active® schools!
58. WHERE WE ARE TODAY…
Since 2012 the Eat Smart B Active® | Healthiest School Awards®
program has been delivered to 16,500 primary school students
across South-East Queensland.
Real World Study implemented in partnership with University of
Queensland identified that the program significantly improved
children’s nutritional knowledge, attitudes, but most importantly
improved nutritional intake
Partnered with not-for-profit Happy Healthy Kidz Australia to help
fund the program delivery
Media partners - Channel 7, 96five Family FM
Pillars of growth: Health, Technology, Food , Education
Growing database: Communications Portal
59. CHALLENGES AHEAD…
Program delivery relies on funding
Monetise the business model
Secure partnerships and sponsorships
Build brand profile
63. Dr Bruce Green
Co-Founder
Founder, Model Answers
Experience at FDA
D Pharm (Pharmacometrics)
Practising Clinical Pharmacist
Dr Robert McLeay
Co-Founder
PhD (Bioinformatics - Modelling & ML)
Led Dev Team, iseek Communications
Developed software used by 100,000+
– Who We Are
• Dosing 1.0:
We really hope that you’re
an average person.
• Dosing 2.0:
We accept that everybody is
different.
We measure your ability to process
medicine.
64. Our Product / Technology
• Halves mortality in gram negative
sepsis (van Lent-Evers, 1999).
• Improves leukaemia survival by 15%
(Evans 1998).
• Halves side effects for
chemotherapy patients (Relling
1994).
• Reduces stay length by between
4 and 16 days (drug-dependent).
• Cost-benefit ratio of between 4:1
and 52:1 (drug-dependent).
65. Where we are today
Apr 2014 – Obtained seed funding round
July 2014 – European Medical Device
approval
Aug 2014 – Australian Medical Device
approval
Nov-Dec 2014 – US Medical Device submission
Not shown:
1. Pharmaceutical companies
2. National or state-wide providers
66. The Challenges Ahead
– US Medical Device submission
– Series A round
– Accelerating and managing growth across AU / EU /
US
– Identifying right partnering opportunities (with our
API)
Questions / Comments:
robert@doseme.com.au
bruce@doseme.com.au
Video: http://doseme.com.au/video/
71. Where we are
today
Top 10
app-store rating every day in 2014
368,000+
patients registered
38.2%
university health centre market
share
6.2%
of Australian GP market share
76. Team:
CEO: Maryam Jarahi
CTO: Karl Pietsch
CDO: Dr Mehrdad Khodai
Director of Research: Dr Fariba Shadabi
Medical Advisors: Professor Michael d’Emden, Dr Farzad Bashirzadeh, Dr Chris Zappala
Collaborators:
University of Canberra E-health research group
77. Our product/technology
Tools Developed
• “Medaxs” - health social network
– Providers and Services
– Groups
– Events
– Blogs
• “Media Pulse” - aggregated health news and social media
• “Healthpages.wiki” - Semantic Health Wiki
– Collaboration
– Internationalisation
– Data mashup
78. In Production:
• Medaxs Social Network
• Media Pulse
• Due for Release soon:
• Healthpages.wiki
Reach:
• 250K sessions
• 470K pageviews
• Social Media:
Where we are today?
• 280 registered users
• Listing of over 20k Australian hospitals, pharmacies, imaging services and healthcare providers.
81. Apologies
Sunshine Coast Innovation Centre
ETri
"Transforming emergency department
access, assessment and admission”
Silicon Lakes, Gold Coast
Sunshine Coast Innovation Centre
Lifestyle change programs
82. Open Forum & Panel Discussion
Agenda: to Create an Agenda and Charter for
Transforming Healthcare Innovation In
Queensland
Panel
Dr Carrie Hillyard, Scientist, VC, Chairman FizzioFit, Fitgenes and Deputy Chairman of the Mater Medical Research Institute and
more
Dr Clarence Tan, Asia Pacific Ambassador Singularity University , Angel Investor, CEO and Chairman, Bond Wireless , Adjunct
Professor Bond /Griffith Universities
Steve Baxter, Founder, Founder of River City labs, a serial entrepreneur has a very successful background in starting Internet
based companies in Australia and working overseas on large scale data networks
Bruce Satchwell, Alive Technologies Biomedical Engineer and serial entrepreneur, founder of Alive Technologies, Ventracor,
Micromedical
Moderator
Bernie Woodcroft Director iLab
85. • 54 hours to build a startup
• Brings together people with different skillsets to build
innovations and develop .
a commercial case around
them.
• Facilitated and structured, supported by Mentors
• Pitch ideas for new startup companies, form teams
around those ideas, validate them and work to develop
a prototype.
• Pitch presentation by Sunday evening
• 100,000+ participants, in excess 400 cities worldwide
86. • Qld has had 6? SUW So far another 4 in Oct /
November
.
• River City Labs this weekend – sign up!
• This will be the first one for health sector in
Australia
87. • Help Needed
• Organising Committee 2 Positions
.
• Tech and Logistics
• Ideas / Introductions for
• Sponsors
• Venues (Health iconic)
• Kick off Speaker and Judges
• Marketing Channels
• Email - Bernie.Woodcroft@ilab.com.au
88. Thankyou to Our Sponsors
- A progressive, multidisciplinary with a passion and commitment to supporting
Queensland technology & fast growth companies with global ambitions, particularly
in the health tech space.
- Providing a full range of accounting and corporate, governance services from its
Brisbane CBD offices which also serves as a virtual Head Office for their clients.
R& D Tax Incentives and Export Marketing Development Grants
Bridging loans for R&D grant recipients
89. Very Special Thanks to
RIVER CITY LABS
And their great team
Keera, Peta & Josh
90. For more information about
‘Healthtech Innovation Queensland’
Please contact the organizers
Greg Beaver greg.beaver@fitgenes.com 0413585026
Tracey Porst tracey.porst@fitgenes.com 0409302694
John Driscoll john.driscoll@altezzapartners.com.au 0413967398