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W2B Technology Snapshot Webinar Overview
Webinar Objectives
• Attract entrepreneurs to license technologies and start companies
• Attract corporations to license technologies as new product
opportunities
• Solicit input on the commercial viability of the technologies
presented
Agenda
 Webinar schedule
 Two technology opportunities
 8-10 minute presentations
 5-10 minute questions as needed
 Send technology inquiries to Jim Baxendale at baxendalej@umkc.edu
Technology Snapshots
Mizzou BioJoint Flex
James L. Cook, DVM, PhD, OTSC
April 23, 2020
What is the problem?
ARTHROFIBROSIS
Loss of Motion
Pain and Disability
Diminished Quality of Life
$$$$$
How does BioJoint Flex solve the problem?
• An affordable, easy to
use knee range of
motion device that
provides a gentle,
prolonged stretch for
people experiencing
motion loss
ARTHROFIBROSIS
What is the market use?
25% of US adults have knee
pain (60.5 million people)
>1 million major knee
surgeries/year
>75,000
patients per
year with
arthrofibrosis
following
surgery
Patient version
HCPCS code E1811 –
Medicare reimburses $149
Pro version
Market price ~$500
10% Entry Market Share over first 3-5 years
7,500 patient units
+
1,000 pro units
=
$1.1M/yr
What competition exists?
FEATURES: JAS Brace CPM Physical Therapy Surgery
Early Intervention X X X
Gentle X
Affordable ~$700 $100/wk $75-150/session $6,000-10,000
Clinic Use X X X
Home Use X X
Prolonged Stretch X
Track Record X X X
ARTHROFIBROSIS
Loss of Motion
Pain and Disability
Diminished Quality of Life
✓
✓
$149*
✓
✓
✓
✗
What is the status of the intellectual property?
• US nonprovisional patent application pending
– Application No. 16/180,783
– Publication No. US 2019/0133864
– “Knee Flexion Device and Associated Method of Use”
– Filing Date: November 5, 2018
• Evaluation revealed other devices that promote knee
mobility, but nothing with similar specifications
Patent/ Application # Patent/Application Title Status
Application: 16/180,783 Knee Flexion Device and
Associated Method of Use
Pending
What is the stage of development?
• Prototypes developed
and tested in initial
prospective randomized
clinical trial
• Complete data for 29
patients
– BioJoint Flex = 16
• 6F, 10M mean age 63 yrs
– Control = 13
• 10F, 3M mean age 64 yrs
Does it work?
• BETTER Flexion
• BETTER Function*
• BETTER Pain Relief*
• BETTER Patient Satisfaction
• Safe, Comfortable, Easy to Use
0
20
40
60
80
100
120
140
PreOP 6w 12w
BJF Standard PT
Knee Flexion
measured with goniometer
0
10
20
30
40
50
60
70
80
90
100
PreOP 6w 12w
BJF Standard PT
Knee Function
based on IKDC PROM
* = statistically significant difference (p<0.05)
Knee Pain
based on VAS PROM
0
1
2
3
4
5
6
7
8
9
10
PreOP 6w 12w
BJF Standard PT
0
1
2
3
4
5
6
7
8
9
10
BJF Standard PT
Patient Satisfaction
$$$$$$$$$$
What is needed for further development?
• Experienced Licensee with expertise in
orthopaedic device manufacturing,
sales and distribution
– Invest ~$1M for manufacturing, assembly,
and marketing of product for year 1
• Finalize Patient version
– $50 → $149
• Finalize Pro version
– Features: motorized, sensors,
microcontroller, digital display, blue tooth,
multi-use
– $100 → $500
• Regulatory Pathway
– 510K Exempt – Class 1 = safe & effective
• READY for commercialization
Jimi Cook, DVM, PhD, OTSC
Clinical Research & Development
Trent Guess, PhD
Engineering & Manufacturing
Cory Crecelius, PT
Clinical Implementation
Kylee Rucinski, MHA
Healthcare Financials
Sam Bish, PhD
Technology Advancement
The Mizzou BioJoint Flex Team
QUESTIONS?

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Mizzou bio joint flex snapshot

  • 1. W2B Technology Snapshot Webinar Overview Webinar Objectives • Attract entrepreneurs to license technologies and start companies • Attract corporations to license technologies as new product opportunities • Solicit input on the commercial viability of the technologies presented Agenda  Webinar schedule  Two technology opportunities  8-10 minute presentations  5-10 minute questions as needed  Send technology inquiries to Jim Baxendale at baxendalej@umkc.edu
  • 2. Technology Snapshots Mizzou BioJoint Flex James L. Cook, DVM, PhD, OTSC April 23, 2020
  • 3. What is the problem? ARTHROFIBROSIS Loss of Motion Pain and Disability Diminished Quality of Life $$$$$
  • 4. How does BioJoint Flex solve the problem? • An affordable, easy to use knee range of motion device that provides a gentle, prolonged stretch for people experiencing motion loss ARTHROFIBROSIS
  • 5. What is the market use? 25% of US adults have knee pain (60.5 million people) >1 million major knee surgeries/year >75,000 patients per year with arthrofibrosis following surgery Patient version HCPCS code E1811 – Medicare reimburses $149 Pro version Market price ~$500 10% Entry Market Share over first 3-5 years 7,500 patient units + 1,000 pro units = $1.1M/yr
  • 6. What competition exists? FEATURES: JAS Brace CPM Physical Therapy Surgery Early Intervention X X X Gentle X Affordable ~$700 $100/wk $75-150/session $6,000-10,000 Clinic Use X X X Home Use X X Prolonged Stretch X Track Record X X X ARTHROFIBROSIS Loss of Motion Pain and Disability Diminished Quality of Life ✓ ✓ $149* ✓ ✓ ✓ ✗
  • 7. What is the status of the intellectual property? • US nonprovisional patent application pending – Application No. 16/180,783 – Publication No. US 2019/0133864 – “Knee Flexion Device and Associated Method of Use” – Filing Date: November 5, 2018 • Evaluation revealed other devices that promote knee mobility, but nothing with similar specifications Patent/ Application # Patent/Application Title Status Application: 16/180,783 Knee Flexion Device and Associated Method of Use Pending
  • 8. What is the stage of development? • Prototypes developed and tested in initial prospective randomized clinical trial • Complete data for 29 patients – BioJoint Flex = 16 • 6F, 10M mean age 63 yrs – Control = 13 • 10F, 3M mean age 64 yrs
  • 9. Does it work? • BETTER Flexion • BETTER Function* • BETTER Pain Relief* • BETTER Patient Satisfaction • Safe, Comfortable, Easy to Use 0 20 40 60 80 100 120 140 PreOP 6w 12w BJF Standard PT Knee Flexion measured with goniometer 0 10 20 30 40 50 60 70 80 90 100 PreOP 6w 12w BJF Standard PT Knee Function based on IKDC PROM * = statistically significant difference (p<0.05) Knee Pain based on VAS PROM 0 1 2 3 4 5 6 7 8 9 10 PreOP 6w 12w BJF Standard PT 0 1 2 3 4 5 6 7 8 9 10 BJF Standard PT Patient Satisfaction $$$$$$$$$$
  • 10. What is needed for further development? • Experienced Licensee with expertise in orthopaedic device manufacturing, sales and distribution – Invest ~$1M for manufacturing, assembly, and marketing of product for year 1 • Finalize Patient version – $50 → $149 • Finalize Pro version – Features: motorized, sensors, microcontroller, digital display, blue tooth, multi-use – $100 → $500 • Regulatory Pathway – 510K Exempt – Class 1 = safe & effective • READY for commercialization
  • 11. Jimi Cook, DVM, PhD, OTSC Clinical Research & Development Trent Guess, PhD Engineering & Manufacturing Cory Crecelius, PT Clinical Implementation Kylee Rucinski, MHA Healthcare Financials Sam Bish, PhD Technology Advancement The Mizzou BioJoint Flex Team