Scoliosis Back Brace 2 /3 of patients fail to comply Side View - PowerPoint PPT Presentation

Scoliosis Back Brace

2 /3 of patients fail to comply

Side View Front View

38,000 spinal fusion surgeries

Comfort Data

“ I couldn’t fall asleep at all and would just take it off and hide it... I wish you would have made this product earlier.” Connie, 14

“I'd love any information I can get … tracking brace usage and outcomes would be huge for research” Marc Dufour, CO Cornell Orthotics

Tightening Safety Usage Tracking

Microcontroller Motor Worm Screw & Gear

is innovative

6,000 nighttime braces fitted annually

Retail $2,000 Overhead $100 Cost $235 Manufacturing $135

$12M

Cost to Insurers $106,000 $8,000 spinal surgery + + back brace back brace

Annual Profit Year

Annual Profit 2 Year 4% market

Y3: $2.5 M in sales 1,200 devices Annual Profit 2 Year

$600K Annual Profit investment Year 45% IRR

Thank You Instructors Healthcare Shreya Dave Dr. Amandeep Bhalla, MD Linda Sutliff Megan Chamis, CO Dr. David Wallace Marc Dufour, CO Dr. Richard Wiesman Dr. Jeffrey Kreher, MD Dr. Rafael Levin, MD Anne Rowell, CO Sta ff Luke Stikeleather, CO Dr. Daniel Braunstein Dr. Jeffrey Thomson, MD Bill Cormier James Dudley Industry Steve Haberek Angie Locknar Jamie Benelli Tasker Smith COO, VP Mentors Julien Aknin Chris Evans Alexis Hakimi James Penn

now you feel it, now you don’t