ReSuture Pitch Deck Demo Day

Transcript

1. TRAINING TOMORROW’S SURGEONS www.resuture.com
2. New surgeons are now missing out on a year’s worth of experience Krafcik et al. J Vasc Surg. 2016
3. Impact of avoidable vascular surgery error results in patient mortality of vascular surgeries lead to unplanned hospital readmission 42% 15% 5X increase in cost to patients & 119% increase in costs to hospital Healey et al. Arch Surg. 2002 Vonlathen et al. Annals of Surg.
4. Surgical complications can be reduced by 50% with simulation training The Good News Reed et al., Surgery, 2009
5. What We Do The most realistic training platform for open vascular surgery Lifelike Individual practice Cost-effective
6. Lifelike, patent- pending materials The ReSuture Training System
7. Pumping system to simulate human blood flow Compact for personal use
8. Market Size $360M Surgical Simulation $2.6B Medical Simulation Medical Simulation Centers • Medical Schools • Hospitals • Research • Military Market growing at 16% CAGR “Healthcare/Medical Simulation Market.” Markets and Markets, 2018
9. Competitive Landscape Cadaver Lab Porcine Lab SynDaver Realistic experience Includes surrounding anatomical structures Multiple uses in same system Low Cost
10. Completion of validated first product Pilot programs with 2 medical schools in 2020 Introducing product at 2020 International Meeting on Simulation in Healthcare Traction
11. Razor & Blade Model Vasculature Simulated tissue “Skin” pads Medical Schools & Hospitals Consumables Revenue Streams Simulation Systems
12. Product Timeline Spring 2020 Anastomosis Trainer Fall 2020 Femoral Endarterectomy Abdominal Aortic Aneurysm Spring 2021 Aortic Arch Repair Coronary Artery Bypass Spring 2021 Central Line Placement Aortocaval Fistula Repair
13. A Team of Innovators Hannah Eherenfeldt CEO & Co-Founder Benjamin Knapp COO & Co-Founder Drew Mouton Strategy Director Biomedical engineer with a passion for design and prior experience commercializing biotech at the New Orleans Bioinnovation Center. Previously developed simulations for the Tulane Center for Advanced Medical Simulation. Talented with 3D printers and silicone casting. Currently the Chief Innovation Officer at LSU Health Sciences Center. Serial entrepreneur and former CEO of publicly traded company.
14. Go-to-market timeline Spring 2019 Spring 2020 Pilot programs with Tulane and LSU Fall 2020 Secure manufacturing partnership Fall 2019 Provisional patent filed Summer 2020 Published White Paper Winter 2020 Market launch and begin expansion into other surgical disciplines Field validation of first product
15. The Ask We are currently raising $250K Needs: • Connections with vascular surgeons • Connections with ASU/Mayo and UA Medical School, local hospitals • Building out Advisory Board • Manufacturing products for validation study • Publishing White Paper • Marketing • New product development • Staffing
16. This is awesome — I’ve never seen a product like this before. This would be great in our surgical training programs. Dr. Christopher DuCoin Former Surgical Clerkship Director at Tulane School of Medicine www.resuture.com hannah@resuture.com /company/resuture-llc /resuture @re_suture
17. 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 2 institutions 5 institutions 15 institutions 3750 units 1250 units 200 units (3 uses/unit) Financial Projections Consumables sales revenue Systems sales revenue
18. ReSuture Carotid Endarterectomy Trainer