Medtech Startup Showdown 2017: Round 1—Applied Nanoscience vs VideoKallMedtech Startup Showdown 2017: Round 1—Applied Nanoscience vs VideoKall
Applied Nanoscience Inc.
March 20, 2017
vs.
Describe your device and how it will benefit healthcare. | A proprietary nanoparticle-coated protective face mask (disposable) with unparalleled, broad spectrum efficacy against harmful pathogens such as avian influenza (H9N2), Human influenza A (H3N2), S. Aureus (MRSA), S. Pneumoniae, H-flu, and swine flu. | We are developing an aggregate of FDA-approved devices, along with robotics, in a continuously sanitized private cabin with automatic instrument cleaning, and telehealth for self-service, telehealth-assisted use for outpatient services. |
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How does your product differ from the competition? | Complete and total eradication of these pathogens on the surface of the protective mask proven effective against these aerosolized pathogens. | It is the first unmanned (unattended) clinic for retail and corporate use with complete instrumentation to assess, triage, refer and treat seasonal illnesses and chronic illnesses. The unit can be connected to a supporting medical call center at a hospital or clinic via fiber and/or satellite facilitating placement in urban, suburban and rural locations in indoor, outdoor, and mobile environments. |
Do you have customers yet? | Functional pilot plant to demonstrate the production scalabilty of NanoFense coating. Pilot launch in planning stages targeting Southeast Asia consumers and hospitals. | We have demonstrated our working prototype (alpha) unit to customers and investors. We have an LOI for a customer trial of our beta unit, which is in preparation with a leading university, for piloting this year at their school of nursing and at the senior independent living facility. These will be followed by a trial with the same hospital and a large supermarket chain. |
How much money have you raised? | $3.5M | We have raised about $400,000 in cash and $300,000 in equivalent services. |
Who are your investors? | Private placement shareholders | Investors are friends, family, founders and fools along with two small partner companies. |
What is the next milestone for your device? | Pilot product launch | A pilot at the university's school of nursing in 3Q17, which will be followed by a customer trial in 1Q18 at the senior living facility supported by a name hospital in that area. 510(k) will be filed for FDA notification in 1Q18. Supermarket trial is scheduled for 2Q18. |
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