Vision & Product
Product
Our vision is to make high-quality health products accessible for everyone. We will achieve this by enabling creators of health products to build and operate high-quality products with 10x efficiency.
Industry & Customer
Industry Problems
Our Product
Industry & Customer
🩺 Developing medical products is among the most complex things humans craft.
There are over 2 million uniquely different medical devices being manufactured by over 70k medical device manufactures. They generate over 550 billion of revenue globally.
Untitled
💡 Here are some important facts about the industry
69% MedTech uses Excel and 47% use paper for post market surveillance compliance (PMS)
→ Source
540 medical devices recalled per minute (US)
→ Source
113 Regulators MedTech companies need to comply with
→ Source
Industry Problems
💡 Problems with the Medical Device Regulations (MDR)
Changes and effects of the MDR (Whitepaper)
→ Read more
The new MDR regulations might add costs of 5-10% of annual revenue
→ Read more
💡 Patients safety - Reasons we need regulations
200 000 MedTech device incidents occur annually
→ Source
1.6 Million drug incidents occur annually
→ Source
Implants Harm Patients Worldwide As Governments Fail On Safety - Investigative Journalists → Read more
If you are curious to gain a deeper understanding of the complexities and challenges surrounding medical device regulations, we recommend watching the following videos:
🎥 YouTube Video: Last Week Tonight
📺 Netflix Documentary: The Bleeding Edge
Our Product
🧑🏽💻 Our software enables creators of health products along the entire product lifecycle to become significantly more efficient, so innovation and accessibility experiences a boost.
We are putting our initial focus on automating compliance and regulatory tasks for medical device manufacturers.
Our first product offering focuses on AI-enabled automation of major parts of the data collection, aggregation, evaluation, and reporting for post-market surveillance activities:
Untitled
In comparison to other solutions, we are:
AI/data-first from ground up
Integration-friendly
Very modular, allowing easier adoption
and have a major focus on UX
In short, you could say we build a software where Jira meets ChatGPT for MedTech.