Healthtech
Development of a next generation injector
Pocket Clinic’s revolutionary system will enable people with diabetes to manage their blood glucose levels more precisely.
Problem
More than 10% of people with diabetes need insulin every day. The current treatment is based on a very old technology and is not accessible to everyone. Over- or underdosing in this process is immensely dangerous.
Solution
Patients can control and adjust blood glucose levels through a smart injector that connects directly to the app on your smartphone and is cost effective.
Market size
TAM – $35.5 billion globally
SAM – $18.48 billion in North America
SOM – $355 million is the 1% target
Business model
Pocket Clinic offers personalized therapy using a combination of low-cost, high-tech devices with everyday devices such as smartphones and smartwatches. Microsystem technology (MEMS) is used, which allows the size and price to be significantly reduced. Microneedles are used to minimize pain and the injector is easy to use with a single button press.
The monthly subscription fee makes the system affordable for all income levels, even without insurance coverage. It will positively impact patients’ perception of insulin therapy and significantly improve their quality of life.
Monthly subscription for services – Purchase the system and pay for cartridges monthly.
3-Year Contract – Includes nutritional counseling and psychological services.
5-year contract – Includes nutritional counseling, psychology services, and a trainer.
Competitive advantages
The technology optimizes the treatment, is easy to use and completely painless. Pocket Clinic differs from its competitors in two key aspects that make it unique in this field: Interoperability and price. To this end, artificial intelligence algorithms deliver the exact amount of insulin tailored to the patient.