wwwBendFlexin A device to improve the success rate in InVitro Fertilization IVF process Raghunath Babu work ex 3 yrs Strategy Marketing Fin The Team Mentors Advisors and Collaborators ID: 917915
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Slide1
Healthcare
/ Medical Devices
™
www.BendFlex.in
A device to improve the success rate
in
In-Vitro Fertilization
(IVF) process
Slide2Raghunath Babu(work ex 3 yrs)(Strategy, Marketing, Fin
)The Team
Mentors/ Advisors and Collaborators- Prof.
Ananthasuresh, IISc BangaloreProf. Madhavan L. Raghavan, University
of
Iowa
Dr. Santosh Bhargav
(research 7
yrs
, exp. 2
yrs
)
(R&D, Operations)
Dr. Ramnath Babu(research 6 yrs, exp. 1 yr)(R&D, Product Devpt.)
Slide3Compliant Mechanisms
Slide4Micro grippers
Slide5Why IVF15% of couples infertile, on the rise!Success rate
40% to 70%Parenting – High emotional valueTurn-around-time ~ 2 to 3 monthsMarket -
$5 Bn, India $220 Mn (CAGR – 21
%)
Slide6IVF Pain pointsSuccess (40% - 70%)
* Based on E&Y report (July 2015), other literature, discussions with eminent doctors in the industry
Embryo Assessment
(Visual inspection)
Skilled Technicians
(<3% of embryologists)
Lack of sense of depth
*
(No feedback)
Doctors
Couple
Slide7Our Solution
Video
Gripping technology
,
ultra-sensitive force sensor (
Patent pending)
1) Force-feedback 2) Haptics 3) Automation
Slide8Value Proposition
Slide9Business Model
B2B model – IVF
centres
Collaborate
One time - $6,500 per device
$100 - $200
per cycle
(IVF cycle costs
$4,000 - $6,500 per Indian couple
)
IP Licensing
Royalty
of 2.5%-
4%
Device manufacturers
Central Hub
IVF leaders -
Nova IVI
,
Hiranandani
,
Apollo
Pharma
majors
- Sun
Pharma
,
Lupin
Pharma
,
Zydus-Cadila
Healthcare
Slide108 metros (55%)
1.4L cycles 200 centres
Market Opportunity
10-15
%
(27.5 million) couples are
infertile
1 lakh to
2.6 lakh cycles
in 2020 (CAGR 21%)
Recent investments in IVF industry in India is a testimonial to its potential
TAM
- $5 billion (Global market)
SAM
- $220 m
illion (India – 4 years)SOM - $22 million (Targeted cities)
1
Rest of India (45%)
1.6L
cycles
800
centres
2
IVF Cost -
1/3
rd
as
that of USA
Affordable
to
Top
20%
of target group
Slide11Comparison with existing solutions
BendFlex
EppendorfNarishige
Sutter
Ovum
Immobilization
Sperm-injection
Controller
Force-feedback
Gentle
manipulation
Automation
of injection
Slide12Current Status
Tested with Zebra fish embryo
Strategic
Relationships
A leading IVF clinic in Bangalore
for clinical testing
IKP-EDEN, Bangalore
A leading Genetics consultants lab in Bangalore
Product Stage
Tested with Zebra fish embryo (3x)
Drosophila embryo (1x)
MicroN
Slide13Milestones
CompletedDev. of Micro GrippersForce sensor
Zebra fish testingAutomation
Slide14Our Vision
Slide15Backups
Slide16Thank You
Contact :
Raghunath Babu
T J
961 169 1032
raghu@bendflex.in
Office Address :
#19, 20th Main Road,
Padmanabha Nagar,
Bangalore - 70
Slide17IVF Quick Overview
Stimulation
To produce eggs within the body
Egg retrievalEggs are retrieved from the patient
Fertilization and Culture
Embryo transfer
The chosen embryos are transferred into the uterus of the concerned person.
Insemination
Introduce sperms into the ovum/egg
Eggs fertilize to become embryo
Intra-cytoplasmic
sperm injection (ICSI)
1
2
3
4
5