only | |
Quarterly Update | |
January 2022 | |
use | |
ersonal | PAINCHEK LTD |
PHILIP DAFFAS, | |
CEO & MD | ASX:PCK |
CORPORATE OVERVIEW
ersonal use only
PainChek provides Software-As-A-Service that uses AI for the detection of patient pain via video analysis
- Targeting enterprise customers who have patients with an inability to communicate pain levels (e.g. dementia)
Technology is clinically & commercially validated, has key regulatory approvals & is unique
- Multiple peer reviewed publications & clinical trials - 90% + concordance to existing methods
- Adult and Infant Apps regulatory cleared for sale in Australia, Europe, UK, NZ, Singapore & Canada, FDA in progress
- Patent granted in US, Japan, Australia and China - awaiting grants in Europe - protection until 2037
Large global markets - now in global commercialization phase based on strong Australia take up
- Over 1,500 aged care facilities & ~125,000 beds already signed up to SaaS contracts in Australia - ~60% market share
- UK sales accelerating with NZ and Singapore underway
- 80-85% long term gross margins & recurring revenue each month
- Multiple new products scheduled for launch over next 2 years to drive further growth (B2C dementia, infant/toddler)
Better outcomes for patients & enterprise customers
- Improved patient care - more targeted treatments & better outcomes
- Improves efficiency - saves customers money - less data entry/labour, less adverse patient events
2 |
ersonal use only
Our purpose is to
give a voice to
people who
cannot reliably
verbalise their pain
3 |
THE INITIAL SIZE OF THE PROBLEM
ersonal use only
400M25-42%
pre-verbal children | of hospital beds occupied |
by people with dementia | |
57M
people living with
dementia
>150M expected by
2050
- Ecology Communications Group. www.ecology.com/birth-death-rates
- World Alzheimer Report 2016
- Germossa et al. BMC Nursing (2019) 18:40
- Tsai, I. P., Jeong, S. Y. S., & Hunter, S. (2018). Pain assessment and management for older patients with dementia in hospitals: an integrative literature review. Pain Management Nursing, 19(1), 54-71
- Lancet Public Health - January 2022
4 |
PAINCHEK STRATEGIC PILLARS FOR 2022
ersonal use only
CORE RAC
MARKET
EXPANSION
- Implement 120,000 contracted beds across ANZ and transition to standard PCK contracts - targeting $5.5m ARR
- Expansion of UK beds licences & integrations
- Establish broader market position in NZ, Singapore & Canada
FOCUS ON
COMMERCIALISATION OF
INFANT APP
- Initial target markets:
- Post vaccination initial focus
- Health care professionals & home consumers
- Global therapeutic partnerships
- Potential as key tool in COVID-19 vaccinations
- Large market opportunity in regulatory cleared overseas markets
STRATEGIC NEW
PRODUCT & GLOBAL
MARKET ENTRIES
- Build Home Care & Hospital business model & sales in ANZ
- Establish disability market entry model
- Leverage ANZ learnings in UK & other overseas markets
- Submit FDA de novo clinical study
- Establish market entry model & partnerships for EU & Asia
5 |
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PainChek Limited published this content on 28 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 January 2022 00:25:01 UTC.