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NYCEDC eLab Presentation 2013-01-22 Mark Punyanitya Rodney Agayan Image Reading Center, Inc.

2013 01-22 NYCEDC eLab presentation

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Page 1: 2013 01-22 NYCEDC eLab presentation

NYCEDC eLab Presentation���2013-01-22

Mark Punyanitya Rodney Agayan

Image Reading Center, Inc.

Page 2: 2013 01-22 NYCEDC eLab presentation

OUR TEAM •  Mark Punyanitya, Founder & CEO

–  Columbia University Medical Center, Biomedical Engineer –  Applied Physiology @ Columbia, Applied Clinical Trials @ NYU –  From Idea to IPO: The Technology Venture Course @ NYAS�

•  Rodney Agayan, PhD, CTO

–  Columbia University-BME Dept, Postdoctoral Research Scientist –  Applied Physics & Electrical Engineering @ U Michigan�

•  Ali Ardati, PhD, Scientific Director –  Sanofi, Head-Quality of life-Pain and Urology, Therapeutic Scientific Unit-Aging –  Molecular Biology @ Université de Montréal�

•  Joyce Ehrlich, Business Development

–  Keap Street Advisors, LLC, Founder –  Public Health Administration @ NYU, Epidemiology @ Columbia �

•  Research Staff:

–  Administrative, Project Management, and Scientific

Presented to NYCEDC, 1/22/13 2

Page 3: 2013 01-22 NYCEDC eLab presentation

OUR STORY

•  Over 15 years of Academic Research�

•  Develop, Validate, and Implement �

•  National & International�Multi-Center Trials �

•  Project Management �and Problem Solving

Presented to NYCEDC, 1/22/13 3

Page 4: 2013 01-22 NYCEDC eLab presentation

THE PROBLEM

•  Scientific Expertise is not Technical Expertise�

•  Clinical Investigators, Research Nurses, �& Study Coordinators �

•  Very little QC or �technical oversight �

•  Conventional training: �10%-50% of imaging �data may be rejected

Presented to NYCEDC, 1/22/13 4

Page 5: 2013 01-22 NYCEDC eLab presentation

OUR SOLUTION

•  Virtual Imaging Lab:

•  Cloud Based Image Transfer:

Presented to NYCEDC, 1/22/13 5

• Acquisi'on  • Upload  

Imaging  Facility  

• Protocol  • Technical  

Cloud  Pla<orm  

• Documents  • Human  QC  IRC   • Accessibility  

• Metrics  Sponsor  

Compliance  

Documenta'on  

Learning,  Training,  Tes'ng  

Page 6: 2013 01-22 NYCEDC eLab presentation

THE MARKET

•  $37 billion for clinical trials outsourcing

•  Unnecessary procedures and amendments cost over $5 billion per year

•  Revenue in the applied research services���is at $267,000 per employee.

Presented to NYCEDC, 1/22/13 6

Page 7: 2013 01-22 NYCEDC eLab presentation

THE MARKET

Medical Image Analysis

1.7  

2.4  

0  

0.5  

1  

1.5  

2  

2.5  

2012   2017  

(in  Billions)  

Clinical Trial Image Management

0.6  

1.3  

0  

0.5  

1  

1.5  

2  

2.5  

2010   2016  

(in  Billions)  

Presented to NYCEDC, 1/22/13 7

Page 8: 2013 01-22 NYCEDC eLab presentation

THE COMPETITION

Presented to NYCEDC, 1/22/13 8

Page 9: 2013 01-22 NYCEDC eLab presentation

OUR CLIENTS & COLLABORATORS

Presented to NYCEDC, 1/22/13 9

Page 10: 2013 01-22 NYCEDC eLab presentation

POTENTIAL REVENUE

•  �

•  Academic Investigators: – Collaborator/Consultant for Proposals – Subcontractor/Vendor for Awards �

• 

•  Industry Sponsors (Biotech/Device/Pharma): – Partnered R&D for New Methods – Vendor for New Technology Implementation

Presented to NYCEDC, 1/22/13 10

Page 11: 2013 01-22 NYCEDC eLab presentation

Thank you!

Presented to NYCEDC, 1/22/13 11