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SCRIPX 2019
COMPANY TIMELINE
Company Founded
November 2018
Secured Licenses & Approval
April 2019
VIPPS Accreditation
August 2019
1,000 customers
December 2019
Established First Location
January 2019
Launched Pharmacy
June 2019
Launch of Mobile Application
January 2020
NABP, URAC Accreditation
October 2019
Anticipated 1st
Prescription Delivered
29
SCRIPX 2019
WHAT’S THE PROBLEM WITH RETAIL PHARMACY?
CVS & Walgreens don’t exist to fill medications and consult patients…….
They exist to make money and sell merchandise to their customers!
1 Billion hours are spent annually waiting in line
Average wait timeper prescription: 45-60
minutes*
30% of orders are Out of Stock, requiring a
2nd trip*
47% of customers rarely to never receive pharmacist
engagement
01B 45-60 30% 47%
02Source 1
SCRIPX 2019
FILLING PRESCRIPTION IS TIME CONSUMING & INCONVENIENT
Drive or travel to the pharmacy
Stand in line to Speak with pharmacist
Wait Several Hours for it to be
Filled
Stand in Another Line to Pick Up
Prescription
Any Insurance Issues Cause Further Delay
15 min 15 min 15 min 15 min More Time
17SCRIPX 2019
SCRIPX 2019
WHAT ARE THE SOLUTIONS TO THESE ISSUES?
By changing the way pharmacy services are Delivered, Managed, and Administered; Patients will receive quicker more efficient care.
ü RUSH / STAT service for increased fee
ü 24/7 Pharmacist hotline`
FREE
Bring the Pharmacy and
Pharmacist to the patient
Prescriptionsare delivered to
the patient’s home or work
Same Dayto 48-hour
turnaround & monthly refills
03
SCRIPX 2019 20
TRANSFORMATIVE BUSINESS MODEL
The traditional Storefront Pharmacy
The SCRIPX Pharmacy
The World Today The World Tomorrow
û Large Retail Overhead Only
û Serves Population in Close
û Proximity to Store
û Relies on in-Store Pick upû Limited Home Delivery
ü Low Fixed Overhead for VirtualPharmacies
ü Highly Automated Using Robotics
ü Large Territory Servedü 100% Home delivery
SCRIPX delivery area is 40 times that of the
traditional pharmacy.
SCRIPX 2019
MODERNIZING THE DISTRIBUTION OF PHARMACY
Ø ScripX owned & operated Pharmacy Locations
Ø On-Demand, Convenient Logistics / Supply
Ø Knowledgeable Pharmacist
Ø Strategic courier, provider, & community partnerships
Ø Strategic apartment community and fitness center partnerships
Ø eCommerce and Mobile ordering platforms
04
SCRIPX 2019
USING THE LATEST IN TECHNOLOGY, WE PROVIDE FREESAME-DAY DELIVERY TO YOUR DOORSTEP
18
FreeSame Day Delivery
$5.00One Hour Delivery
Mobile AppSuper convenient
user interface
Phone callTexting
HIPPA Compliant Virtual Consulting
ComputerVirtual Assistant
SCRIPX 2019 19
SOPHISTICATED TECHNOLOGY BACKBONE
Unified Communication Layer
Logistics &Rout Optimization
Layer
2-way Electronic Communication with Physicians/Pharmacist
Total Automated process:Filling, Packaging,
Shipping
HIPAA-Complaint Communication
Pharmacy Management System
Same Day Delivery
SCRIPX 2019
PRODUCT DEVELOPMENT PLAN
Enhancing User Experience
Investing in upgrades that enhance user experience with new innovative technologies
Continuous improvement on the mobile application user interface
1
Upgrades comprehensive suite of communication modes for convenient user experience.2
Total quality management and market analysis to remain compliant and relative to market needs: AI, Augmented Reality, Virtual Assistants
3
Improving Patient Medication Adherence
20%Rx Never Filled 50% Rx Not Taken as
Prescribed
With SCRIPX
Customer data base has a wealth of
information that can be monetized.
Delivery itself increases likelihood patients take prescriptions, leading to
better health.
Intelligent reminder notifications to
improve adherence.
Disclaimer: These statements reflect management’s current views and are meant for illustrative purposes. They do not request guarantee of future results. Levels of activity performance, or achievements, all of which cannot be made. 26
SCRIPX 2019
GO TO MARKET – OTHER STRATEGIES
Ø Creating a fully Integrated Delivery Network
§ Courier Partnerships
Ø Targeted Housing & Gathering Locations
§ Large Condominium/Apartment Complexes
§ Health & Fitness Centers
Ø Employer Groups
§ Partnership programs with Employee Health Plans to provide strategic advantages
Ø Telemedicine
§ Teladoc
§ Doctors On Demand
Ø Local Clinics, Hospitals, LTC Facilities
§ Independents
Ø Franchising / Online Health
§ May be discussed during expansion conversations
§ Roman Health, For hims
Strategic Partnerships Affiliate Partnerships
07
SCRIPX 2019
AREAS OF GROWTH, SUSTAINABILITY & EFFICIENCY
Ø Automation in dispensing – Robotics, Technology
Ø Medication Therapy Management – Enhanced patient compliance
Ø Route Optimization and Logistics Efficiencies
Ø Medication Packaging
Ø eCommerce, Mobile Platforms, & Advancement into demographic needs
Ø Vertical Growth into various Specialty areas (Multi-Billion Dollar market in Dallas alone)
Ø Lateral growth into other Texas Cities & Midwest
06
SCRIPX 2019
$335BTotal US Rx
Retail + Mail Order
$260BRetail Rx
$155B65 & Under
$40BConvenience
Shoppers1
THIS IS LARGE MARKET OPPORTUNITY
Total Addressable Market
Busy Professionals – Estimate
1: High Income - Annual income between $90K and $400K (24.5%); Estimate
2: Consumers that value time over money (28%), M/A/R/C Research , 2009.
Mainstream Adopter Early Adopter 21Source 2
SCRIPX 2019
LARGE MARKETs ARE ALWAYS HIGHLY COMPETITIVE
Early Stage Competitors Emphasis on In-Store Pickup and
Upsell Opportunities
Lack of Technology Know-
how
No Same-Day
Delivery
Barriers to short term entry:
Cannot Be Low Cost Provider (Price is
controlled by PBMs)
No Advantage by Providing Widest
Selection
Stay Away from Heavily Regulated
industries.
Access to Insurance Network Blocked by PBMs
in main Order
Startups Large Chain Independents Mail Order
1 2 45 28
SCRIPX 2019
4-PRONGED STRATEGY FOR GROWTH
IN 5 YEARS
TODAY
Expand in DFW
Expand in Texas
Expand Nationwide
Marketing Expansion
23
SCRIPX 2019
GEOGRPHIC EXPANSION PLANS
Hub & Spoke Approach
Location within a metroplex to get continuous coverage
Expand in Texas• Houston, Austin, SA1
Expand into Midwest• Indiana, Ohio, Illinois,
Kentucky
2
Expand Nationwide• Major Metro’s3
24
zzzzz
1-3 Locations per Metropolitan Area
zzzzz
SCRIPX 2019
LATERAL EXPANSION - TEXAS
City Metro Population
# of Apartment Units # of Skilled Beds
Dallas / FW 7,399,662
Houston 6,892,427
Austin 2,115,827
San Antonio 2,473,974
Total 18,881,890 2,018,145 133,801
08Source 3, 4, & 8
SCRIPX 2019
LATERAL EXPANSION - MIDWEST
City Metro Population
# of Apartment Units # of LTC Beds
Indianapolis 2,028,614 101,366 53,497
Chicago 9,900,000 479,588 108,793
Louisville 1,293,953 65,886 26,148
Cincinnati / Columbus / Dayton 4,216,131 291,492
Total 17,438,698 938,332
09
Indianapolis
Louisville
Chicago
Columbus
Cincy / Dayton
Source 3, 5, 6 & 8
SCRIPX 2019
VERTICAL EXPANSION – FUTURE INTEGRATIONS
Ø Lifestyle Drugs
§ Erectile Dysfunction
§ Birth Control
§ Hair Loss
Ø Smoking Cessation
Ø Sporting Supplements
Ø Smart Technology
§ Alexa, Google, Siri
Ø Reminder, Notification System
§ Refills, Drug Interactions, Shipping Updates
Ø Artificial Intelligence, Augmented Reality, Blockchain where applicable
Medications, Supplements, Services Future Technology Integration
11
SCRIPX 2019
NOW IS THE TIME FOR ON-DEMAND PHARMACY
SCRIPX is responding to the rapidly increasing consumer demand for services
delivered same-day and managed by convenience of mobile apps, virtual doctor
visits and voice-activated assistants.
22.4MCustomers
$57.6BSpending
ON-DEMANDECONOMY
$35.5 5.6 4.6 8.1 3.8
Average spending per year in billions.
Online Marketing Transportation Food / Grocery Delivery
Other Services All other Categories
22
SCRIPX 2019
TECHNOLOGY DEVELOPMENT PLANS
Total automation from the moment a drug is prescribed to when it is delivered*
Comprehensive suite of communication modes for convenient user experience
1
Seamless deployment of automation for achieving maximum cost efficiency2
Technology backbone capable of supporting a large number of virtual pharmacy locations.3
*except for manual pharmacist verification.
Unified Communication Layer
Logistics &Rout Optimization Layer
2-way Electronic Communication with Physicians
Automation: Filling, Packing, Shipping
Pharmacy Management System
25
SCRIPX 2019
MARKETING EXPANSION PLANS
Marketing Plan for Every New Location Physician Growth Strategy
Sales RepsTargeting Physicians, Healthcare Facilities, ApartmentCommunities
DigitalSocial Media, Affiliate Marketing, PPC, SEO, AdWords
TraditionalMagazine Articles, PR, Interviews, Billboard, Radio
Word of MouthLocal Societies, Trade Shows
Location 1 Location 2 Location 3 Location 4
Sales Reps
Digital
Word of Mouth
27
Traditional
SCRIPX 2019
TIMELINE & ROADMAP FOR IMPLEMENTATION
12
State Licensure and Insurance Agreements
Lead Generation Business Start
Mobile App, eCommerce Platform, Delivery
Development Implementation
2018 2019 2020 2021
Automation, Unit Dosing and Packaging
DEV. Implementation
Vertical Integration: Lifestyle, Employee Plans, Etc.
RESEARCH LAUNCH
Expansion: Houston, San Antonio, Austin, WTX
HOUSTON SA, AUSTIN, WTX
SCRIPX 2019
NEED SUPPORT TIMELINE
13
VP Sales & Marketing
VP Logistics and Distribution
VP Technology
2019 2020 Est. Annual Salary
VP Pharmacy Operations
VP Human Resources
Total
$0 – Jon Eaton
$100,000
$150,000
$130,000
$100,000
$480,000
SCRIPX 2019
TEAM (BOARD OF DIRECTORS)
JON EATON, MBA, DBAPRESIDENT & FOUNDER
Ø Multi-Time Startup Founder
Ø BS, MBA, DBA Pharmacy & Healthcare
Ø 10+ Years in Pharmacy Sales, Mgmt., and Business Development
LYMAN EATON, R.PHINVESTOR & ADVISOR
Ø Multi-Time Startup Founder
Ø Founder Confidential PharmacyØ Successful sale of LTC to CVS - $13M
Ø Co-Founder PDS Courier
MICHAEL EPSHTEYN,PHARM. D., MSMCPO & ADVISOR
Ø Director of Pharmacy HCA Dallas
Ø Honorable Mention LEAP Award 2017
Ø HCA Pharmacy Innovator of Year 2017
Ø Experience in Management and Building RX’s
TONY PALMER,PHARM. D., MBAPIC & ADVISOR
Ø Clinical Professor UNT College of Pharmacy
Ø Board of Directors TSHP
Ø Pharmacy Consultant Retail, LTC, Acute Care
Ø 30+ years as practicing Pharmacist
Not FilledTECHNOLOGY & ADVISOR
Ø …
Ø …
Ø …
Ø …
14
SCRIPX 2019
SEEKING PARTNERS FOR GROWTH
Funding Rounds & Valuations
$2.5MSeed Fund
$15MPre-money valuation
$15MLiquidity
preference
(Val
uatio
n)Th
ousa
nd
Pre-Seed 1 Pre-Seed 2 Series or Debt
Nov 2018 Mar 2019 Current Raise$2.5MM
Our Current Raise (Seed)
Use of Proceeds
R&D Technology
Marketing & Sales
Expansion, G&A
Disclaimer: The valuations for the previous funding round were determined internally and arbitrarily30
Future Raise?
Seed 1
$-
$5,000.00
$10,000.00
$15,000.00
$20,000.00
$25,000.00
$30,000.00
1 2 3 4
ANY QUESTION
THANK YOU
SCRIPX 2019
SOURCES
15
http://www.dph.illinois.gov/sites/default/files/publications/publicationsohcr2018-ltc-annual-report.pdf
https://www.in.gov/isdh/files/Comprehensive%20Care%20Facility%20Bed%20Count%20Report%2010-01-18.pdf
https://www.ncpanet.org/pdf/pulse_2013.pdf1
3
7
5
2
4
https://www.actuary.org/content/prescription-drug-spending-us-health-care-system
HBR, National Technology Readiness Survey 2015
6
https://veplus.vendoredge.net/Pages/SelectMarket.aspx
https://www.skillednursingfacilities.org/directory/tx/
8 https://www.visualcapitalist.com/map-economic-might-u-s-metro-area/
