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PAINCHEK LTD | ASX:PCKPHILIP DAFFAS, CEO & MD
AGM presentationNovember 2020
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PainChek®gives a voice
to peoplewho cannot
reliably verbalisetheir pain
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T H E I N I T I A L S I Z E O F T H E P R O B L E M
1. Ecology Communications Group. www.ecology.com/birth-death-rates2. World Alzheimer Report 20163. Germossa et al. BMC Nursing (2019) 18:404. 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), 54-71.1.
400M pre-verbal children
25-42%of hospital beds occupied by people with dementia
50M people living with
dementia
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W H E R E P A I N C H E K S T A R T E D
Australian Residential Aged Care
CARERS OF THOSE WHO CAN’T
SELF-REPORT THEIR PAIN
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P A I N C H E K ® P R O V E N P R O D U C T A N D B U S I N E S S M O D E L
66,887 beds under contract in Aged Care –up 457% year on year
190,000+ documented clinical assessments –up 241% year on year
Figures based on September 2020 Quarterly Update
1.
“Since we introduced PainChek® as a standard pain assessment tool for cognitively impaired residents in our facility, we have had a 72% increase in the number of pain assessments completed. This has translated into more pain interventions applied, including PRN medications and therapy-based
solutions” — Matt Kowald, General Manager, Barossa Village
“Under the restrictions required for COVID-19, PainChek has been even more beneficial. As a non-contact digital healthcare solution supportive of our social distancing requirements, we have continued to use PainChek
to safely assess our residents living with dementia and cognitive impairment” — Jim Murray, Facility Manager, Allambie Heights Village
“Pain and behaviour management often go hand in hand and PainChek® has provided us with a simple but effective tool to diagnose that a person has pain
and effectively manage that pain. As a result, we now have a number of documented cases of reduced use of behaviour medications (such as
antipsychotics) and an improvement in the quality of life for the residents” —Yvonne Ayre, General Manager, Regents Garden
800 Aged Care facilities contracted across 4 continents
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N O W E X P A N D I N G I N T O L A R G E R M A R K E T S E C T O R S
CARERS OF THOSE WHO CAN’T
SELF-REPORT THEIR PAIN
Home Care
Residential Aged Care Disabilities
Hospitals
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Large market opportunity with 400 Million pre-verbal Children worldwide
Difficult to discern whether pre-verbal children are in genuine pain or crying due to hunger, tiredness etc
PainChek has leveraged the same facial recognition technology from dementia/elderly patients
Potential users include children’s hospitals, post natal wards, parents, grandparents, babysitters & health care professionals
CE & TGA clearance targeted for 2021
ADDITIONAL LARGE MARKET : PRE-VERBAL CHILDREN’S APP
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P A I N C H E K ® F U L L Y D I G I T A L C A P A B I L I T Y
“With the advent of COVID-19, IRT Group rapidly changed its rollout approach to PainChek, adopting a remote training approach & running in excess of 72
video conferencing sessions across its 21 residential aged care centres.
The PainChek app has allowed IRT to provide employees with an innovative pain assessment & management tool that enables them to practice safe
distancing whilst assessing & managing resident pain.”
Alex Reed, Strategic Projects Manager, Aged Care Centres at IRT
Speeds up global access to market
Cost effective business model
Addresses pandemic needs
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B U I L D I N G W O R L D ’ S L A R G E S T P A I N A S S E S S M E N T D A T A B A S E
Future product development –
understanding pain face expressions
Thought leadership for the global market
Partnerships with therapeutic companies
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P R O V I D I N G C L I E N T S W I T H C R I T I C A L P A I N D A T A I N S I G H T S
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G L O B A L M A R K E T A C C E S S I N C R E A S I N G
Regulatory clearance received
Regulatory in progress
Partnerships
Sales presence / sales in progress
Australian CMS partners
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W H E R E P A I N C H E K I S G O I N G –A U N I V E R S A L P A I N M A N A G E M E N T T O O L F O R A L L P E O P L E E V E R Y W H E R E
giving a voice to people
who cannotreliably verbalise
their pain
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W H E R E P A I N C H E K I S G O I N G –A U N I V E R S A L P A I N M A N A G E M E N T T O O L F O R A L L P E O P L E E V E R Y W H E R E
documenting the voice of people
who can reliably verbalisetheir pain
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AGED CARE
P A I N C H E K T H E U N I V E R S A L P A I N T O O L F O R A G L O B A L M A R K E T
PEOPLE WHO CAN
SELF REPORT
THEIR PAIN
CHILDREN,PARENTS &
GRANDPARENTS
GPs, OUTPATIENT & FIRST AID
CLINICS
NURSES
DOCTORS
DAY CARE CENTRES
HOSPITALS
CARERS OF THOSE WHO CAN’T
SELF-REPORT THEIR PAIN
ALLIED HEALTH
HOME CARE
DAY CARE CENTRES
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A UNIVERSAL PAIN ASSESSMENT SYSTEM
Giving a voice to those who cannot verbalise their pain
Documenting the voice of those who can reliably verbalise pain
Combines both for patients who fluctuate between the two conditions
Application in aged care, home care, hospital & Expansion into other user groups – GPS, physio, allied health & more
Targeting 2021 market release
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PAINCHEK LTD | ASX:PCKPHILIP DAFFAS, CEO & MD
AGMNovember 2020