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1 | PAINCHEK LTD | ASX:PCK PHILIP DAFFAS, CEO & MD AGM presentation November 2020

PainChek Presentation October 2018 · 2020. 11. 25. · With the advent of COVID-19, IRT Group rapidly changed its rollout approach to PainChek, adopting a remote training approach

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  • 1 |

    PAINCHEK LTD | ASX:PCKPHILIP DAFFAS, CEO & MD

    AGM presentationNovember 2020

  • 2 |

    PainChek®gives a voice

    to peoplewho cannot

    reliably verbalisetheir pain

  • 3 |

    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

  • 4 |

    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

  • 5

    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

  • 6 |

    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

  • 7 |

    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

  • 8 |

    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

  • 9 |

    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

  • 10

    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

  • 11 |

    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

  • 12 |

    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

  • 13 |

    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

  • 14 |

    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

  • 15 |

    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

  • 16 |

    PAINCHEK LTD | ASX:PCKPHILIP DAFFAS, CEO & MD

    AGMNovember 2020