Mobile Health Business Models That Work
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Mobile Health Business Models That Work
- 1. Business Models That Work In Mobile Health Sonny Vu Chairman and Founder, AgaMatrix SMS: 617-642-6226 @SonnyVu www.agamatrix.com
- 2. 130 Employees (Salem, NH) COMMERCIAL Partners Intellectual property ALL ABOUT MHEALTH
- 3. Demo Video
- 4. Games, useful services, etc. +
- 7. What can we do today? Connected Health Public Policy Drug Discovery
- 8. Healthcare Costs Related to Disease Source: http://bit.ly/ksigHF
- 9. Non-Compliance Non-Compliance I didn’t fill my prescription. We filled our prescriptions. Source: http://bit.ly/lrkLf7
- 10. Potential Savings From Improvements in Healthcare Quality and Safety $100B Non-Adherence $9B $20B $40B $30B Source: http://bit.ly/kBi2eO Music Video Games Book Publishing Online Ads Source: http://bit.ly/El4R8 Source: http://bit.ly/mkY3PQ Source: http://bit.ly/iPs8dH Source: http://bit.ly/mR9l9o
- 12. What You Can Sell
- 13. Road Blocks
- 14. Who will pay for what?
- 15. Type 1 Patient: 365 days/year x 4-8 tests/day x 16¢ - 50¢/strip ------------------------- $233 - $1460 / year Meter cost ($20-$40) covered within a few weeks ~30-60 million people Type 2 Patient: 365 days/year x 1 - 3 tests/day x 16¢ - 50¢/strip ------------------------- $58 - $273 / year Meter cost ($20-$40) covered within a few months ~240-270 million people
- 16. Key Companies for mHealth …Aren’t In This Room (?) www.agamatrix.com 16
- 17. Music Innovation Cost Music Retailers
- 19. What Opportunities Exist in $50B? $50B in Pharma products are going “Off Patent” in 2011-12 Even after that destruction the Pharma industry will be worth $720B! www.agamatrix.com 19
- 20. “ My goal as CEO is never to inaugurate a new research and development center. ” - Chris Viehbacher, CEO sanofi-aventis Source: http://bit.ly/htou1n
- 21. Product Design Philosphy & Tips
- 22. The Ideal Combination &
- 23. We All Want to Believe +50%!
- 24. Unsexy
- 29. 2011 Winner Life Science & Medicine Category Other 2010 Winners: Apple: iPad, iPhone 4 Daimler AG: Mercedes Benz SLS AMG Coupe svu@agamatrix.com @SonnyVu