Neocontrol Chair
Transcription
Neocontrol Chair
Magic Race / Kitalpha Medical The Neocontrol Treatment Chair Company Background Started as Neotonus in 1994 Device introduced at American Urology Conference in 1999 Technology and patents acquired in 2009 • Prof. Dr. Michael Jordan. MD sole owner 510(k) approved In excess of 2,300 devices installed in over 57 countries Neuro-stimulation device used to treat urinary incontinence Strong IP protection Seeking distribution partners and capital for 2nd generation design ExMI Treatment Chair/2012 2 Device ExMI Treatment Chair/2012 3 Executive Summary The Neocontrol chair applies ExMI therapy; it has a proven track record with patients suffering from incontinence Executive Summary ExMI™ is a patented technology for magnetic nerve stimulation. The Neocontrol chair applies this technology to treat incontinence patients. This adjuvant therapy is 100% non-invasive. Other indications comprise pregnancy after-care, erectile dysfunction (ED), orgasm problems, interstitial cystitis. Neocontrol therapy is approved by the FDA; the Neocontrol chair is also CE certified. The main USPs of the Neocontrol chair are the high patient compliance, its proven efficacy and success (documented in clinical studies) as well as its financial appeal for the doctor operating the chair. Growth opportunities in emerging markets (e.g. China) have not been exploited yet. There are only two competitors (M-Cube and QRS), but both have not managed to penetrate the market, as their technology is by far inferior to the patented ExMI technology (competitor technology does not reach necessary penetration depth). There are no high-ranking clinical studies that could prove the competitors’ efficacy in treating incontinence. ExMI Treatment Chair/2012 4 Mode of Operation The Neocontrol Chair applies the ExMI technology to persistently strengthen the pelvic floor muscles ExMI™-Technology: Mode of Operation • ExMI™ produces a highly focused time varying magnetic field which penetrates deep into the perineum, activating the pelvic floor muscles by stimulating all branches of the pudendal and splanchnic nerves. The contractions strengthen the pelvic floor; muscle tonus (vaginal and anal sphincter muscles) builds up: • ExMI™ produces pulses of steep gradient magnetic flux that are focused by a specially designed therapy head. • A time varying magnetic field creates an electrical potential which causes ion flow, or Eddy currents, in the soft tissues of the pelvic floor. This ion flow results in a brief depolarization of resting motor neurons. • When a threshold is reached, an action potential is initiated for that neuron. This action potential then propagates naturally down the axon via the usual Na+ and K+ ion flows. • Once these impulses reach the motor end plates, the muscles of the pelvic floor respond by contracting at a equal to the output pulse rate of the therapy head. • The muscles contract and relax with each pulse, unless the output pulse rate exceeds the muscles’ ability to contract and relax, resulting in a constant, or tetanic contraction on the muscles. Control Unit Treatment Chair Magnetic Field Induced Nerve Impuls MotorNeuron Motor End Plate Pelvic Floor Muscle ExMI™: Nerve Impuls Contraction of Pelvic Floor and Sphincter Muscles ExMI Treatment Chair/2012 5 Areas of Application / Patient Pool The Neocontrol chair addresses therapy needs of a broad patient pool Neocontrol Chair: Areas of Application Continence Care Sexual Dysfunctions • Stress Incontinence, Mixed Incontinence • Erectile Dysfunction (ED) • Incontinence after Radical Prostatectomy Surgery • Ejaculation Problems • Pregnancy After-Care: Recovery of the Vaginal Tonus after Delivery • Orgasm Problems • Feces Incontinence • Cystitis Interstitialis Patient Potential • 20 – 23% of the adult population in the developed world suffer from some degree of incontinence Patient Potential • Globally, about 150 million women and men are estimated to suffer from some kind of the sexual dysfunctions mentioned above • Incontinence incidence with the female population in the US is at ~ 7% Source: Townsend et al. (2007): Incidence and Remission of Urinary Incontinece in Middle-aged Women, in: American Journal of Obstet. and Gynecol. ExMI Treatment Chair/2012 6 Unique Selling Propositions Patients readily accept ExMI-based treatments as they are non-invasive and painless Unique Selling Propositions of the Neocontrol Chair USP Competitive Advantage in Detail 1. High Patient Compliance • 100% Non-invasive; patient does not have to actively engage in treatment – Patient sits fully clothed on the Neocontrol chair and can e.g. read a newspaper. No skin contact, no gel, no probes… • No side effects; complementary to medication-based therapy – Patient only feels a slight tickling during treatment; some patients may experience light muscle ache after a therapy session • Suitable for every age group • Only little time investment necessary: after 20 treatment sessions the pelvic floor muscles have regained their necessary strength – 2 sessions per week, 20 minutes each, achieve the desired training outcome. 2. Proven Medical Success • Cleary reduced number of leakage episodes (cf. incontinence study results on page 6) • High patient satisfaction as quality of life increases sharply • Only standardized pelvic floor therapy on the market: we strive to get the adjuvant, non-invasive therapy with listed in the guidelines for incontinence care. • Therapy success lasts at least 12 months; thereafter we recommend 5 refreshment sessions / year. Proven medical efficacy, financial benefits for the doctor as well as a high patient compliance set Neocontrol apart from other incontinence therapies Source: Results from clinical studies (cf. following page); patient questionnaires ExMI Treatment Chair/2012 7 Study Results Clinical studies and field reports confirm the medical efficacy of treating incontinence with the ExMI technology Selected Study Results: Incontinence Treatment Therapy Result Study Findings Authors (Excerpt) Reduction of voiding frequency • Voiding frequency significantly reduced • Continence can be regained more quickly after RPx1 as compared to common pelvic floor gymnastics. • Reduction of voiding frequency already sets in after the first month of treatment (quick therapy result) • Nowak, Martina et al. (2007): Prospective Study of ExMI Therapy vs. Standard Pelvic Floor Training Following Radical Prostatectomy • MacDonald Roderick et al. (2007): Pelvic floor muscle training to improve UI after RPx: a systematic review of effectiveness Reduction of required pads • If ExMI therapy is started within the first 12 months after RPx, the number of required pads can be reduced to 1/3rd (median). • Moderate cases do not need any pads anymore • McCammon, Kurt (2008): Multi-Center Study of Extracorporeal Innervation for Treatment of UI following RP • Wöllner, Jens (2008): Therapie der Harninkontinenz mit Extracorporeal Magnetic Innervation (ExMI) No or significantly reduced involuntary urine leakage • Patients are able to better control the act of urination; proven by weight analysis of used pads before and after the therapy (degree of wetness) • Marschall-Kehrel, Daniel (2008): The Magic Magnetic Chair – How to Facilitate Best • Gruenwald, I. et al. (2001): The Efficacy of ExMI in the Treatment of Stress and Urge Incontinence Increased Quality of Life • Changes in patients’ perceived quality of life have been tracked by standardized questionnaires: patients experience a significant increase in their personal quality of life. • Bourcier, Alain: The French Experience on Extracorporeal Magnetic Innervation • Madersbacher, Helmut: Was bringt die hochenergetische Magnetfeldtherapie? – Ergebnisse einer randomisierten, prospektiven Studie High patient satisfaction • Patients appreciate the non-invasive nature of the therapy, that they do not have to undress • Patients confirm efficacy in their feedback • Therapy is painless • Marschall-Kehrel, Daniel (2008): The Magic Magnetic Chair – How to Facilitate Best • Wöllner, Jens (2008): Therapie der Harninkontinenz mit Extracorporeal Magnetic Innervation (ExMI) (1) RPx = Radical Prostatectomy ExMI Treatment Chair/2012 8 Competitive Landscape Due to its patented technology, only the Neocontrol chair achieves the therapeutically necessary penetration depth Competitive Landscape / Comparison with Neocontrol Competitor 1: M-Cube (Korea) • “Air-Core technology” • Achieves only 1.5 - 2 cm penetration depth – not suited for treating incontinence • Therapeutic efficacy not proven Competitor 2: QRS (Liechtenstein) • Multi-purpose device (oxygen therapy, light therapy, pelvic floor stimulator) • Also achieves only 1.5 – 2cm penetration depth • Therapeutic efficacy not proven Comparative Study: Test Results Neocontrol Chair: Proven Efficacy • Only the patented ExMI™ technology allows for nerve stimulation depth in excess of 7cm; this depth is vital for successfully treating incontinence ExMI™ Technology Competitor (Air-Core) Distance (cm) • Targeted activation of all incontinence-relevant nerve groups allows for training all relevant muscle groups in the pelvic floor as well as the vaginal sphincter • Therapeutic efficacy proven by clinical studies (cf. page 7) Quelle: Product leaflets, laboratory test results conducted by Neotonus Inc., clinical study results (cf. page 6) ExMI Treatment Chair/2012 9 Competitive Landscape Alternative treatment methods are often painful, highly invasive and inconvenient Alternative Treatment Options to the Neocontrol Chair Therapy Method Description Electrical Stimulation Electrical stimulation probes are inserted rectally or vaginally to innervate the pelvic floor and sphincter muscles. Highly invasive treatment; has to used twice daily for 20 minutes each over at least 6 months. Biofeedback Training Extension to conventional pelvic floor gymnastics: by inserting a vaginal probe, the patient receives an acoustic or visual feedback informing her whether she is training the correct muscles. Requires professional instruction. Vaginal Pessary Patient inserts a vaginal pessary. Pulling on the pessary forces it apart and to enlarge. The resulting pressure lifts the ureter and thus achieves continence. Uncomfortable and invasive treatment option. Vaginal Weight Cones Patient inserts vaginal weight cones that are similar in shape to sanitary tampons. The patient learns to hold the weights by tensing her sphincter muscles. Addition to conventional pelvic floor gymnastics. Pelvic Floor Gymnastics Patient performs gymnastic exercises to strengthen the pelvic floor and sphincter muscles. Requires a lot of patience and perseverance. Success is largely dependent upon physical mobility and age of the patient. Highly invasive Degree of Invasiveness Example: Electrical Stimulation Alternatives are uncomfortable, highly invasive, and often not sufficiently effective Non-invasive The listed alternatives comprise all the well-established conservative (i.e. non-surgical) therapy options. Source: www.inkontinenz-selbsthilfe.com ExMI Treatment Chair/2012 10 Appendix Independent scientific studies from numerous countries prove the success of ExMI therapy Selected Study Results I/II Brief Summary of Study Results UK AT, I, GR, D AT D MEX Full Version Rowe et al. (Department of Urology, St. Mary‘s Hospital, London, 2005) write: „The novel use of pelvic floor electromagnetic therapy may be a promising new noninvasive option for chronic pelvic pain syndrome in men“ Nowak et al. Write 2007: „ExMI offers a novel medical treatment strategy following radical prostatectomy that provides earlier recovery of continence (at 3 months). At 6 and 12 months post-RPE continence rates were significantly superior to those undergoing PF treatment alone. Thus, ExMI treatment seems to offer a new adjunctive strategy for men with post RPE incontinence and should further be investigated in conjunction with anticholinergic agents.“ Prof. Dr. Madersbacher at the Landeskrankenhaus Innsbruck writes: „[…] urodynamisch wurde bei der Magnetfeldtherapie eine deutliche Zunahme des Harnröhrenverschlussdruckes festgestellt. […] Die Vorteile der hochenergetischen Magnetfeldtherapie mittels Magnetstuhl liegen in der einfachen, schmerzfreien Anwendung, sowie fehlender Nebenwirkungen und einer damit verbundenen hohen Akzeptanz auch bei älteren Betroffenen.“ Dr. Jens Wöllner at the Johannes-Gutenberg University Clinic Mainz, writes 2008: „Das ExMIVerfahren stellt ein effizientes, wirksames und nicht invasives Verfahren in der Therapie der Inkontinenz dar.“ Furthermore, Dr. Wöllner presents his study results at the 60. congress of the German Urological Association. The presentation is available online (in German only): : www.abstractserver.de/dgu2008/video/vortrag_116/index.htm Martinez et al. (Centro de Urologia Avanzada, Cd. Delicias, Chihuahua, Mexico) write 2008: „This study provides evidence of the positive impact of electromagnetic wave therapy, increasing patient orgasmic capacity not related to the couples‘ sexual conduct. Our hypothesis is that there is a reactivation of the neuromuscular union or of the afferent fibers as a result of the electromagnetic effect with an increase in the sensorial function of the pelvic floor.“ The full reports are available online by clicking on the WWW-Link (active internet connection required). (Study) (Presentation) ExMI Treatment Chair/2012 11 Appendix Dr. Wöllner observes that patients need significantly fewer pads after undergoing ExMI™ treatment Example Study Results Dr. Wöllner (Excerpt) Significant Reduction of Pads Required 100 Before ExMI™ After ExMI™ On average 4.3 pads / day On average 1.9 pads / day Proportion (%) Patient Satisfaction after ExMI™ Therapy % 79% 63% • About 80% of those patients that began treatment within 12 months after their first leakage episode were highly satisfied with ExMI™ treatment outcome. • A later therapy start still yields very satisfactory results. # of Required Pads per Day • Good results especially with stress incontinence; high patient satisfaction • Significant reduction in pad usage, especially when therapy is started early • Outpatient therapy, non-invasive, painless, no side-effects Source: Dr. Jens Wöllner, Johannes-Gutenberg University Clinic, Mainz, Germany, DGU Conference Presentation, 2008 ExMI Treatment Chair/2012 12 Growth Opportunities Growth opportunities lie in targeting new market segments outside of urology… Growth in New Market Segments Vision Urology Product Neocontrol Chair Neocontrol Chair New Devices New Devices Strategy Market penetration Market development Market development Market development • Incontinence after radical prostatectomy • Erectile dysfunction • Ejaculation problems • Stress incontinence, mixed incontinence • Feces incontinence • Acute und chronic pelvic pain • Interstitial cystitis1 • Stress incontinence, mixed incontinence • Feces incontinence • Pregnancy after-care: Strengthening of vaginal sphincter tonus • Orgasm problems • Acute und chronic pelvic pain • Interstitial cystitis1 Indications1 Area Gynecology NEW Orthopedics NEW • Thrombosis (also preventative) • Osteoporosis • Osteoarthritis • Carpal tunnel syndrome • Nerve stimulation (e.g. after an accident or operation) Sports medicine NEW • Muscle build-up e.g. after a lesion • Foster blood circulation • Treatment and prevention of thrombosis • Osteoporosis • Osteoarthritis • Carpal tunnel syndrome • Nerve stimulation (e.g. after an accident or operation) ExMI™ Platform Technology (1) Interstitial cystitis = common form of bladder pain syndrome ExMI Treatment Chair/2012 13 Growth Opportunities …and by expanding geographically, especially to emerging markets such as China, India, Brazil Growth by Further Geographic Expansion Number of urologists: 8.000 Number of gynecologists: 20.000 EU BIG-5: D, F, E, UK, IT Number of urologists: 11.000 Number of gynecologists: 27.000 Number of urologists: 8.000 Number of gynecologists: 15.000 Total of Private Practitioners in EU-Big5, US and Japan: about 89,000 Source: German Medical Association (Bundesärztekammer); United States Department of Labor; American Urological Association; The Japanese Urological Association; Ministerio de Sanidad, Política Social e Igualdad; The National Health Service Information Centre UK ExMI Treatment Chair/2012 14 Summary Proven, patented, Neuro-stimulation device used to treat urinary incontinence In excess of 2,300 devices installed in over 57 countries 510(k) approved Made in the USA Seeking distribution partners and capital for 2nd generation design Contact: Katan Associates, Inc. Prof. Dr. Michael Jordan, MD ExMI Treatment Chair/2012 15
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