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GlucoVision

GlucoVision. Looking to the Future: A u t o m a t e d G l u c o s e T e s t i n g. Jefferson Lin - CEO Victor Chiang - CRO/COO Sean Cleary - CTO Shun Yu – CMO Andy Zheng - CFO Faculty Advisor: Professor Christopher Jacobs.

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GlucoVision

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  1. GlucoVision Looking to the Future: A u t o m a t e d G l u c o s e T e s t i n g Jefferson Lin - CEO Victor Chiang - CRO/COO Sean Cleary - CTO Shun Yu – CMO Andy Zheng - CFO Faculty Advisor: Professor Christopher Jacobs

  2. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary Design Problem and Brief

  3. Design Problem and Brief DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary DS5 - 3D Concept Cover/ Magnifying Glass Glucose Meter Test Strip Battery Pack Rotating Disk of Lances Lance

  4. Design Problem and Brief DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary DS5 – Chosen Idea

  5. Design Problem and Brief DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary DS6 - Prototype Plan Linear Slider Metal Spring Glucose Monitor Input/Output Device Linear Actuator Teflon Bar Step Motor

  6. Design Problem and Brief DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary Component Overview

  7. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary Executive Summary/Company Overview

  8. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary The Market • One in three born in 2000 will have diabetes • 24 million have diabetes • 57 million have pre-diabetes • 174 billion dollar market • Existing companies and competition • Accucheck • Freestyle • Ascencia • No existing devices that specifically addresses the visual/dexterity impairments • Appeal to all diabetes patients with convenience and accessibility

  9. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary The Market • Competitive Advantage • Integration of Automation • Ease of Use • Convenience for all ages • Target Physicians and Patients • Health conventions • Demo products • Risks • Limited advertisement base • Established reputation

  10. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model  Projections and Development  Summary Business Model • Competitive market – full of hurdles • Partnership • Obtain 10% of profits from sale of new disposable parts • We only manufacture add-on • Advertisement taken care of by partner company • Initially sell our device with partner’s original glucose monitor for discounted price to expand awareness of our product

  11. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model Projections and Development Summary Financial Projections

  12. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model Projections and Development Summary Financial Projections

  13. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model Projections and Development Summary Development Plan: Short Term • Short Term Considerations: • Blood Glucose Meter Supply: (ACCU-CHEK® Compact Plus, ACCU-CHEK® Advantage®, FreeStyle Flash®, and MediSense® Precision XtraTM ) • Finalize Design: First Prototype Plan • Order Parts Testing/Optimization December 08 January February March April May 09 Prototype Development Blood Extraction Mechanism Interchanging test strips/lances Sterilization

  14. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model Projections and Development Summary Development Plan: Long Term • Market Entry: Sale of Add-on Product Improvement Customer Feedback/Development of 2nd version May 2009 2010 2011 2012 2013 Clinical Trials at Naomi Berrie Diabetes Center (CUMC) • FDA Approval: Obtain 510(k) Pre-market notification • Released 2nd updated version of add-on

  15. Design Problem and Brief  DS5 and DS6  Executive Summary  Market and Model Projections and Development  Summary Summary • Add-on to complement existing devices • Convenient, all-in-one system • Appealing across all ages

  16. Acknowledgements • Dr. Elizabeth Hillman • Assistant Professor of Biomedical Engineering, Columbia University • Dr. Christopher Jacobs • Associate Professor of Biomedical Engineering, Columbia University • Keith Yeager • Laboratory Assistant Manager, Biomedical Engineering • Naomi Berrie Diabetes Center • Dr. Golden, Endocinologist • Patricia Kringas, RN • Brian Park • Dr. Edward Guo • Professor of Biomedical Engineering, Columbia University • Dr. Lance Kam • Assistant Professor of Biomedical Engineering, Columbia University • Dr. Helen Lu • Associate Professor of Biomedical Engineering, Columbia University

  17. Questions Living with diabetes can be complicated. Let GlucoVision make your life easier. Adapted from Bayer Diabetes

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