About our project
The problem we solve: The problem Neutun is addressing is the lack of convenient, objective, automated recording of convulsive epilepsy and chronic condition cases. Many people living with convulsive epilepsy must depend on memory or other people recording seizure activity when discussing their condition with their healthcare team. Our family has had many medical scares over the years, including Eric having flesheating disease, a family member suffering from epilepsy and our mother having slipped discs in her neck and having open back surgery for a broken spinal bone. We were forced to carefully keep track of our medical conditions and subsequent health outcomes. We built Neutun to track and manage the conditions we live with on a daily basis. Currently, an estimated 300,000 Canadians/90,000 Ontarians/3 million Americans/65 million people around the world live with epilepsy. 1 in 26 Americans will develop epilepsy in their lifetime, and each year in the USA 200,000 people are diagnosed with epilepsy.
About our solution:
Neutun provides safe and stigma free seizure tracking from your smartphone and smartwatch. The Neutun solution solves the target customer's problems by enabling automated recording of convulsive seizures, informing concerned parties of any potential seizure-like events occurring, and offering the possibility to build further functionality into the system that would better detect non convulsive seizures. We give users the ability to analyze the data we track; this benefits them by identifying missed seizures, notifying loved ones of events and providing critical medical information to first responders. Neutun can notify indicated individuals via email, SMS and automated phone calling (varies by country).
Progress to
date:-thousands of users in over 900 cities globally
-Working with Google, USARx, Johson and Johnson and more
-Working with top academic and health institutions
About Our Team
Creator: Eric Dolan
Location: Ontario
Education: Upenn Medicine
Bio: Eric has 5+ years of startup and business management experience. He also has data science experience with a focus on product development and management. In 2014, his team received an award for best smartwatch app at the Hack the North competition in Canada. Recently, he was named in Inc.’s 30 Under 30, a list recognizing the best young CEOs in America. He received his Bachelor of Business Administration from University of Western Ontario, and has postgraduate specialization certificates from the
Hospital Affiliation: Upenn Medicine
Title: CEO and CoFounder
Advanced Degree(s): n/a
About Team Members
Alex Dolan
CoFounder and Health Industry, MS Health Informatics
Biography: Alex has experience in biomedical science and health informatics, both in the private and public sectors. Prior to Neutun, Alex worked as a business analyst at Global Village Consulting in Edmonton. He has also served on the executive committee for Epilepsy Ontario. Alex received his Master in Health Informatics from the University of Toronto. He also has a BS degree in Science and Technology studies from York University and a BS degree in Biomedical Sciences from the University of Waterloo.
Title: CoFounder and Health Industry
Advanced Degree(s): MS Health Informatics
Twitter:
@Neutunlabs
LinkedIn:
https://ca.linkedin.com/in/alexanderdolan
About Our Company
How We Help Patients
Neutun provides safe and stigma free seizure tracking from your smartphone and smartwatch. The Neutun solution solves the target customer's problems by enabling automated recording of convulsive seizures, informing concerned parties of any potential seizure-like events occurring, and offering the possibility to build further functionality into the system that would better detect non convulsive seizures. We give users the ability to analyze the data we track; this benefits them by identifying missed seizures, notifying loved ones of events and providing critical medical information to first responders. Neutun can notify indicated individuals via email, SMS and automated phone calling (varies by country). In the near future, we will be adding sensors such as heart rate and electrodermal activity to enhance Neutun’s emergency and seizure detection capacities. This enables potential detection of deadly cases of sudden unexpected death in epilepsy patients (SUDEP) as well as continuous tailoring of a patient's treatment regime, which is pleasing to patients, their family and friends, and physicians. Our hardware agnostic approach positions our product above all others. It's also easy to convince others of our proof of concept (ie seizures > uncontrolled gross motor movements > accelerometer metrics) because of intuitive cause and effect. We overcome competitors by having the best seizure detection algorithms, increasing accuracy with our machine learning algorithms based on the data we collect and being an easily adopted and distributed platform across devices. This includes strategic partnerships like: UPenn Medicine Epilepsy Center , IBX, York University, Pebble, Interaxon Muse and more.
How We Help Physicians
Neutun provides safe and stigma free seizure tracking from your smartphone and smartwatch. The Neutun solution solves the target customer's problems by enabling automated recording of convulsive seizures, informing concerned parties of any potential seizure-like events occurring, and offering the possibility to build further functionality into the system that would better detect non-convulsive seizures. We give users the ability to analyze the data we track; this benefits them by identifying missed seizures, notifying loved ones of events and providing critical medical information to first responders. Neutun can notify indicated individuals via email, SMS and automated phone calling (varies by country). In the near future, we will be adding sensors such as heart rate and electrodermal activity to enhance Neutun’s emergency and seizure detection capacities. This enables potential detection of deadly cases of sudden unexpected death in epilepsy patients (SUDEP) as well as continuous tailoring of a patient's treatment regime, which is pleasing to patients, their family and friends, and physicians. Our hardware agnostic approach positions our product above all others. It's also easy to convince others of our proof of concept (ie seizures > uncontrolled gross motor movements > accelerometer metrics) because of intuitive causea and effect. We overcome competitors by having the best seizure detection algorithms, increasing accuracy with our machine learning algorithms based on the data we collect and being an easily adopted and distributed platform across devices. This includes strategic partnerships like: UPenn Medicine Epilepsy Center , IBX, York University, Pebble, Interaxon Muse and more.
How We Help Hospitals
Neutun provides safe and stigma free seizure tracking from your smartphone and smartwatch. The Neutun solution solves the target customer's problems by enabling automated recording of convulsive seizures, informing concerned parties of any potential seizure-like events occurring, and offering the possibility to build further functionality into the system that would better detect non-convulsive seizures. We give users the ability to analyze the data we track; this benefits them by identifying missed seizures, notifying loved ones of events and providing critical medical information to first responders. Neutun can notify indicated individuals via email, SMS and automated phone calling (varies by country). In the near future, we will be adding sensors such as heart rate and electrodermal activity to enhance Neutun’s emergency and seizure detection capacities. This enables potential detection of deadly cases of sudden unexpected death in epilepsy patients (SUDEP) as well as continuous tailoring of a patient's treatment regime, which is pleasing to patients, their family and friends, and physicians. Our hardware agnostic approach positions our product above all others. It's also easy to convince others of our proof of concept (ie seizures > uncontrolled gross motor movements > accelerometer metrics) because of intuitive cause and effect. We overcome competitors by having the best seizure detection algorithms, increasing accuracy with our machine learning algorithms based on the data we collect and being an easily adopted and distributed platform across devices. This includes strategic partnerships like: UPenn Medicine Epilepsy Center , IBX, York University, Pebble, Interaxon Muse and more.
Challenge Mission
Key Milestones Achieved and Planned
Our Competitive Advantages
Premium subscriptions are projected to generate approximately $34,000 in 2016 and grow to over $2.7 million by 2018. With an estimated 50,426 users paying $9.99 per month by the end of 2018, Neutun would generate an annual recurring revenue of over $6 million. As more users begin ordering prescriptions via the app, affiliate fees are expected to provide the bulk of Neutun’s revenue growth. Neutun estimates it will fill over 5 million user prescriptions in 2018, generating over $10 million in revenue. The final piece of Neutun’s business model is clinical trials. In 2017, the company projects it will participate in four clinical trials, with 350 patients per trial. Collecting $3,000 per participant, Neutun would generate $4.2 million. In 2018, it anticipates participating in five clinical trials, generating $5.25 million in revenue. Neutun assumes that it will be able to convert 2% of its total user base to Premium users. Below, we adjusted the rate to 1%.&
Barriers to Entry
BioLert: BioLert was founded in 2005 and offers a wearable movement monitoring device called EpiLert. The device alerts caregivers and calls for support when it detects that the user is having a seizure. The device also provides the user with insight into their movement patterns. The company won $100,000 in a start-up competition in Israel in 2005 and won the Medical Futures Innovation Award in London in 2007.xi
Empatica: Empatica designs and develops wearable and clinical-quality sensing devices for medical research and personal monitoring. Recently they completed a s crowdfunding campaign for the Embrace watch, a device that monitors physiological stress, sleep, wakefulness, and physical activity. The watch is designed to help people with epilepsy by alerting their caregivers, in real time, when the device detects unusual events like convulsive seizures. The watch is currently available for $199.xii
SeizAlarm: SeizAlarm is an app for iPhone or Apple Watch users
Traction, Funding and Partners
Innovation Details
Intellectual Property Summary
-detection algorithms for diseases
-personalization algorithms
-custom built tools to maximize data pipeline from devices
Clinical Information
-based on research we've been apart of or have had access to
-Operating under the mobile medical application act under enforcement discression
-Have a Clinical Trial set with University of Pennsylvania Medicine Level 4 Epilepsy Centre (and others). Looking for assistance in helping fund these and other trials
-Completed research trial for accelerometer and EEG at York U with the Natural Science and Engineering Research Council of Canada (NSERC)
Regulatory Status
-Currently operating under the FDA's Mobile Medical Acpplcation Actunder Enforcement Discression
-We are a tracking tool for prexisting conditions and are noninvasive, we don't diagnose
-In the future we would like to expand to become a level 2 Medical Device and integrate further to provide a higher level of care
How we will use the funds raised
Summary:
-Accelerate traction and market adoption
-Fund trials for further ethicacy
-Develop more life saving products
Neutun Labs is building the real time picture of human health through mobile/wearable software and machine learning. Our goal is improving health outcomes, reducing pain and increasing efficiencies within the healthcare system. Neutun empowers those people and families suffering with chronic conditions to free themselves from stigma, lack of solutions and the pain of their health struggles. We achieve this by being device-agnostic, non-invasive and accessible through consumer wearables. Our software enables a person to have better control and knowledge over their digital health, while being able to share the data with the appropriate people. Our software drastically reduces the cost and time to establish health tracking software, enabling those suffering with chronic conditions to better manage their own condition and contribute to the greater health of society.
Neutun is a top 10 500 Startups company, DreamIt Health alumni, member of the Creative Destruction Labs and recognized as one of Inc Magazine's 30 under 30 in 2016. The team is dedicated to building the most innovative and largest digital health technology company in the world, headquartered in Toronto, Ontario.
Thank You
We want to save and change lives. We are experienced entrepreneurs, engineers trained by the creator of the wearable computer and creators of consumer software used by millions. We don't want to waste our time building yet another photo or music app, we want to build something that matters. Something that will change just one life is worth it. One life at a time we can change the world. It is our responsibility to leverage the technology of today to better humanity.
https://www.youtube.com/watch?v=QAU_weW4h-4
https://www.youtube.com/watch?v=uItDhMP4i44
https://www.youtube.com/watch?v=uvrlCCo8w0c
https://www.youtube.com/watch?v=RynAxU0Aoew
Neutun Labs is building the real time picture of human health through mobile/wearable software and machine learning. Our goal is improving health outcomes, reducing pain and increasing efficiencies within the healthcare system. Neutun empowers those people and families suffering with chronic conditions to free themselves from stigma, lack of solutions and the pain of their health struggles. We achieve this by being device-agnostic, non-invasive and accessible through consumer wearables. Our software enables a person to have better control and knowledge over their digital health, while being able to share the data with the appropriate people. Our software drastically reduces the cost and time to establish health tracking software, enabling those suffering with chronic conditions to better manage their own condition and contribute to the greater health of society.
Neutun is a top 10 500 Startups company, DreamIt Health alumni, member of the Creative Destruction Labs and recognized as one of Inc Magazine's 30 under 30 in 2016. The team is dedicated to building the most innovative and largest digital health technology company in the world, headquartered in Toronto, Ontario.
