Nemaura Medical Inc.
(NMRD)
ROTH Conference Presentation
March 11th2015
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Our Background
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Founded in January 2009 by Dr D F Chowdhury, the majority shareholder and the CEO
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Biotech diagnostics research focused, headquarters in United Kingdom
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Research facilities location at Science Park, Loughborough University, UK
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Proprietary technology on transdermal (works through the skin) applications
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diagnostic technologies
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drug delivery technologies
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Owned a family of related patents across various continents
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Monitor commercialization process through sub-contracting to expert production and marketing vendors
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Trading on NASDAQ OTC BB ticker: NMRD
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Key events
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Date | Event |
2009-14
2012
2014
2014
2015
2015 | Cumulatively received over $2M in discretionary grants from UK government bodies
Successfully completed proof of concept studies in human volunteers
Secured UK licensee for glucose monitoring – with $1.65m upfront Received trading symbol for OTC BB Successfully completed clinical study in Type 1 and 2 diabetics
Awaiting approval for CE kite mark allowing sales of first product in Europe, HK and Saudi Arabia |
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Our Core Business
Platform technology developed for Drug Delivery and Diagnostic Applications.
Current Focus: (Diagnostic Applications)
Non-invasive, continuous and painless monitoring of analyte / molecules. For example: glucose, lactate, prescription drugs.
Future Focus: (Drug Delivery)
Drug Delivery complementing diagnostic application.
For example, non invasive insulin delivery working in tandem with non invasive continuous glucose monitoring.
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Management Overview
Core Team of 21 People consisting of:
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5 Board Members
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4 Science Advisory Team Members
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12 Technical Team Members
CEO: Dr D F Chowdhury:Microsystems and Nanotechnology from Cranfield University and PhD from the University of Oxford in nano-drug delivery; over 18 patents pending/granted.
CFO: K Farrar:MChem from University of Oxford, Chartered Accountant, 10 years with KPMG.
CTO: Prof. K. Khan:Launched over 60 products during his career in the Pharmaceutical Industry.
Medical Device & Regulatory Director: R Carson– A Pharmacologist with 20+ years experience in medical device design and registration in Europe and US.
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Government Support
Recipient of over $2m in several separate UK government grants awarded under independent competitive tendering process.
Grants awarded by UK Government Technology Strategy Board. Independent government assessor quoted:
‘The product could be a game changing technology’.
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Our Patents
Patents granted:
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Region | Purpose | Expires |
EU, China, Hong Kong | Patches patent for reverse iontophoresis: Device patent describing construction of patches Device patent for extracting glucose from skin non- invasively. | June 2028 |
Europe, USA, Canada | Method patent for measuring relative level of two substances Method patent to avoid finger prick to calibrate device | June 2021 |
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Region | Purpose | Date applied/ Expiry |
Australia, Brazil, Canada, India, Japan, | Patch patent for Reverse Iontophoresis Device patent for construction of patches Device patent for extracting glucose non-invasively. | June 2008/ June 2028 |
USA, Canada, Brazil, Europe, Japan, China, India, Australia, Qatar, United Arab Emirates | Method patent for cumulative measurement of analyte Algorithm patent for measurement of analyte without long delays | May 2012/ May 2032 |
sugarBEAT™ Product
Our first commercialized product
sugarBEAT™
![[ex991corporatepresentatio011.jpg]](https://capedge.com/proxy/8-K/0001173375-15-000032/ex991corporatepresentatio011.jpg)
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sugarBEAT™ Product
sugarBEAT™consists of three parts;
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a disposable patch(“Patch”)
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bluetooth enabled device(“Device”)
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smart phone app(“App”)
To usesugarBEAT™:
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Affix Patch to arm
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Connect Patch to adjacently worn Device via thin wire
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Device transmits real time data to App
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App can send data online to remote health care team
sugarBEAT™provides up to 4 readings an hour for 12 hours or more.
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sugarBEAT™ Product – How it Works
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sugarBEAT™ Product - Clinical Need
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Diabetics suffer from unstable blood glucose levels
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Diabetics therefore need toconstantly monitorglucose levels.
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Currently the most common monitoring method involves:
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Extracting a drop of blood (droplet) bypiercingthe skin (finger pricking) several times a day.
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This droplet is placed onto a test strip to provide a glucose reading.
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Other methods requireintrusive insertioninto subcutaneous tissue.
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The test strip market alone iscurrently generating over $10 Billion sales per annum.
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There ishuge demandforour non – intrusive and continuous monitoring method, which isconvenient, timelyandpainless.
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Our method will also providesubstantial savings to diabetic patients.
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sugarBEAT™ Product – Image of Device
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sugarBEAT™ Product – Illustration of AP
![[ex991corporatepresentatio019.jpg]](https://capedge.com/proxy/8-K/0001173375-15-000032/ex991corporatepresentatio019.jpg)
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Our Technology - sugarBEAT™
Technical basis:
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Works by passing a mild current across the skin that is barely perceptible, or non-perceptible.
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This current pulls the glucose out of interstitial fluid, which is found just below the top layer of skin, into a reservoir in the patch.
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The patch contains a sensor, which measures the amount of glucose analyzed.
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An algorithm within the device converts this reading to a glucose concentration value.
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This reading is displayed on the device with sound and / or buzzer alert
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Our Clinical Trials for sugarBEAT™
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Clinical Data in Type I and II Diabetics:
Interim data accuracy in Clark Error Zones A+B >85%
20 subjects/60 patient day studies tested in 1,179 paired data points*
Note:Interim data presented in adjacent chart. Data validation currently in progress.
*Hemocue vs CGM | ![[ex991corporatepresentatio022.jpg]](https://capedge.com/proxy/8-K/0001173375-15-000032/ex991corporatepresentatio022.jpg)
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Regulatory Approval for sugarBEAT™
CE mark applied for which will permit sales in:
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European Union countries
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Saudi Arabia
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Honk Kong
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US and Japan Regulatory Approval to be sought 2016 onwards
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Target Market Analysis for sugarBEAT™ Product
Why sugarBEAT™ better than competition?
Competitors using invasive continuous technology have the following cons:
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Cost – much more expensive
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User market – mostly only suitable for type 1 diabetics which are only 10% of total diabetic market
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Comfort – all require the continuous insertion of a measuring device into the body tissue which has high degree of user discomfort
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Why sugarBEAT™ better than competition?
Competitors using finger prick technology suffer following cons:
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Finger prick is painful
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Finger prick is not continuous – most users only finger prick 1-2 times a day even though WHO recommends 5-7 times a day
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Commercialization Process for sugarBEAT™
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Manufacturing Development of Devices – Q2-Q4 2015
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Manufacturing Development of Patches – Q2-Q4 2015
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Mobile App development and launch – Q4 2015
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Product Launch in HK, Saudi Arabia – Q4 2015
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Product Launch in UK – Q1 2016
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Production and Operations for sugarBEAT™
We are dedicated R&D company.
All manufacture and sales therefore subcontracted to expert partners.
Preferred partners selected for:
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Device manufacture
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Sensor Manufacture
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Patch Manufacture
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Electronics
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Sales & Distribution for sugarBEAT™
Criteria for selecting specialist partners: (partner already selected for UK)
![[ex991corporatepresentatio031.jpg]](https://capedge.com/proxy/8-K/0001173375-15-000032/ex991corporatepresentatio031.jpg)
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Financial Forcasts for sugarBEAT™
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In Million ($ US Dollar)/ Year to March 31, | 2016 | 2017 | 2018 | 2019 | 2020 |
Revenue | 10 | 85 | 270 | 461 | 694 |
Cost of sales | 7 | 42 | 136 | 244 | 366 |
Gross profits | 3 | 43 | 134 | 217 | 328 |
Total expenses | 10 | 15 | 14 | 24 | 29 |
Income before taxation | (7) | 28 | 120 | 193 | 299 |
Taxation | - - | 6 | 24 | 38 | 59 |
Net income | (7) | 22 | 96 | 155 | 240 |
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Our Future Potential – Drug Delivery
Works by inverting technology so drugs delivered non-invasively into skin via a reservoir in the patch.
Technology suitable for:
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Programmed drug delivery
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On-demand drug delivery
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Chrono-therapeutic drug delivery
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Closed loop diagnostic and drug delivery
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Basal Insulin expected to be first product chosen
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Contacts
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Dr D F Chowdhury Nemaura Medical Inc. Holywell Park Ashby Road Loughborough Leics, LE11 3AQ UK
Tel: +44 1509 222 912
Email: faz.chowdhury@nemaura.co. uk
www.nemauramedical.com | Bashir Timol Nemaura Medical Inc. Holywell Park Ashby Road Loughborough Leics, LE11 3AQ UK
Tel: +44 1509 222 912
Email: bashir.timol@nemaura.co.uk |
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