Introducing Adicep
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Transcript of Introducing Adicep
Introducing Adicep
Our Mission
• Developing and bringing to market innovations in metabolically efficient torso support, from simple braces to load carrying aids, to advanced walking systems – wherever quadriceps are insufficient, we will be there to offer needed support
What is Adicep?
• Angel funded medical devices startup
• Comprised of MIT and Harvard educated engineers and leaders
• Possess exclusive unlimited use of patent pending technology passed in from predecessor research project, Powered Prosthetics, Inc.
Team Adicep
• CEO: Nicholas Howard– MIT ’99 BS Management Science– 4 years as General Manager and IT developer of a
recruiting firm introducing the use of Information management for competitive advantage
• SVP engineering: John Rokosz– 20 years of experience: managed development
organizations: hardware, software engineering services, compliance, ASIC, product verification
Team Adicep
• Chief technical advisor: Philip Carvey– 7 startup affiliations, most recently as founder, CTO,
and VP engineering at Avici
• Engineers: – Matthew Carvey
• MIT ’05 BS Mechanical Engineering
– Andrew Carvey• MIT ’03 BS Mechanical Engineering• (candidate) MIT ’06 MS Mechanical Engineering
The Problem• Insufficient quad strength
– General weakness (polio, muscle damage, age)
– Excess load (obesity, armor)– Paralysis (including partial)
• Existing solutions’ shortcomings– Limited terrain (difficulty on
stair/slopes)– Extra work or massive power
requirements – High cost to performance – Awkward gait
The Opportunity
• The underserved market– the elderly – stroke victims– the obese– excess load carriers
• full body armor with A/C• new parents • backpackers
Our core solution
Conceptual model of Adicep joint
• Simply put: – a spring in series with a computer
controlled clutch; – both in parallel with another
computer controlled clutch• Allows storage of energy
– usually lost during flexion– recycled during flexion– Energy savings exceed cost of
carrying device• Braking
– Dissipates excess energy under heavy load (walking downhill)
– Decreases knee stress
Our Products
• Phase 1:– ASM: Adicep Stance Master (“stance-control” uses)– ARA: Adicep Running Aid (non-medical uses)
• Phase 2:– ASP: Adicep Support Platform (military/“human mule”
applications)– APA: Adicep Prosthetic Adjuvant
• Phase 3:– AWA: Adicep Walking Aid (bipedal solutions for
paraplegics and beyond)
Target Market (US numbers only)
• Phase 1:– Existing orthotics candidates, particularly
those who typically decide to forego them; 2M-4M
– Stroke victims; 3M-6M– The obese; approching 10M
• Phase 2:– Military; 100k-200k– Amputees; 1M-2M
Bringing it to the customer
• Licensing to existing orthotics distributors (Kingsley Manufacturing, Zimmer, etc.)
• Direct to orthotists for custom fitting just the joint
• Retail (non-medical – Brookstone, Sharper-Image, etc.)
• Direct to consumer – head-to-head against the scooters