MedAvail Holdings, Inc. · OTC:MDVLQ
MedAvail — MedAvail Technology — Cowen Healthcare Conference (2014)
20 slides from MedAvail's conference presentation, 2014
Slide 1: MedAvail Technology Inc.
MedAvail Technology Inc. 1
Slide 2: Transforming the prescription fulfilment experience like the ATM
Just as the ATM transformed the retail banking experience, MedAvail is transforming the prescription fulfilment experience 2
Slide 3: Fill prescriptions anytime, anywhere with the MedCenter kiosk
Quickly and easily fill prescriptions anytime, anywhere with the MedAvail MedCenter™ kiosk 3
Slide 4: Company Overview
Company Overview • Commercializing highly disruptive self-service Rx dispensing technology; the MedCenterTM • Fully automated pharmaceutical dispensing platform under control of remote healthcare professional • Multi billion dollar US and ROW annual opportunity • First regulatory approval and launch
Slide 5: MedCenter is a Networked Technology
MedCenter is a Networked Technology Customer Data MedCenters Customer Operations Center MedAvail Enabling Platform Healthcare Professionals Customer Systems Inventory Management Pharmacy Management Call Center Patient Apps 5 MedAvail Technology Customer Systems
Slide 6: Disrupting Pharmaceutical Dispensing Economics
Disrupting Pharmaceutical Dispensing Economics • MedCenter enables 10x lower costs vs traditional pharmacy • Upfront capex of $100K vs. $1.5M+ for brick and mortar • Annual operating cost of < $35K vs many $100sK • Healthcare professional “on demand” versus dedicated FTE • Breakeven at < 25 dispense
Slide 7: Helping Customers Increase Market Share and Improve Productivity
Helping Customers Increase Market Share and Improve Productivity 7
Slide 8: MedCenter Enables Market Share Gains
1. MedCenter Enables Market Share Gains • US pharmacy chains adding 100’s of new stores p.a. – Non-retail locations increasingly important – Extending pharmacy hours – MedCenter brings dispensing closer to point of prescription • Healthcare Systems looking to increase share of scripts written – Impr
Slide 9: MedCenter Helps Boost Store Productivity
2. MedCenter Helps Boost Store Productivity • Pharmacy demand forecasted to grow => focus on improving store productivity • Pharmacists are increasingly used for patient counseling and other services • In-store wait times are 45-60 minutes to pick up prescription 2 • MedCenter as “fast lane” in reta
Slide 10: MedCenter Can Improve Rx Primary Adherence
3. MedCenter Can Improve Rx Primary Adherence 1 • MedCenter can improve primary adherence at point of prescription – >$100BN problem for US healthcare • 2010 study of 82k e-scripts – only 72% were filled • Non-adherence most common for: – Hypertension 28% – Hyperlipidemia 28% – Diabetes 31% • Conclu
Slide 11: MedAvail MedCenter: Solving the Problem
MedAvail MedCenter: Solving the Problem Pharmacy Needs MedAvail Solution • Permits economical addition of non-retail sites ✔ • Enables 24 hr service at non 24 hr stores Capture • Displace labor in 24 hr store Share • Reduces customer wait time in retail stores ✔ • Increases store productivity and th
Slide 12: Global Market Opportunity Greater Than US Market
Global Market Opportunity Greater Than US Market • Population health needs wide and secure access to medications • Globally, pharmacies are underpenetrated compared to US • China requires 1m pharmacists to match US penetration • MedCenter enables cost effective pharmacy services to distributed popul
Slide 13: Use Case - Hospital Setting
Use Case 1 - Hospital Setting • Mercy Hospital (291 bed facility in Chicago) – Part of Trinity Health Network • Pharmacies operated by Comprehensive Pharmacy Services (CPS), a national provider of pharmacy services. – CPS provides services to over 400 facilities in the United States • Outpatient pha
Slide 14: Use Case - Retail Deployment
Use Case 2 - Retail Deployment • Large US retailer (many ‘000’s of stores) currently without pharmacy • Partnership with a full service pharmacy company • Pharmacy company views the opportunity as a growth strategy • Pharmacy company responsible for: – Pharmacist in call center – Inventory managemen
Slide 15: Use Case - After hours pharmacy services
Use Case 3 - After hours pharmacy services • European retail pharmacy pilot to provide after hours pharmacy access • Current hours of operation limited to 8 am - 8 pm • After hours access provided by brick and mortar pharmacies to “take their turn” in being open off hours • The MedCenter will become
Slide 16: Use Case - Clinic Deployment Canada
Use Case 4 - Clinic Deployment Canada • Specialty clinic at remote site associated with Hospital – Pharmacy within Hospital, not in Clinic • MedCenter provides cost effective solution to extend hospital pharmacy • Doctors and pharmacy collaborating to build formulary • MedAvail MedCenter owned and o
Slide 17: MedAvail and HealthSpot MOU
MedAvail and HealthSpot MOU • MedAvail and HealthSpot have signed a MOU focused on joint sales, marketing as well as technology sharing • Combines world leading solutions in telemedicine and telepharmacy • Multi-billion dollar worldwide opportunity • HealthSpot provides patients access to high quali
Slide 18: Anytime, Anywhere Total Healthcare Solution
Anytime, Anywhere Total Healthcare Solution 18
Slide 19: MedAvail Summary
MedAvail Summary • Commercializing self-service Rx dispensing kiosk; the MedCenterTM • Brings low fixed cost economics to the pharmacy marketplace • Multi billion dollar US annual opportunity • Global opportunity to dispense medications in emerging markets • Commercial in 2014 - deployments in US, C
Slide 20: Slide 20
MedAvail Technology — Cowen Healthcare Conference (2014) on 6ix