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Affordable Handheld Medical Diagnostic Device

Develop a handheld medical diagnostic device to de-skill medicine for affordable and accessible healthcare. Global impact on mobile healthcare. SDSU X-Team building a "Star Trek" tricorder.

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Affordable Handheld Medical Diagnostic Device

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  1. $10M, 3 ½ year competition to develop a handheld medical diagnostic device • De-skill medicine to enable affordable, accessible health care • Global impact on mobile healthcare • TSI directly supports SDSU X-Team success

  2. SDSU building 'Star Trek' tricorder By Gary Robbins8:35 p.m.April 26, 2013 The X Prize Foundation last year created a long-term, worldwide contest …Qualcomm Tricorder X Prizehas drawn hundreds of competitors, including at least 10 teams from San Diego County. The latest competitor is one of the region’s academic powerhouses: San Diego State University.

  3. TrossSolutions Inc. • Forward-looking • Inexpensive, integrated software solutions • Focus on user experience • Commercial partner with hardware developers

  4. NASA in the 60s • Like ‘race to space’, Apollo program • That goal required a variety of new and integrated technologies • We developed a portfolio of commercializable technologies to build the Tricorder and win the XPRIZE

  5. XPRIZE Milestone & Events Competition Launch (Jan 2012) SDSU Enters Semi-Finals (Nov 2013) Prototype Submittal (Feb 2015) Event (Jan 2012) TODAY SDSU Xteam on ABC News (Apr 2013) Event (Jan 2012) Universal Driver Hub (Q-Bit)Complete (Nov 2013) Finals (Q2 2015)

  6. Q Bit Devices

  7. Q-Bit – Universal Driver Hub: • Simultaneously connect up to 7 Bluetooth devices • Identify type of device and data stream • Multiplex data stream in one buffer • Display multi device data on one single platform • Software runs on all android platforms • Full input/output device mgmt. • Synchronization

  8. Tricorder Diagnostic Medical Device for Home and Clinical Use

  9. Business Summary Competitive Differentiation • Flexible Software and Device Integration • Agnostic to Manufacturer • Scalable and Expandable • User Data Portability and Security Problem • Inadequate consumer access to rapid, effective medical diagnostics • High cost and lengthy processing in lab industry • High cost of diagnostic equipment Investment and Exit Strategy • $10 Million Sought • Sale to Strategic Partner • Initial Public Offering Solution • We provide low-cost, effective Point-of-Care (POC) medical diagnostics • We integrate with existing wireless technology Value Proposition • Increased access to rapid, quality medical diagnostics • Decreased cost of diagnostic access and equipment IP Strategy • IP in progress for software and trademarks • Professional and Pro Bono legal counsel from TechLaw LLP • Research and license agreements with strategic partners

  10. PROBLEM: Current Home Technology

  11. PROBLEM: Current Clinical Technology Feedback to Patient (~1 month) SAMPLE PROCESSING (1-2 weeks) @ service provider Setup appointment (1-2 weeks)

  12. Shorten time to care or intervention: • Home application - Tricorder can diagnose a number of common diseases at home • Clinical application – Tricorder can reduce time to attain sample analysis (from 1 month to 20-30 minutes) • Reduces time to see physician or attain intervention (drug / surgery or more in-depth analysis) Solution: TSI TRICORDER

  13. TRICORDER SYSTEM: • Multiple LASER systems • Gas Sensors • Microfluidics system • Software: Agnostic Device Integration, Onboard Sample Analysis • Smartphone • 3rd Party Wireless • Vital Sign Sensors • (Masimo, Zephyr, etc.) • TRICORDER OUTPUT: • Cholesterol • White Blood Cell Count • Glucose • Protein • Amino Acid • Blood Count • Biomarkers • Vitals • Disease Diagnosis • Etc. (214 tests currently in line to assess) Tricorder System • Sample INPUT (fluids): • Blood • Sputum • Urine • AND • Vital Signs • (Wearable Sensors)

  14. Home and clinical data SECURITY • User data encrypted and secured with private key • All data encrypted, from sensors to reports • Data transferred via encrypted, secured tunnels • “Your data is your own”, we don’t see user data • Designing for FDA and HIPAA compliance

  15. Easy-to-load disposable sample cartridges • Clinical unit will be CLIA waived (can operate anywhere) • Targeted WEEE, REACH, RoHS compliant as well as FDA / CE Marking • Improvement in quality of data / time for data delivery for analysis • Remove a layer of costs (Sample Service provider) to Healthcare • Integrated system for ease of use / share Data to Cloud • Increased healthcare accessibility Tricorder Benefits

  16. Tricorder Benefits

  17. Competitive Analysis

  18. $21.1 B Market • Clinical testing performed annually • Standard Testing – $15.3B • Anatomical Pathology – $5.8B • Largest competitors: Quest Diagnostics / Laboratory Corporation of America Holdings Tricorder Market $26 B Market • Mobile Health Apps Market – $26B (2017 estimate) • Fitness Device– $10B • Wellness and Nutrition – $9.3B • Wireless Medical Device– $6B • Largest competitors: emerging market, no market leader currently

  19. R&D market Entry Tricorder Timeline Clinical market Entry Proof of Concept Prototype Product Development CLIA Waiver Approval Investment: $1,000,000 Investment: $9,000,000 -------12 months ------ ------- 24 -36 months ------ Home Market Entry Product Development FDA Approval Clinical Revenue -------36 - 48 months -----

  20. Company Traction Partnerships Advanced Laser Companies Microfluidics Companies Medical Device Companies Mobile Device Companies Design & Prototyping Companies XPRIZE San Diego State University TechLaw LLP

  21. Org Chart • SDSU X-Team comprises over 50 team members from all disciplines, including SDSU students, staff, faculty and strategic partners. • 12 MBAs • 12 Programmers • 10 PhDs • 9 Graphic Designers • 4 Engineers • 3 MDs • 2 PR Specialists • 1 ScD • 1 JD

  22. Core Team • CEO: (seeking successful bio-tech executive) • President & Team Captain: Lambert Ninteman • Exec VP & Quality: David Wong • VP Software: Scott Lindeneau • Product Manager: Ian Winfield • Lead Bio-engineer: Gene Rayford • Business Development: Gaurav Parbat • Media Relations: Alexandra Swanland • Chief Medical Adviser: Dr. Roberta Gottlieb (Cedars-Sinai) • Senior Biomedical Adviser: Dr. Nick Gekakis (SDSU) • Senior Laser Adviser: Sam Crivello (Daylight Solutions)

  23. What Makes Us Think We Can Do It..? • Amazing Team • Superlative Relationship with SDSU • Great Strategic Partners • XPRIZE, media coverage

  24. Exit Strategy Liquidity to Shareholders: • By exiting via a sale to a strategic acquirer in three to four years • Or potentially via an Initial Public Offering (IPO) Ideal Candidate: • Global healthcare, bio-tech or telecommunication group pursuing a consolidation strategy to maintain market leverage • BD, ThermoFisher, Abbott, J&J, 3M, HP, Sony, Google

  25. Backup slides

  26. Customers - Clinical

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