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Diatron health

Revolutionizing healthcare for people with chronic condition

Nigeria
Market: Internet and IT, Medicine, Artificial Intelligence, Mobile applications
Stage of the project: Idea or something is already done

Date of last change: 27.01.2021
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Idea

Managing chronic conditions is beyond reach for an average African.
Chronic condition care is poorly coordinated, at the primary and secondary public health care centers.
Over 30% are living with an undetected chronic condition and even for those that are diagnosed, just a fraction own and control their health.
Poor enlightenment and education on how to manage chronic conditions.
Lack of data that can inform treatment and translate research into potential drugs or molecular diagnostics.
Lack of periodic test, lack of data for personalized treatment.

Current Status

Our product is currently in development, prototype of Hardware and software is available, and the MVP is close to be ready

Market

Our customer are African and it is estimated that over 8 million people are living with diabetes in Nigeria, around 2.7million people has been diagnosed and over 5 million people are not diagnosed and the number of people affected with diabetes and other chronic condition keeps increasing daily as the environment evolves.

Problem or Opportunity

Managing chronic conditions is beyond reach for an average African.
Chronic condition care is poorly coordinated, at the primary and secondary public health care centers.
Lack of data that can inform treatment and translate research into potential drugs or molecular diagnostics.
Lack of periodic test, lack of data for personalized treatment.
Our customer are people who want to manage chronic condition, people who want to monitor their health to prevent chronic condition, people who want to know the health status of their parent or loved ones real time.
In the year 2020, my Mum detected that she has high blood pressure, it was a late detection and we need to find a way for her to always check her pressure, we bought a manual HBP monitor but the result keeps fluctuating because she was just checking her blood pressure and there is no way to know what's triggering her blood pressure, Doctors were administering drug and treatment base on assumption not until when we decided to start recording her reading manually, her activities, food she ate before taking her reading. When she started taking note of her reading there was a significant change but she was not able to keep the record for long and sometimes she always forget to take a record and after leaving, knowing her health status was impossible because the record were manually recorded and there is no way for us to monitor her health status remotely. While working in an hospital, there has been lot of emergencies and death due to high blood blood glucose, high blood pressure and Obesity (adding weight)

Solution (product or service)

Our product will provide
Real-time streamed data anytime, anywhere
Personalized performance-based treatment
Personalized advice from a health professional
Education on how to live a healthier and happier life with chronic conditions
Access and real-time control of your chronic condition or that of your loved ones.
Provision of data for precision medicine

Competitors

With our research so far, we are yet to see a competitor in our targeted Africa country (Nigeria, Kenya, Ghana).
The alternative that is currently used is the traditional glucometer and visiting of Hospital for check up

Advantages or differentiators

Our product offers
Real-time access to data anytime, anywhere,
Coaches that gives personalized advice to user,
Access to data for precision medicine
Backed with sophisticated software and hardware solution
Our products are user centric
Unbeatable customer service
Access to other device data on the platform(fitbit, dexcom e.t.c)

Finance

Our revenue model are:
Subscription: Every month test strip will be delivered to users and they will also have access to personalized help and coaching from a Certified Diabetes Educator (CDE).
Direct sale
Channel sale
We plan to charge user $13 for monthly subscription

Business model

Unlike the traditional model of visiting hospital before knowing your health state like blood sugar level, blood pressure, weight, giving treatment base on general statistics or assumption, poor awareness of chronic condition and its lifestyle.
We are providing solutions that is powered by sophisticated software that
enables members to have a highly unique experience with tailored coaching and support that goes beyond the basics of chronic condition management. We are leveraging on the power of behaviouoral science, mobile computing, data science and once we start using the platform our AI will be empowered with data that gives user deep insight of their health state.

Money will be spent on

We need investment to:
Run clinical trial
Develop product in large quantity for consumer
Expend the Team so that we can grow fast
Continuing doing research

Offer for investor

7%

Team or Management

Samuel Bankole
Owner
Olutola Awosiku
Co-founder

Risks

We are solving a problem that exist and we've seen people around us who are in need of the solution, we are founders who have in-depth knowledge about technology, business, we have experience working in a startup environment and co-founding a startup, we care a lot about research, we've seen startup failed and we've seen startup succeed.
The reason why the business might not work out is if we did not start the business, and we've started, things will definitely workout.

Incubation/Acceleration programs accomplishment

Not yet

Won the competition and other awards

Not yet

Photos

Photo 1 - Revolutionizing healthcare for people with chronic condition
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
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