Company
StrokeAlert
Name
Hilla Ben-Pazi
Designation
–
Country
Israel
Address
–
Telephone
–
Mobile
–
Website
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Technological Sector of Proposed Project
Medtech
We are a small Israeli startup company developing a medical device for alerting stroke in sleep/ sedation. We currently have 3 R&D employees.
StrokeAlert was founded to develop, manufacture, and introduce the first easy-to-use device for
alerting stroke for high-risk populations. The first market is hospital use during sedation, with the end-stage
the market being home telemonitoring. The company has a clear patentable product, a large growing market, and
an expert and experienced team. StrokeAlert’s intellectual property is an alerting system via continuous
monitoring of hemodynamic parameters (patent pending).
First Target Market- perioperative stroke is for operating rooms (OR) and intensive-care units (ICU).
The estimated high-risk populations for stroke are 1M in OR and 2M in ICUs with 3M users per year in the US. The
unit price is 100$ for a pair of single-use sensors (with 20% -50% wear for OR and ICU respectively); and a
$10k price for the device (7200 US hospitals, five devices per hospital). The total addressable market (TAM)
for the sensors alone is estimated at 780M$ annually. Currently, available devices are not useful for stroke
monitoring.
To conduct clinical trials of the medical device developed by StrokeAlert. Details of its features are as follows:
StrokeAlert will detect unilateral carotid flow changes reflecting stroke to provide timely alerts enabling early intervention. The expected outcome: StrokeAlert expects to decrease morbidity and mortality from perioperative stroke by a third (large vessel occlusion). StrokeAlert lowers the devastating impact on a
person’s quality of life-extending beyond the individual boundaries to various stakeholders.
StrokeAlert’s unique value proposition is by providing continuous monitoring enablingautomated alerts during sleep/ sedation. Given the narrow therapeutic window of treatment options, candidacy is dependent on timely recognition. The product comprises a device, wireless, single-use sensors adhered to the
skin overlying a major artery and an underlying algorithm, producing an alert to a possible stroke, relying on data accumulated from hemodynamic changes during stroke occurrence.
Develop the medical device
We are seeking a partner for clinical studies: a CRO or large medical center with active intracranial use of ballons (at least once a week).