We were accepted to pitch at the New England Healthcare Executive Network's 9th Annual Summer Social with Lightning Pitches event with other early-stage companies. Thank you to Foley Hoag LLP for hosting and NEHEN for the opportunity.
Hero Patch combines cutting-edge microneedle technology with a simple ibuprofen bandage so that you can treat what actually hurts. This provides the most effective and healthiest solution available for anybody who experiences pain as an over-the-counter product. Current standards are unhealthy or ineffective: pills have damaging systemic effects and topical options are unable to pass through the body's natural barrier, the skin. The use of microneedles dramatically increases absorption and decreases drug dosage, transforming the technology into a platform delivery device with the first inexpensive, scalable, and flexible microneedle patches.
Every year 100,000 people are hospitalized, and 16,000 die due to NSAID complications. While our technology can be applied to more than just NSAIDs, we are first targeting athletes and the overuse of ibuprofen, the most used and abused NSAID. 80% of athletes take more than the recommended dose of oral painkillers, and 75% are unsatisfied with topical patches and cream.
The patented microneedle technology achieves 4x greater absorption than existing topical pain relief options while remaining healthier than pills by avoiding the stomach, liver, and kidneys. Bypassing the first, protective layer of skin (stratum corneum) allows for passage of large and/or hydrophilic molecules, with 80% absorption compared to the 5-20% maximum absorption of current topicals.
We were a part of the Tufts Summer Accelerator which offered many great connections with other Tufts entrepeneurs and alumni who have had multiple, successful business ventures.
We were to be selected as one of three presentors at AMPLIFY: The Tufts San Francisco Entrepreneurship and Technology Summit. We are grateful for this wonderful opportunity and were excited to see what our fellow Jumbos are up to on the West Coast!
We will be attending the RESI (Redefining Early Stage Investments) Boston Conference and look forward to the panels, exhibits, and workshops! If you will be attending, let us know and we would love to connect.
Wednesday, September 11th
Westin Copley Place
10 Huntington St.
Boston, MA 02116