On average $1.5bn is needed to develop a new drug, of which $1bn is spent on clinical trials. For clinical trials, the largest challenge has been to provide a patient-centric set up that promotes patient participation and encourages patient retention. COVID, because of its restraints on accessibility to clinics, has worsened the situation, where over 80% trials have been suspended during the pandemic. To address the pain point, we propose an end-to-end clinical trial platform to allow patients to participate trials from the comfort of their homes. The platform seamlessly integrates medical devices, digital endpoints, home blood tests, mobile APP and advanced analytics. Our team has strong expertise in development and will collaborate with University Hospital Basel to validate our solution.
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Venture Kick supports potential entrepreneurs with start capital up to CHF 150'000 as well as hands-on execution support and access to a nationwide network of investors and experts in the startup field. Multiple times per year, 8 selected projects get the opportunity to present their business ideas in front of a panel. The 5 most promising projects enter the support process. After 9 months at the latest, the startups incorporate and enter the market. Since 2007, Venture Kick has invested over CHF 58 million in over 1111 projects.
Website:
skyvormed.com/
Headquarter:
Riehen
Foundation Date:
September 2022
Technology:
Sectors: