who is first wave brian@firstwavetechnologies.com 716-560-2203 fw was created by several of the...
Post on 30-Dec-2015
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WHO IS FIRST WAVE
brian@firstwavetechnologies.com716-560-2203
• FW was created by several of the largest medical device companies in theindustry including Moog Inc. (NYSE: MOG’A) and Greatbatch, Inc. (NYSE: GB)
• FW also partners with governmental economic development agencies to providemanagement and financing for emerging technological products.
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MARKETPLACE ANSWER
Introducing First Wave’s Automated Professional Pill Crusher.
Three layers to patented technology across six separate patents.
Key Product Features/Benefits:
•Accurate Dosages: Crush, mix and serve in the same cup avoiding transfer of powder
•Complete Crush: Fine powder lowers patient rejection or clogging of feeding tubes
•Crush Multiple Pills: Automated device will crush multiple pills in one cycle
•Fully Automated: Spend more time caring for patients rather than holding “the bag”
•Safe and Sanitary: Disposable cups reduce cross contamination
brian@firstwavetechnologies.com716-560-2203
Key ProductFeatures/Benefits
More Fine Powder2-3x more fine powder than competition, even with your
hardest pills
Virtually UnnoticeableYour most difficult patients
swallow with ease
State of Art TechnologyPatented ‘Crush & Grind’
gear technology
Serve with EaseCrush, mix, and serve from
the same cup
Quiet and Quick‘No more pounding’ -
simply push a button and spend more time with
patients
Safe to UsePatented beveled cups
reduce cross contamination
FOOTPRINT
7brian@firstwavetechnologies.com
716-560-2203
Width
Length Footprint (sq in)
Silent Knight 3.0 10.5 ~31.5
PowderCrush 3.3 11.5 ~37.4
PCE-2000 3.0 12.9 ~38.6
First Crush elliptical ~29.0
The top of the medicine cart is valuable real estate. The First CrushTM space saving design delivers the smallest footprint amongst most brands.
Pill material will stick to any surface it touches. The First CrushTM cups have 800% less surface area and coated with anti-
static coating to aid in medication release, leading to ~80% less dosing lost in the crushing process.
Crusher Surface Area Footprint (sq in)
Silent Knight (Pill Pouch) ~17.0
PowderCrush ~17.0
PCE-2000 (Big Mouth Bag) ~17.4
First Crush ~2.0
9brian@firstwavetechnologies.com
716-560-2203
Goal
Permission Benefits
Emotional Benefits
Functional Benefits
Physical Benefits
Attributes or Features
Improved Patient Interaction
Quality of Care = Quality of Life
Improved Work Environment
Reduce Quality Concerns and Anxiety around Dosage Delivery
Less Patient Hassle or Resistance Improved Productivity
Safe Drug
Delivery
Accurate Dosing
More Efficient Process
More Convenient
Avoid Physical Stress (Carpal
Tunnel) & Fatigue
Not Patient Detectable & Less ‘Spit-up’
No Clogs in Feed
Tube
Not Disturb Patients
No Contamination
Less Loss; less residual dosage
Fewer Steps, No Transfer
No Chunks Finer Powder;
Consistency
Eliminates Banging
Portable Space Neutral
Easy to Use & Clean
Comparable Footprint
Single Cup Serving
Dual Cup Crush
Battery Operated,
Chargeable
Quiet Operation
Dual Gear (Crush &
Grind)
One-touch Activation
Higher Professional Standard
Puncture Resistant Cup
Anti-static Polymer Coating
Silent KnightPillCrusher
Benefit Hierarchy
* Based on over two dozen field interviews (4/6-4/21)
Improve Mixibility /
Rapid Dissolve
No Physical Crushing
Eight Nursing Homes in NYS; Interviews with Corporate and Home (DON & Nurses).Analysis by Independent Group.
Highlights of Results:
• ’ This is 100% better than what we do today’ (Director of Quality Care – Head of Purchasing Committee)
• ‘ If what we do is a 1 than this is a 10!’ (Director of Purchasing)
• ‘ If Corporate doesn’t purchase, I will (at $100 price point).’ (Director of Nursing)
• ‘I feel like it gets more of the med in the patient’ (Associate Director of Nursing)
• ‘Went through my entire medpass with no spit-out ... a FIRST for me’ (LPN for 20 years)
• ‘You saved me 20 minutes with that tube feed, it went through without an issue’ (LPN for 10 years)
10brian@firstwavetechnologies.com
716-560-2203
FIELD TEST FINDINGS
MARKETPLACE ANSWER
PRODUCT WARRANTY
• Pill Crushing machine will carry a standard 3 year warranty, though built/tested for 5 years of use.
• There will be no warranty/special coverage on cups.
• Machines will be replaced no questions asked under 3 year minimum cup purchase contract.
• Turnaround on replacement machines will be 24 hours.
• Internal battery is a 1500 mAh NiMH with over 400 crushing cycles per charge (2 hours over night), including 80 cycles in reserve once low battery light comes on.
• Nickel Metal Hydride (NiHM) is more environmentally friendly than competing Nickel Cadmium (NiCd), with twice the powder density and over-charging does not shorten battery life.
11brian@firstwavetechnologies.com
716-560-2203
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