My company has partnered with Family Office Networks. We are happy to be a part of their goals.
We are holding an event at Flemings Steakhouse in Newport Beach California on August 21st 2018 from noon until 2pm. I will be speaking about how ABS’s platform is the only platform that covers all bifurcations.
Technological Innovations Give Hope in the Fight Against Heart Disease
From apps that diagnose irregular heart rhythms to fitbits with sensors to measure heart rate, a wave of heart technological innovations has appeared as companies cash in on the battle to fight heart disease.
The question always arises of how accurate the results are from a medical point of view. When it comes to measuring blood pressure and more on devices we use every day, like smartphones, there definitely needs to be more research. For example, readings could be influenced by motion, consistent contact with the skin, etc.
Smartphone Blood Pressure Check
Last year Caltech showed that a smartphone app could accurately measure how much blood the hearts pumps with each beat. In turn, all patients had to do was hold a smartphone camera up to their neck for less than two minutes, and an algorithm in the app analyzed the information. This was found to be as accurate as doing an ultrasound.
Other Heart Technological Innovations
Artificial intelligence is changing the way cardiac disease is being handled because of the way data can be absorbed, processed and analyzed. When it comes to healthcare, this can make all the difference in the way patients are diagnosed and treated.
For instance, cardiologists are able to read and interpret the results of echo studies more quickly and efficiently. Catching heart disease early and treating it efficiently is more possible when using AI.
At present we seem to be losing the fight against heart disease, but technological innovations could make a difference. They have the potential to change cardiac healthcare for the better by addressing current limitations.
My company, Advanced Bifurcations Systems has been accepted to join MaRS. MaRS helps bring all avenues of entrepreneurs and startups together with an extensive network of partners all together. Their goal is to bring new companies reach their their goals.
Our article written for BioSpace can be found here.
ABS was founded because there’s a real need for improvements in the way we approach the global heart disease problem. Current methods for treating heart disease aren’t always successful. 7.4 million people die from a heart attack every year. Several new technologies could change that and our innovative new stenting platform is one of them. We hope that human clinical trials and FDA review will show that it could reduce the need for open-heart surgery and improve the quality of life for patients suffering from heart disease.
How the ABS System Works
One of the most difficult procedures for heart surgeons is trying to place stents in branched arteries. The ABS system is designed to simplify the process and replace most open-heart surgeries with a less invasive procedure that can be performed as a day surgery.
Open-heart surgery is a stressful experience for the patient and many suffer depression after their operation. A simple day procedure would reduce their anxiety and allow them to return to their daily lives without a significant recovery period.
The method works by using a dual catheter system to place stents in both the mother and daughter vessels of a branched artery at the same time. The technology is self-aligning as well, to reduce the risk of errors and it’s simple to perform. Most cardiac surgeons will be able to perform the procedure without much training.
A Major Part of the Puzzle
The ABS system isn’t the only breakthrough we hope could aid in reducing deaths from heart disease. New technologies in the areas of Artificial Intelligence, apps, and wearable devices are also part of the solution. It’s not difficult to imagine the risk of death from a heart attack being cut in half in the next decade. Technology is allowing people to live longer and healthier lives. I think that Advanced Bifurcation Systems is a major piece of the puzzle along with these other technologies.
I made it to Beijing and am really enjoying the city. The people here are very friendly as everyone smiles and appears very upbeat. Everywhere I go locals have been very willing to help with anything I have needed. It is a surprisingly friendly reception for such a large city.
An Ocean of Bikes – Go Ahead and Take One
Beijing is very clean and very, very busy. There are remarkably large numbers of cars, motor scooters and thousands of bikes. It sometimes feels like an ocean of bikes. Bikes sit on every corner and people just ride one and drop it off wherever their destination might take them.
I had 3 meetings this morning. All of them went well and I am excited at the scope of the opportunities in China. Heart disease is a global pandemic killing 17M people a year. In many rapidly developing economies like China, aging populations, more western diets, more dairy and red meats and more sedentary office jobs mean that we need new tools to address heart disease in all its forms.
Talent, Capital and Opportunity
Beijing has a highly skilled work force with many university educated engineers. We discussed a facility in Shenzhen with potential for a joint venture with a fund in China. Shenzhen is in southeastern China and links Hong Kong to China’s mainland.
Meeting this afternoon with State Development & Investment Corporation (SDIC). SDIC is the largest Chinese state owned investment fund and they last reported assets of over 461.7 billion RMB yuan a few years ago.
That is it from Beijing today. I have dinner tonight and will finish late. Tomorrow is Friday here and I have more meetings in the morning and then I am headed to the airport and back to LA.
Today was my third and final day in Shanghai. Tomorrow morning, I leave for Beijing. I am looking forward to seeing the city and am excited at how well the trip has gone.
Most of today I met with some great people from the global company Terumo Corporation.
Terumo is a medical device company with over $4B USD in annual sales. They have lines of business including general hospital devices and supplies such as catheters, thermometers and monitors as well as a business that produces a broad range of blood management devices and supplies. And, of course, they have a cardiac and vascular business as well.
We started out early this morning and covered everything about ABS and our platform. After a few hours we dialed in Doctor Mehran Khorsandi, ABS cofounder and chief medical officer, to cover some questions that were specific to interventional cardiology. Again, after Mehran spoke he answered their questions and left our hosts with no doubt about the ability of cardiologists to transfer to the ABS system. I look forward to follow-up meetings with Terumo at their corporate headquarters in Japan.
This was our second set of meetings with Terumo. We last met with them at the JP Morgan in California a few weeks ago. We also met today with Fosun Pharma and Lilly Asia Ventures. Both meetings were good, and their representatives were well informed on the Asian market. We discussed the regional potential for companies like ABS. Heart disease is a major global problem and kills over 47,000 people a day. So, the hard work by the people at companies like Advanced Bifurcation, Terumo and Fosun Pharma is important to everyone.
Today was a very busy day and the jet lag is catching up with me a bit.
This is the second installment of my blog posts from my trips to Asia on behalf of Advanced Bifurcation Systems.
After the politeness and friendliness of people, the next most noteworthy thing is how incredible the infrastructure is in China. Every road I have seen in Shanghai is in perfect condition. Even traveling in the snow is surprisingly easy because of the condition of the roads.
Shanghai Pudong International Airport is beautiful and very well maintained. It made me think about the appearance of LAX and JFK in New York and what these airports communicate about China and the United States to international travelers. An airport is an important first impression to international travelers and China seems to be doing a much better job in that area. Customs was crowded but fast and polite and I cannot say the same of my many experiences at LAX.
My hotel room overlooks the Huangpu River and this morning there was a parade of boats carrying coal that went on for hours. I could only think how the last U.S. administration destroyed the domestic coal industry and the potential for U.S. exports to international market that could provide hundreds of American jobs.
This morning I was reading about Beijing, whose population is 22 million. I am very excited to do business in China. Tomorrow I have meetings for ABS with 7 institutional funds and am looking very forward to these meetings. Healthcare is a huge topic in China and ABS could be a major player in this country. The last week in March, I will attend the China Health conference and I am meeting with the largest hospital group.
The food here is awesome and people cannot do enough for you. Travel can be rewarding but also draining so the people you meet play a key role in your comfort. I will write more tomorrow, and I will sign off in Mandarin
Today I flew to Shanghai for a series of meetings across Asia. Heart disease in its many forms is one of our top global health challenges, killing over 17M people every year. So, there is tremendous interest in the ABS platform.
The United Airlines flight to Shanghai was excellent. Every traveler loves having an empty seat next to them, so you can imagine what a luxury it was to have that on such a long flight. It was a very good flight overall.
I arrived in China Saturday night local time and the people have been spectacular every step of the way. Everyone I have encountered has been extremely polite and friendly. Most of the people I have met speak English. I have been working to learn Mandarin and practicing a new language is a lot easier when people are patient with you and speak your language.
I am Staying at the Hyatt on the Bund and the hotel staff are the best I have ever experienced. Every trip has its small hiccups and my first one was transportation from the airport to the hotel. The Hyatt planned to send a car to the airport to get me, but the car did not show up. The airport was very busy, but a very friendly lady arranged a cab for me. The driver was good but spoke no English and my Mandarin is not strong enough, so we communicated via sign language that would have been funny to watch. The cab cost 650 Yuan which is $102.92 USD.
When I checked in I told the hotel desk that car did not meet me. They were very polite and sincerely embarrassed. I told them it was just a mistake and dropped it at that. It is important to give feedback to companies you do business with. How they take that feedback tells you a lot. While unpacking in my room there was a knock on my door. Sunbeen Wang, the hotel manager, personally came to apologize for the car. She bowed and told me they were very sorry and then she gave me 700 CNY for their mistake. I was shocked and know that would never happen in the States. So, they actually paid for the taxi ride. Just unbelievable. It is a great reminder of the importance of focusing on the customer as a person.
I was happy to have had an interview with IdeaMencsh. The experience was fun and the interviewer super nice and did their research.
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