Ruth Medical

Ruth Medical is a specialized MedTech lab, building devices for chronic diseases worsened by modern life: pollution, smoking, obesity, occupational exposure. Their first product, the MeDI Chamber, reinvents the inhaled drug delivery space for the 700M+ asthma and COPD patients globally.

Why Now: $13B SOM in a category with no real innovation since the 1980s. Less than 40% of patients who own spacers use them; the device is bulky and embarrassing. Ruth's MeDI Chamber is the only product in the high-portability + high-ease-of-use quadrant, with 80-90% projected gross margins on a 2x-per-year consumable replacement cycle (Reimbursed by billing codes already established in this category). The device has two patents pending, creating a high barrier to entry for competition. It is positioned well for strategic partnerships (e.g. CVS, Walgreens) and exit (e.g. Astrazeneca, GSK)

Highly Experienced Team: 
Founder Adam Marsh (17+ yrs at Silk Road Medical, Noah Medical, Imperative Care, Abbott, Acelity; $1B+ in product portfolios)
Engineering lead with 25+ yrs at Abbott, Aspire Medical, Neodyne Biosciences
Regulatory and Quality lead with 20+ years at Thoratec, Procept BioRobotics, SIRIS Medical, Tivic Health
Clinical advisory board members from University of Chicago, University of Kansas and HCA Healthcare