SIRICA THERAPEUTICS - "We Make Therapy Fun!"
PROBLEM: Autism is the fastest-growing neuro-developmental disability. It is a life-long condition with no known cause or cure. Currently, treatment involves one-on-one behavior, speech, and occupational therapy for 25 to 40 hours a week, reimbursed by insurance, with variable clinical effectiveness. Currently, there is only half the number of therapists available to meet the demand of 60,000 therapists in the US.
SOLUTION: We are building a therapeutic device for Autism, using advanced robotics, virtual reality, and video gaming. It is scalable and can be deployed anywhere patients are seen with minimal training for the staff. This system is designed to provide both physical and mental challenges to the user by creating a deeply immersive virtual environment where this task-oriented therapy is made possible. We hypothesize that this treatment will help a patient in the areas of anxiety, aggressiveness, sleep, and focus. This system can be automated and customized to individual patients based on their specific needs and capabilities. It is designed to augment current therapy in a clinical setting.
BUSINESS MODEL: Our business model is SAAS selling B2B to clinics where they provide this treatment as an adjunct to the current therapy. Our next stage market will be the home market with therapists administering treatment remotely to multiple patients. The home market will be served on a subscription basis.
TRACTION: We have obtained an exclusive license from the manufacturer of the hardware. The first set of devices will be tested in a clinical pilot study in May of 2023. We are building partnerships with clinics through advisors for potential research opportunities and to eventually become our customers.
TEAM: We have a stellar team consisting of parents, clinicians, technologists, and industry executives with prior startup and industry experience in digital health, pharma, medical device, and clinical care. Our advisors are from academia and industry.
FUNDING: So far the company has raised $200k from the founder, friends, and family. We are now raising a seed round to be able to build out the team, build the technology and continue R&D work before the system is ready to launch into the market.
PROTOTYPE DEMO VIDEO: https://www.youtube.com/watch?v=_tSL4o-5cMk
FOUNDER: Uli K. Chettipally, MD, MPH. - https://www.linkedin.com/in/ulichettipally/
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