Where did your idea and value proposition start?
My co-founder, Tess, and I started about five years ago when we were both getting our Master's in Biomedical Engineering at Columbia University. We teamed up in a bio design course and started to explore why the newborn mortality rate is so much higher in low-resource settings overseas than it is here in the U.S., like Uganda where the rate is 10 times higher. We then started doing some initial stakeholder interviews, but there's only so much that we could do from a desk in New York.What led you to mHUB?
We moved to Chicago after grad school and have been based here full-time ever since. In 2018, we participated in TechStars and got connected into the broader Chicago tech ecosystem. We started out in 1871 where we built the foundational elements of our business. As we grew, we were looking for opportunities leverage the Chicago network to really advance our efforts. Our biggest needs were on developing hard technology including prototyping and manufacturing, which is expertise that other incubators in the city just didn’t have. We’ve found a home at mHUB where we can access the member community, mentors, and prototyping equipment; which are all very important to us. Since being here, we’ve been able to transition from prototype to design freeze on neoGuard. Additionally, we were able to establish a relationship with a contract manufacturer, build tooling, and complete a pilot build with them.How has your business grown?
We started out as a team of just two people, which is small. That meant a lot of hustle and work. We’ve now grown to six people after closing a seed round in Q1 of 2019. Our Program and Research Coordinators are based in Uganda full time, our leadership team and Supply Chain and Operations Lead are here in Chicago, and our Embedded Engineer is in Denver. We've been able to reach several milestones with our wearable vital signs monitor, neoGuard, including the completion of several clinical trials in the U.S. and in Uganda to demonstrate the safety, performance, and accuracy of the device.What’s next for Neopenda?
That is a little bit difficult to tell, because things are continuing to evolve rapidly. The silver lining for us right now is that we have a device that can really make a difference in the fight against COVID-19. The pandemic has demonstrated the need for vital signs monitors globally, and we've been able to advance our efforts significantly to meet that need. As a result of this shift in the technology to apply beyond infants, we have been able to dramatically increase the opportunity that we have to help patients around the world. We've also started expanding our efforts and scaling to new countries much faster. We have a pilot that we'll be starting in Kenya soon and are also exploring executing a pilot in Tanzania. Over the next several months, we're transitioning to commercial launch. Currently, we're in process with regulatory authorities for emergency use authorization, and as soon as we have that regulatory approval, we'll be able to start marketing and selling products globally. Next year, we'll be focused on growing our reach and making sure that we can impact as many patients as possible. We're also increasing our fundraising efforts to make sure that we can continue to grow the team and support the scale of our business.