Investor's Fact Sheet

Founded

  • April 2007, privately held.

Founders

  • Dr. Gordon Ku
  • Dr. Martin Roberts
  • Dr. David B. N. Lee
  • A/Prof. Neo Kok Beng
  • Temasek Polytechnic

Mission

  • Contribute to patients, technology, economy & society, hence, wealth creation.

Vision

  • Create a new paradigm in renal dialysis.

Employees

  • 34 (worldwide)

Business

  • Wearable and portable sorbent based kidney dialysis machines and consumables.

Market

  • ~3.8 million dialysis patients globally by year 2020.
  • Estimated dialysis market size of US$75 billion in 2016.
  • Compounded annual growth rate - 6% in mature market and >10% in developing market.
  • Visible trends towards portable and  home dialysis driven by reimbursement and government policies.

Join Venture

  • With Neokidney Development BV and Debiotech SA to develop a portable hemodialysis machine (2014)

Awards

  • Winner of Promising National University of Singapore Start-up Award at Innovation & Enterprise Award (2013)
  • Winner of 4th Global Entrepreneurship Competition BizBarcelona (2012)
  • Winner of Technology Enterprise Commercialisation Scheme (TECS) by SPRING Singapore (2012)
  • Winner of The US Department of Veterans Affairs Innovation Initiative's (VAi2) Industry Innovation Competition (Industry-IC) (2011)
  • Top 12  Asian Innovation Awards 2011 by Wall Street Journal Asia (2011)
  • Institution of Engineers (IES), Singapore, Prestigious Engineering Achievement Award (2011)
  • Top 7 Boston Indicators Project (2009)

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