Kinnevik Results Presentation Deck
KINNEVIK HAS INVESTED SEK 131 MILLION INTO JOINT ACADEMY, A SWEDISH DIGITAL
HEALTH COMPANY SPECIALISED IN CHRONIC JOINT PAIN
Description
Case Validity
Strategic Fit
joint academy
Investment Overview
Joint Academy is a digital health platform based in Sweden that delivers online,
evidence-based treatment for chronic joint pain, specializing in osteoarthritis
The company provides a solution allowing patients to manage their osteoarthritis on their
own with physiotherapists supporting patients remotely, i.e. an online/telehealth version
of the established program used in traditional clinics
Approximately 80% of global healthcare spend stem from 15 chronic diseases, out of
which chronic joint pain is the fifth most common
The condition has traditionally been treated with pain reducing medication (opiods)
and/or expensive and invasive joint replacement surgery
Patients enrolled in Joint Academy's digital treatment on average report a 44% reduction
in pain after three months and report reduced levels of pain over the rest of the first year
Almost half of patients who considered joint replacement reports that they no longer
need it
The company addresses one of the largest cost drivers in the global healthcare system
and does so by way of digitizing a proven clinical methodology for osteoarthritis care that
has been developed over many years and with data from many thousand patients
Joint Academy sits perfectly at the intersection of our Nordic Venture and International
Healthcare strategies, allowing us to leverage our strong local network to support the
company as it grows as well as our deep sector expertise as it expands to international
markets
09:41
Pain
This graph shows how your pain has developed
since your first day of treatment
G
1
-87% (7)
p
Actus
2
D
3
Show profie
1
6
4
KINNEVIKView entire presentation