Kinnevik Results Presentation Deck slide image

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 KINNEVIK
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