We asked Pipra AG, one of the 2021 >>venture>> winners of our Health & Nutrition Vertical to tell us a little bit more about themselves, their plans for the future and how they got started in the business of postoperative complications prevention.
Could you explain what your startup does in a few sentences?
Postoperative delirium is a devastating complication after surgery where patients experience cognitive problems. And it's incredibly common: 20% of people over 60 years of age experience it after surgeries such as knee and hip replacements. Often it's the beginning of dementia, with 41% still suffering long-term cognitive decline twelve months after their surgery. The problem is that once the symptoms arise, it's too late – there is no treatment. The good news is that prevention is extremely effective but too costly to deploy for every patient. We've developed AI-based software that identifies high-risk patients before they have surgery. It allows for targeted prevention which hugely improves patient outcomes as well as reducing costs for hospitals.
What is something you wish you knew when you started putting together your business?
It would have been rather convenient to know about COVID before it all kicked off. But joking aside, putting together a business is a marathon and not a sprint. So it's worth putting in place sustainable working practices right from the beginning.
What plans do you have for your startup in the next several months?