Pneuma Respiratory, Inc.
- Industry
- Medical Equipment Manufacturing
- Founded Year
- 2015
- Headquarters
- Boone, North Carolina, USA
- Employee Count
- 16
Key People
- Eric Hunter - CEO
- Jack Hebrank - CSO
- Chao Ping Lee - Director of Asia
Assessment
- Team
-
Aspect: First-time 10+ yrs
Summary: The leadership team comprises individuals with over a decade of experience in their respective fields, though they are first-time entrepreneurs in the MedTech sector.
While the leadership's extensive experience in their fields is commendable, their status as first-time entrepreneurs in the MedTech industry could present hurdles in navigating the unique challenges of this sector.
- Clinical Need
-
Aspect: Very Strong
Summary: Pneuma addresses the critical issue of smoking cessation, targeting the world's largest preventable cause of death.
By developing innovative solutions for smoking cessation, Pneuma is tackling a pressing public health crisis, positioning itself to make a substantial impact on global health outcomes.
- Competition
-
Aspect: Somewhat crowded
Summary: The market for smoking cessation products is moderately competitive, with several established players.
The presence of multiple established products in the smoking cessation market means Pneuma must effectively differentiate its offerings to capture market share.
- Technical Challenge
-
Aspect: Moderate
Summary: Developing a digital breath-activated inhaler involves moderate technical complexity.
While the technology behind a digital breath-activated inhaler is moderately complex, successful development and deployment depend on meticulous engineering and testing.
- Patent
-
Aspect: Very Strong
Summary: Pneuma holds a robust patent portfolio with 139 issued and pending patents.
With 139 issued and pending patents, Pneuma has established a solid intellectual property foundation, offering significant protection against competitors and potential licensing opportunities.
- Financing
-
Aspect: Medium
Summary: Pneuma has raised $30.4 million over multiple funding rounds.
The $30.4 million raised provides a solid financial base; however, further investment may be required to support large-scale production, marketing, and distribution efforts.
- Regulatory
-
Aspect: Pivotal Trial
Summary: The company is in the pivotal trial phase, a critical step before market approval.
Navigating the pivotal trial phase is crucial, as it directly impacts the timeline and likelihood of obtaining regulatory approval necessary for market entry.
Opportunity Rollup
- Odds of Success
- 3.6
- Peak Market Share
- 5.15
- Segment CAGR
- 3.4%
- Market Segment
- Smoking Cessation Devices
- Market Sub Segment
- Digital Inhalers
Year Post Launch | Market Penetration (%) |
---|---|
1 | 0.26 |
2 | 0.77 |
3 | 1.80 |
4 | 3.60 |
5 | 5.15 |
Key Takeaway
Pneuma Respiratory's innovative digital inhaler addresses a significant health crisis, but success hinges on navigating regulatory pathways, differentiating in a competitive market, and securing additional funding for scaling operations.