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Patronus Health GmbH Receives Angel Investment and Public Grant

·4-min read

DGAP-News: Patronus Health GmbH / Key word(s): Financing
16.12.2021 / 09:00
The issuer is solely responsible for the content of this announcement.

Patronus Health GmbH Receives Angel Investment and Public Grant

Bad Vilbel, 16 December 2021 - Patronus Health GmbH, developer of an interactive, app based prehabilitation program, announced today that the digital health start-up will receive fresh capital of approximately € 1 million as part of a pre-seed financing round under lead investor and business angel Georg Matheis, MD, and funding from the State of Hesse. The funds will be used to develop the Patronus Prehab App and set up the company.

Patronus Health is developing an interactive, app-based prehabilitation program to prepare patients for major surgery in the abdominal and chest area. As part of the pre-surgery assessment, the attending physician enters his patient's key clinical parameters into the Patronus Prehab App, which creates an individualized aerobic exercise program based on the information. The patient undergoes prehabilitation away from the clinic, but still under the guidance of his or her physician. Since the app assesses the patient's personal data in real time during the exercise, the attending physician can assess any existing risk, adapt the program, and optimally prepare the patient for surgery.

Patronus Health was founded as a spin-off of Goethe University in Frankfurt am Main in August 2021 and was created as a joint initiative by three physicians who recognized the medical need for more prehabilitation in the context of surgical or post-surgery patient care. Patronus Health received the E-Health Award 2021 from the state of Hesse in September. With this award, the state honors the most innovative start-ups.

"Often, we find ourselves dealing with things after surgery which could have been easier to manage or avoided completely with better pre-surgery habilitation. If we focus more on prehabilitation measures, we have a realistic chance of improving patient outcomes. This is where our idea for Patronus and the Prehab App came from," explains surgeon Prof. Andreas A. Schnitzbauer, MD, CEO and co-founder of Patronus Health.

The other founders are Charlotte Detemble (Chief Financial Officer), economist and medical student, Dora Žmuc, MD (Chief Business Development Officer), a physician also holding a master's degree in management and economics in healthcare, and Mark Siller, Managing Director of the Heilbronn-based software developer, Seven D. Seven D and Patronus have entered into a strategic technical partnership for the further development of the app.

About prehabilitation

Prehabilitation is a new field of perioperative medicine that combines physical activity, nutrition and psychosocial well-being to positively impact patients' modifiable health factors before surgery. A prehabilitation program allows them to go into surgery with the best possible fitness. This optimization phase prior to major surgery can be compared to the preparation for a marathon: very few people would manage such an extreme physical effort without training.

Enormous cost reductions, better quality of life
Prehabilitation can reduce the likelihood of complications by up to 50%, reduce morbidity and mortality, improve quality of life, and shorten hospital stays. Evidence shows that this can result in cost savings of up to 30% for health care systems. Quality increases and costs decrease, which results in significant added value.[1],[2],[3],[4]

About Patronus Health GmbH

Patronus Health is a digital health start-up that aims to provide patients and physicians with access to structured prehabilitation measures before major surgery. Based on scientific evidence and medical excellence, Patronus Health aims to pioneer quality of care and patient safety while strengthening patient empowerment. Patronus Health was founded by three active clinicians with proven expertise in business finance, drug safety and quality management. Together, the founders Prof. Andreas Schnitzbauer, MD, Charlotte Detemble and Dora Žmuc, MD have extensive experience in national and international cutting-edge medicine and patient-oriented research. Also on the founders' team, Mark Siller contributes his expertise for app development. Patronus Health GmbH has been operating since August 2021 and is based in Bad Vilbel, Germany. For more information about Patronus Health, visit our website at www.patronus-health.com.

Contact
Prof. Andreas Schnitzbauer, MD
Patronus Health GmbH
Saalburgstr. 4 c
61118 Bad Vilbel
hallo@patronus-health.com

Media contact
MC Services AG
Katja Arnold / Dr. Brigitte Keller
+49 89 210228 0
patronus-health@mc-services.eu

References
[1] Barberan-Garcia A et al. Ann Surg 2018;267:50-6. doi:10.1097/SLA.0000000000002293
[2] Barberan-Garcia A et al. Br J Anaesth 2019;123:450-6. doi:10.1016/j.bja.2019.05.032
[3] Fuertes-Guiró F & Viteri Velasco E. J Med Econ 2020:1-12. doi:10.1080/13696998.2020.1764965
[4] Howard R et al. J Am Coll Surg 2019;228:72-80. doi:10.1016/j.jamcollsurg.2018.09.018


16.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Patronus Health GmbH

Saalburgstr. 4c

61118 Bad Vilbel

Germany

Phone:

+49 170 7348500

E-mail:

hallo@patronus-health.com

Internet:

https://patronus-health.com/

EQS News ID:

1258376


 

End of News

DGAP News Service

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