Three years ago, Chayan Chatterjee and his colleagues Soura Bhattacharyya and Sahil Mehta were heading the medical technology group at a Kolkata based affordable-care provider.
Their goal was to identify ways in which technology could be used to deliver high-quality, affordable care — a quest that took them to small towns and villages. When the company decided to wind down its technology operations, the trio started out on their own, confident about the potential of the market. Thus, Lattice Innovations was born in November 2014.
The startup provides design services to healthcare firms and also creates its own products. “While working for Glocal Healthcare, we gained first-hand experience regarding the challenges and opportunities in providing consistent care in small-town India. We started Lattice Innovations with the aim of scaling up technology offerings, covering a larger audience, and helping other healthcare organizations create cost-effective healthcare solutions,” said Chatterjee, Chief Operating Officer, Lattice Innovations with the aim of scaling up technology offerings, covering a larger audience, and helping other healthcare organizations create cost-effective healthcare solutions,” said Chatterjee, Chief Operating Officer, Lattice Innovations. Chatterjee is an IIT Bombay and Wharton Business School graduate.
The team started its journey by offering design services and using the surplus money for research and development of its own products. “The strategy we adopted was —let us offer design services and use the surplus to push back into product development. Our present revenues are 75 percent from design services and 25 percent from our products. At any point of time, we have three projects going on,” said Chatterjee.
Some of Lattice’s design projects include the following: designing and building a cardiac risk assessment kiosk to support the Amrita Institute of Medical Sciences’ community outreach program in adult cardiology, a wearable device that detects balance disorders by tracking eye movement for a medical device startup based in Bengaluru, and also an android app that provides infant growth and development metrics to new parents for a medical technology startup based out of Atlanta and Ahmedabad.
“When we approached them, we were a group of two doctors and one MBA. We did not have any engineering expertise at that time. They did the hand holding from that time onwards. From scratch to seeing a proper prototype, throughout this process, whether it was engineering or component design or finding vendors, they helped us. The team is a very resourceful and enthusiastic,” said Dr DR Srinivas, co-founder of Bengaluru based Cyclops MedTech, a startup working in the areas of eye tracking and vestibular science.
However, the New-Delhi based startup’s long standing association is with CAMTech (Consortium for Affordable Medical Technologies), which is based at Massachusetts General Hospital’s Global Health department. It is a global network of academic, clinical, corporate, government and non-profit partners, working to drive health innovation around the world by identifying pressing clinical needs and crowdsourcing innovative solutions
“Lattice Innovations is the onground implementation partner of the CAMTech India Program. We have organised four healthcare hackathons, titled jugaadathon, to date and are now gearing up for the first ever multi-city hackathon to be held this month,” said Chatterjee.
Lattice has also designed and developed a web application, the CAMTech Innovation Platform, which connects medical technology innovators with experts, investors and resource providers in the medical technology ecosystem.
Lattice’s own products include a networked ICU patient monitor, SMS-enabled outpatient monitor and a digital microscope. The digital microscope, which is in the prototype stage, can scan slides, capture individual fields of view, and automatically stitch them into a composite image.
“The networked ICU patient monitor is currently in use at Makunda Christian Hospital in Karimganj District (Assam)… 25 units of the SMS-enabled outpatient monitor are in use across 13 districts in Andhra Pradesh and a total of 39 units have been deployed nationwide, as part of a project initiated by the National Health Systems Resource Center (NHSRC),” said Chatterjee.
The startup estimates that the market size by the year 2021 is in the range of $600 million for tele-monitoring services in Asia Pacific.
Lattice, which earns revenues through direct sales of its products and charging for its design services, has received the Biotechnology Ignition Grant (BIG) from the Biotechnology Industry Research Assistance Council for its tele-ICU solutions. “Our future plan is to scale up commercialisation efforts for our networked patient monitoring system. We also want to add a new product to our portfolio each year,” said Chatterjee.