The Cancer Aid App: Revolutionizing Cancer Care on a Global Scale
When faced with a cancer diagnosis, patients often feel overwhelmed and alone. They are bombarded with information, appointments, and treatments, leaving them struggling to keep up and make sense of it all. This is where the Cancer Aid App comes in — a revolutionary app that is changing the face of cancer care on a global scale.
On the first episode of Season 3 of Shark Tank Australia, three doctors, Dr. Nikhol Pooviah, Dr. Raghav Murali-Ganesh, and Dr. Martin Seneviratne entered the Tank seeking an investment of $500,000 in return for a 10% equity stake in their app, ‘Cancer Aid’. The Sharks were immediately intrigued by the potential of this app to improve the lives of cancer patients and caregivers around the world.
The Cancer Aid App is already the number one cancer app in Australia, US, and UK. It provides personalized cancer information to patients and caregivers, allowing them to take control of their treatment journey. This information is often not provided by doctors, leaving patients feeling lost and confused. By having this information readily available on their phones, patients can digest it at their own pace and feel more empowered about their treatment.
But Cancer Aid goes beyond just providing information. It also offers a unique ‘journey organizer’ where patients can log their symptoms, medications, and medical records, making it easier for them to keep track of their treatment progress. This feature is especially helpful when there are multiple doctors involved in a patient’s care.
One of the biggest challenges for cancer patients is feeling isolated and alone. The Cancer Aid App has a solution for this as well — the ‘Cancer Aid Community’. Similar to social media platforms like Facebook and Twitter, this community allows patients to connect with others going through similar experiences. This support system can be invaluable for those battling cancer, providing them with a sense of belonging and understanding.
The doctors behind Cancer Aid have a unique business model in place. They license the app to three customer segments — cancer institutions, research organizations, and private cancer specialists. This allows them to provide the app free to patients, making it accessible to those who need it most. The pricing for the app varies depending on the size of the organization, with a licensing fee of $100,000 for cancer institutions, $50,000 for research organizations, and $5,000 for private specialists.
The Sharks were impressed by the app’s success and potential for growth. They were also moved by the doctors’ passion for improving cancer care and patient outcomes. In the end, three Sharks — Steve Baxter, Glen Richards, and Naomi Simson — made an offer of $500,000 each for 10% equity. The doctors were thrilled with the outcome and chose to work with all three Sharks.
With a combined investment of $1.5 million, the doctors behind Cancer Aid can now take their app to new heights. Their goal is to expand internationally and help improve cancer care on a global scale. The Sharks believe that this app has the potential to make a significant impact on the lives of millions of people living with cancer.
Currently, Cancer Aid has already secured $170,000 in signed term sheets and prepayments totaling $10,000. This is a testament to the app’s appeal and potential for success in the market. With the Sharks’ investments and expertise, Cancer Aid can reach even more patients and make a bigger impact in the medical industry.
What sets Cancer Aid apart from other healthcare apps is its focus on the end-user — the patient. The doctors behind it understood that in order to make a difference in cancer care, they needed to work closely with patients and caregivers. This real-world experience and understanding of patients’ needs have resulted in an app that truly makes a difference in people’s lives.
The success of Cancer Aid also highlights the changing landscape of healthcare. With the rise of technology, apps like this are changing the way patients receive information and access care. The medical industry is notoriously challenging to navigate, and Cancer Aid is simplifying this process for patients and institutions alike.
In conclusion, the Cancer Aid App is a game-changer in the healthcare industry. It has already made a significant impact in Australia, US, and UK, and with the support of the Sharks, it can now reach even more people around the world. The doctors behind it have a passion for improving cancer care, and their app has the potential to make a real difference in the lives of millions. The future looks bright for Cancer Aid, and we can’t wait to see the positive impact it will continue to make in the years to come.
