Open Talk: Why not wearables? Shamus Husheer, Heartfelt Technologies
Shamus Husheer, CEO of Heartfelt Technologies formed the company three years ago and aims to reduce the number of hospital re-admission rates from congestive heart failure. Heart failure costs the NHS about two billion pounds per year, and statistics show that one in five people will suffer from heart failure (it is the most common cause of hospitalisation for those aged over 65).
Heartfelt Technologies' new video-based device monitors heart failure in the home; the data from it feeds into existing telemedicine monitoring systems allowing carers and medical professionals to take prompt action with high-risk patients.
Shamus will talk about why he formed Heartfelt Technologies, and why he’s not developing wearable devices.
Shamus is a successful entrepreneur, starting Cambridge Temperature Concepts (their product DuoFertility, aimed to make women ‘pregnant in one year or your money back’) in 2005. He has founded, fund-raised and managed multiple companies based on technologies invented by myself and others. He has designed and developed one of the first FDA-approved "wearable health"/"digital health" consumer medical devices, one of the first crowdfunding companies, and one of the first businesses based on a facebook app, raising over £7 million for these three companies and leading teams of over 30 in roles all the way from CEO to general lackey (often both at the same time).
Shamus is a technologist and inventor turned CEO/CTO, with a track record in Angel and VC fundraising (9 rounds in 4 companies), rapid commercialisation of technology (paper through prototype, medical approvals, trials and direct-to-consumer sales in 18 months), and business development (securing distribution through the UK's largest pharmacy chain)
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