Dr. Nayan Kalnad, CEO Avegen
- A medical doctor's journey into Pharmaceuticals & digital healthcare
Friday, 9th December 2022
After years spent as a medical doctor before a transition into the world of pharmaceuticals, Dr Nayan Kalnad was working to improve ongoing care delivery to HIV-positive patients in India.
Wanting to do more to help these patients, he realised that the right digital technologies could transform the quality of treatment that they - and others with long-term health conditions - were receiving.
In 2009 Nayan moved to London for his MBA at London Business School and worked with Janssen UK, leading a digital innovation team for four years. This is where Nayan had the light bulb moment and decided to bring together his medical expertise and his vision to use technology to improve care delivery and health outcomes.
In 2015, he teamed up with Neeraj Apte - a software engineer with over 20 years of experience - to create Avegen and build their flagship HealthMachine™ product development platform.
Together, they set about working with some of the biggest names in healthcare and pharmaceuticals to create ground-breaking digital health products.
Today, the products they’ve created with their clients are used by over 1 million people across 14 countries worldwide. These products include products to reduce maternal mortality, improve mental health, reduce the recurrence of myocardial infarction, treat paranoia and improve treatment outcomes for individuals with Long Term Conditions like Tuberculosis, HIV, and Pulmonary Arterial Hypertension.
1 in 4 patients are living with long term conditions. And the cost of caring for these patients is increasing. Avegen plays an invaluable role in supporting international companies and institutions to deliver exceptional digital care to transform the patient experience.
Nayan, along with Neeraj and their team, bootstrapped the business from day one - building it into a 60-strong team which now stretches across multiple continents without any venture funding. This has allowed them to iterate their model and build the strong foundations needed for long-term growth.
The journey hasn’t been without challenges. This included having to pivot away from their original, direct-to-patient model after discovering that the structure wasn’t scalable or able to help as many people as it needed to. Pivoting a bootstrapped business can be extremely tough and the whole team worked hard to make it through the transition and thrive on the other side.
Nayan’s north star is his desire to improve health outcomes for patients. Every product he builds has the patient and their wellbeing at the heart.
To find out more about Avegen visit https://avegenhealth.com/
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