After losing a close friend due to a heart attack in 2016, Kaushik Shanmugam set about creating a device that could potentially save others from suffering the same fate, and so, he created Lacidem.
What is Lacidem?
Lacidem is wearable based healthcare company that aims at predicting abnormalities in cardiac patients, even before the symptoms occur using our pattern recognition algorithm which is integrated with our non-invasive wireless wearable patch, that can monitor all critical signs in real time, with maximum clinical accuracy.
Why did you create it?
A friend of mine passed away two years ago due to a heart attack. But the real reason was due to delayed medical attention. It was found that he suffered a cardiac condition previously but was never diagnosed. With further research, the stats were shocking with 40% of the patients needed rehospitalisation within six months after treatment, out of which 26% died. We understood the major reason is lack of awareness of one’s health status and that’s the reason for creating Lacidem.
“Our device can monitor all critical signs in real time, with maximum clinical accuracy.”
What is your background?
I have a Master’s Degree in entrepreneurship and computer science from University College Cork and I have previously founded a startup that helped architects and designers showcase their portfolio online and helped consumers to find their perfect architect or designer.
How difficult is it to create a medical product?
In general, there are many regulations to scale a medical product and I think that gives you the upside as there will be less competition and a significant problem to solve. I believe my product will bring a change in someone’s life and that’s what I consider success. We do not fall under a medical device company as we don’t develop implants or any form of device that provides diagnostics or
