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Runatek

Revolutionizing Outpatient Pain Management

About Runatek

Runatek is a medical device startup that has developed a smart device (the Sotiras) that regulates the concentration of opioid pain medication in a patient’s system when they’re recovering from a major surgery, such as a total joint replacement (TJR). This ensures that the patient does not misuse the medication or develop an addiction by leveraging proprietary sensing methods to determine the concentration of medication in a patient’s system and provide subcutaneous doses of medication to maintain a doctor-prescribed setpoint in an outpatient setting.

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Problem statement

- Surgeons prescribe opioids after a major surgery (such as a Joint Replacement)
- Taking pills or injections causes a cycle of high and low concentration
- This juxtaposes pleasure (high) and pain (low) outside the therapeutic window
- Leads to cravings, misuse, and addiction
- Payers have to shell out $78 Billion for addiction treatment each year (plus lawsuits)

Traction information

Company is pre-revenue and has no clinical trials yet.
Partnership with UT Tyler, all IP owned by Runatek (Patent pending)
Has a current working prototype as well as related software
Pilot study to assess sensing technology in a real-world setting planned for June 2022.

Milestones

July 2022

Joined Capital Factory

Officially became a part of the Capital Factory Partners portfolio.

May 2022

Software MVP

Software MVP for setting dosing prescriptions and viewing patient data.

December 2021

Sensor Technology Patent Filed

Provisional patent #US44556222: Method for Measuring the Plasma Concentration of Medication in a Human Patient Through the Use of Continuous Glucose Monitors.

August 2021

Research and Development Partnership with UT Tyler

Runatek entered an agreement with the University of Texas at Tyler to fund research on control systems and medication dosing for patients taking prescription opioids. This partnership has yielded multiple published articles, over a dozen research reports, and gigabytes of research data for Runatek.

June 2021

Sotiras Hardware Prototype

Team developed first hardware prototype of the Sotiras, including CAD models, pump system, electronics, etc.

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