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Page 1: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

P R E S S @ C A P S U L E C A R E S . C O MC A P S U L E C A R E S . C O M

Page 2: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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Capsule is rebuilding the pharmacy industry from the inside out

with an emotionally resonant experience and technology that enables customized outcomes for doctors, hospitals, insurers, and manufacturers.

Page 3: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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In the healthcare industry, businesses often forget that behind all the craziness of the system, we’re all just people looking after other people.

At Capsule, we have solved the familiar frustrations of conventional pharmacies — eliminating wait times, building predictive inventory tools to ensure medications are in stock when you need them, putting price transparency at the core of the customer and doctor experience, creating a modern way to interact with your pharmacist, and offering smart refills so you never miss a dose of your medication.

This frictionless experience is at the heart of the first emotionally resonant brand in healthcare.

34 to 52%Percentage of prescriptions that are never picked up from the pharmacy.

4 in 10Number of people who have to return to their pharmacy due to out-of-stock prescriptions.

60 minsTypical time spent waiting for a prescription to be filled.

26%Percentage of people who would recommend their chain pharmacy to a friend.

90%Percentage of prescriptions filled at retail pharmacies,up from 82% in 2009.

Whether you’re sick or just sick of your pharmacy

Page 4: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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Rebuilding the pharmacy from the inside outCapsule is a new kind of pharmacy. Instead of spending millions on corner stores, we’ve invested in technology, experience, and care. Instead of mailing you your prescriptions in 10-14 days, we hand deliver them right to you on the same day you see your doctor.

We’ve engineered a holistic pharmacy experience that provides personalized and effortless care, setting a new standard for how people interact with their medications. Our team has rebuilt the pipes and the platform powering the pharmacy to create a better healthcare system for everyone.

Subsituted for Lipitor, Mfg: San

Atorvastatin 10mg1520 6TH AVENUE APT. 31F, NEW YORK NY 10020Ryan Miller

Quantity: 30 Prescribed by: Dr. John WaltersExpires: 2/9/2016

TAKE 1 TABLET BY MOUTH DAILY

(212) [email protected]

F I L L E D B Y S O N I A P A T E L O N 2 / 9 / 2 0 1 6

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apsule Corporation

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+ C A L L O R T E X T U S A T 2 1 2 - 6 7 5 - 3 9 0 0

+ E M A I L U S A T H E L P @ C A P S U L E C A R E S . C O M

+ L I V E C H A T I N T H E I P H O N E A P P

Don’t be shy.You can ask us anything.Want to talk about your medication? Your copay?

Your ex-boyfriend/girlfriend? Your ex-pharmacy?

We’re always here for you.

Page 5: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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S E N D U S Y O U R

P R E S C R I P T I O N

We’ll transfer your next refill to our pharmacy. Or if it’s something new, ask your doctor to send it to us directly. Our technology works with your doctor and insurance company to get you the best price.

W E H A N D D E L I V E R

T O Y O U R D O O R

We bring your medication to your home or office, today or whenever you need it. Our service and delivery are always free, and your copay stays the same.

A L W A Y S L O O K I N G

A F T E R Y O U

We’re here to help. Whether you have a question about your insurance or want a private place to talk with a pharmacist, we are always just a call, text, chat, or email away.

Everybody needs some looking after sometimes

Page 6: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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The conventional pharmacy system doesn’t work for anyone—half of prescribed doses are never taken

+ No price transparency

+ No access to information or advice

+ 25% of time spent on admin issues

+ 946 million callbacks from pharmacies

+ No visibility post-visit

+ $50bn medication-related readmission costs

+ No visibility post-discharge

+ 48-66% fill rates

+ $30bn sales and marketing spend with no visibility on fulfillment pathway and ROI

+ $67bn R&D spend

+ No real-world clinical data

C U S T O M E R S D O C T O R S I N S U R E R S & H O S P I T A L S

M A N U F A C T U R E R S

H

Page 7: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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Capsule’s holistic pharmacy model meets consumer demand

+ Prescription drugs are a $425bn industry, with 70,000 retail pharmacies and 1.4% online penetration.

+ Legacy brick and mortar pharmacies, where 90% of prescriptions are still picked up, have not changed in more than a hundred years.

+ Conventional mail order pharmacies aren’t sufficient when you’ve run out of the medication you need or when you’ve left your doctor’s office and want to get started on your medicine straight away.

+ Capsule has built a brand and experience that consumers love and trust, backed by 1,000+ perfect App Store reviews.

Page 8: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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Capsule was born when a couple of old friends started to talk about why pharmacies don’t work and realized that their different perspectives could lead to a real solution. Eric spent years working in healthcare and retail investing, while Sonia was on the ground as a pharmacist and troubleshooting underperforming pharmacies for the Walmart system.

Together they are leading the team on a mission to fundamentally rebuild the pharmacy and set a new standard for care.

Eric KinariwalaF O U N D E R A N D C E O

Before founding Capsule, Eric worked in investing at Bain Capital and Perry Capital, where he focused on the retail, healthcare, and technology industries. He has an MBA from Stanford Graduate School of Business and an undergraduate degree from Wharton at the University of Pennsylvania. Eric is also an angel investor in a handful of companies, including Funding Circle, Aviate, and Harry’s.

Sonia Patel, PharmDC H I E F P H A R M A C I S T

Sonia is a Doctor of Pharmacy, with more than a decade of experience working in the pharmacy industry. She is a licensed pharmacist in five states, including New York. She grew up in a family of pharmacists, and has a PharmD from the University of Texas, Austin.

The extraordinary team

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A pharmacy that worksfor everyone

Page 10: PRESS@CAPSULECARES.COM CAPSULECARES - Capsule … · 4 Rebuilding the pharmacy from the inside out Capsule is a new kind of pharmacy. Instead of spending millions on corner stores,

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Have any questions?Send us a note: [email protected]

Sources

34 to 52%: Percentage of prescriptions that are never picked up from the pharmacy

[www.nacds.org/pdfs/pr/2011/PrinciplesOfHealthcare.pdf]

4 in 10: 42 percent of people had to return to their primary pharmacy at least once in the last year due to out of stock prescriptions. 24 percent of people had to go to a different pharmacy because their prescription was out of stock

[www.pharmacysatisfaction.com/sites/default/files/pdfs/ Pharmacy_Satisfaction_2016_Report_Full_Report.pdf]

60 mins: Typical time spent waiting for a prescription to be filled at a chain pharmacy

[www.ncpanet.org/pdf/pulse_2013.pdf]

26%: Percentage of people who would recommend their pharmacy to a friend (Net promoter score)

[http://www.destinationcrmblog.com/2013/04/25/ the-nps-leaders-are-in-the-worst-are-still-the-worst/]

Retail Rx penetration increased from 82% of the market in 2009 to 90% of the market in 2016

[Goldman Sachs, Fortnightly Thoughts, April 12, 2017]

People who do take prescription medications — whether it’s for a simple infection or a life-threatening condition — typically take only about half the prescribed doses

[https://www.nytimes.com/2017/04/17/well/the-cost-of-not-taking-your-medicine.html]

946 million callbacks from pharmacies to doctor’s offices

[https://www.cms.gov/Medicare/E-Health/Eprescribing/downloads/e-rxreporttocongress.pdf]

Prescription drugs are a $425bn industry with 70,000 retail pharmacies and 1.4% online penetration

[https://www.bloomberg.com/news/articles/2016-04-14/prescription-drug-spending-hits-record-425-billion-in-u-s | https://www.cbsnews.com/news/express-scripts-tim-wentworth-pbm-rising-drug-prices-mylan-epipen-heather-bresh/ | Goldman Sachs, Fortnightly Thoughts, April 12, 2017]