Marc Rippen: Providing life-saving aid to diabetic patients with Alertgy
The 10 Most Pioneering CEOs Making a Difference, 2022
Climbing the ladder of success is not easy.
One has to cross several hurdles while finding the next step to climb up. Marc
Ripper, CEO of Alertgy, realized that only hard work, conviction, and
resilience could create a difference between the two extremes. There is no
substitute for making mistakes along the way and, most importantly, learning
from them.
He expresses, “Success in life is refining
your failures because they are the constant in business and life in general.
But one has to have fun along the way because it’s all about the
journey. If one can’t cry about it, one has to have the ability to laugh
about it.”
Journey to success
Prior to Alertgy, Marc handled different roles
that allowed him to gain valuable experience and several arrows to his quiver.
He pivoted to the healthcare industry
because of a personal tragedy. He found his wife nearly slipping into a
diabetic coma and became unresponsive due to being in a prolonged low blood
sugar state. No doubt, he managed to normalize the condition, but this incident
sparked a fire in his mind. To protect his wife in the future and help others
tackling the same situation, he took the matter into his own hands and marked
the dawn of Alertgy.
Fighting diabetes with Alertgy
Alertgy provides the first non-invasive
wearable continuous glucose monitor and alert system to measure the true blood
glucose. It sets people with diabetes free from thinking about taking glucose
measurements by allowing for fully automated, continuous monitoring with
pre-set alerts for low or high glucose levels, as set by the user. The medical
device and diagnostic industry are constantly growing and changing, with new
technologies being introduced to the market all the time.
Marc adds, “We are entering a new era of
medicine that will be significantly impacted by the incredible growth and
breakthroughs in wearables, cloud-based IoT sensor systems, application of AI
10, and digital health. Our vision is to provide a product and service to save
and improve the quality of life for diabetics and help those that are
borderline diabetics from becoming diabetic.”
Tunneling through every challenge on the
way
In the initial phase of growth, the team
encountered some roadblocks. Initially, they had to determine the correct
placement of their device to maximize their accuracy and reliability over a
long-term period. After this was established, they have focused on sensor
development in order to get the highest quality data and stability within their
device.
Marc mentions, “It is an ever-evolving
process inside our research and development team. We will continue to improve
our device to deliver the highest quality product to our customers when we
begin manufacturing.”
Then COVID-19 pandemic disrupted everything
at a global level. However, Marc and his team smartly tackled the
pandemic.
Everyone has learned that COVID 19 forced
us to change the way we live, communicate, consume, and do business.
Nowhere is this more evident than in healthcare. From the healthcare
provider perspective, digitization of services has come to the forefront
through the use of IoT, wearable diagnostic devices, and enhanced use of AI.
The advent of telehealth with a focus on prevention is the real
game-changer.
Marc states, “We feel that Alertgy is
uniquely positioned to take advantage of the post-COVID-19 world. Our
product DeepGluco is perfectly positioned at the crossroads of digital health,
wearable diagnostics, IoT, and AI that can save the lives of millions of
patients and, more importantly, help control the onset of diabetes among
billions of people worldwide. “
Deploying smart strategies during the
pandemic to push forward
Rather than fighting COVID-19, the team
took advantage of the change. The diabetes monitoring industry is behind the
curve and is ripe to implement Alertgy’s technology to address a major unmet
need in the mature market, a non-invasive, cost-effective digitally-enabled
continuous blood glucose monitor and alert system. Millions of diabetics
throughout the world need an easier and simpler way to manage and monitor their
blood sugar without the pain and hassle that today’s products bring. In the
future, they believe they can reach new industries and customers by applying our
patented technology to many other forms of diagnostics.
They focused on raising funding for their
further development and clinical trials. The team feels that their technology
continues to garner a lot of attention among the investors.
Marc states, “We were asked by NIH to
submit a proposal to develop a device to allow for detection of Covid virus as
this has been identified as a potential application for Alertgy technology.
Alertgy can become a leader in diabetes care and diagnostics and monitoring for
a plethora of diseases and ailments such as COVID 19.”
Life as the CEO of the company
Taking the onus of the CEO of the company,
Marc handles several responsibilities.
He adds, “I am responsible for finding each
person’s strengths, helping them achieve their professional and personal goals,
and providing the vision that is needed to move the company in the best
direction. “
On top of this, he is responsible to his
investors for ensuring a reasonable return on their investment and providing
the hundreds of millions of diabetics a system that will greatly enhance their
quality of life and reduce the worry for their loved ones.
Achieving work-life integration
Marc values his family as he gets his
constant dose of motivation from them. While spreading the roots of the
company, he makes sure that he makes ample time for his family. He loves to
spend time with his wife, children, and grandchildren.
Sometimes, he likes to travel on his own to
refresh his mind and body and get ready for the upcoming challenges.
Future plans for Alertgy
Marc mentions, “We have a unique ability
with our technology to significantly affect the lives of over 90% of the 420
million diabetics in the world population with a way to manage their disease
easily and effectively.”
The team provides them with an effortless
means to measure their blood glucose continuously without the need for invasive
and expensive systems. They will be pursuing an alert and surveillance
application approval for this from the FDA.
Given that 1/3 of the world’s entire
population are borderline diabetics, Marc believes that Alertgy can help them
better manage their lifestyles to keep them from becoming diabetic.
He expresses, “In the future, there is no
limit to what our technology can provide in the way of monitoring and
diagnostics. Published research indicates that our technology has the potential
to track other metabolites and cellular markers within the body for other
diseases that could pave the way for Alertgy to be a premier leader in
diagnostic technology.”