Open Source Health Announces Appointment of Patient Advisory Board to Design Precision Medicine for Women’s Health

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Toronto, Ontario, Canada – July 14, 2016: Open Source Health Inc. (CSE:OSH), (Frankfurt:0OS), a cloud based precision medicine platform that puts control into the hands of women to educate, advocate and collaborate on their own healthcare is pleased to announce the appointment of a 10 person Precision Medicine Patient Advisory Board.

“Involving patients in the design of every aspect of their Precision Medicine care is revolutionary,” says Sonya Satveit, CEO of Open Source Health Inc., “Women with PCOS have been underserved in healthcare for a long time, and now for the first time, we have brought them to the forefront of innovation to trail blaze a new path to optimal health. Precision Medicine is the next paradigm shift in healthcare and it’s exciting to have an amazing group of women involved as we create a new standard of care.”

With the help of this advisory team OSH is reimagining the way healthcare will be delivered to women. Patients are critical stakeholders that have traditionally been left out of healthcare decisions, by truly empowering them in healthcare with precision medicine means patients no longer have to wait for 17 years from research publication to clinical adoption. A one-size-fits-all approach to healthcare is giving way to individualized care and in order to meet the demands of precision medicine a completely new digital delivery system is required. The myAva platform is taking the lead as the first women-centric digital healthcare platform to deliver precision medicine.

“Being on the forefront of precision medicine as a patient, and potentially on the forefront of groundbreaking PCOS discoveries, is such an exciting place to be. The information we can uncover about PCOS by being the first to participate in a Precision Medicine Program for PCOS, the steps we can take to form the basis of integrative and precision medicine as an emerging system, will not only be a force of change in our lives, but I know it will prove beneficial for everyone in the PCOS community – patients and doctors alike,” says Jo Lynn Mahan, a member of OSH’s newly created Patient Advisory Board, “Data like this has never been collected, a Patient Advisory Board like this has never been done. We are pioneers for the future of Precision Medicine and, in fact, for women’s health. I am honored to be a part of this incredible group of women.”

Each member of the Advisory Board will be granted 10,000 stock options priced at $0.12 with an expiry date of June 20, 2026 in accordance with OSH’s Stock Option plan.

In addition, further to its news release of June 13, 2016, OSH has completed its previously announced private placement.

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a cloud based, real-time precision medicine platform to Clinics and Practices that focus on Women’s Health. Open Source Health Inc. is leading the digital transformation of healthcare by leveraging the latest trends in digital health, precision medicine, molecular medicine, integrated and personalized health, social health and participatory medicine. This is medicine for the 21st century.

For more information, visit www.opensourcehealth.com

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933 in North America

International Calling: +01.647.872.9986
http://www.opensourcehealth.com/contact-new/

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and OSH does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Open Source Health Announces Closing of Private Placement and Debt Settlement

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Toronto, Ontario, Canada – June 13, 2016: Open Source Health Inc. (CSE:OSH), (Frankfurt:0OS), a cloud based precision medicine platform that puts control into the hands of women to educate, advocate and collaborate on their own healthcare is pleased to announce that it has completed a private placement for gross proceeds of $170,000 (the “Offering”) through the issuance of 1,133,333 units (the “Units”) of the Company at a price of $0.15 per Unit. Each Unit is comprised of one common share (a “Common Share”) and one common share purchase warrant (a “Warrant“). Each Warrant entitles the holder thereof to acquire one additional Common Share of the Company exercisable for a period of 24 months from the closing of the Offering at an exercise price of $0.30 per Common Share.

In connection with the Offering, the Company has agreed to issue 250,000 Common Shares to RAMPartners S.A. (the “Agent”) for providing capital raising placement agent consulting services pursuant to a Capital Raising Placement Agent Agreement entered into between the Company and the Agent.

In addition, the Company also announces that it has agreed to settle an aggregate of $7,100.68 of indebtedness owed to an arm’s length creditor through the issuance of 47,338 common shares in the capital of the Company at a deemed price of $0.15 per common share.

All securities issued are subject to a hold period until October 7, 2016 pursuant to applicable securities laws.

 

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a cloud based, real-time precision medicine platform to Clinics and Practices that focus on Women’s Health. Open Source Health Inc. is leading the digital transformation of healthcare by leveraging the latest trends in digital health, precision medicine, molecular medicine, integrated and personalized health, social health and participatory medicine. This is medicine for the 21st century.

For more information, visit www.opensourcehealth.com

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933 in North America

International Calling: +01.647.872.9986
http://www.opensourcehealth.com/contact-new/


 

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

 

The forward-looking statements contained in this press release are made as of the date of this press release, and OSH does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

Open Source Health announces launch of the first Women’s Precision Medicine Platform in Atlanta, USA

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Toronto, Ontario, Canada – June 9, 2016: Open Source Health Inc. (CSE:OSH), (Frankfurt:0OS), a cloud based precision medicine platform that puts control into the hands of women to educate, advocate and collaborate on their own healthcare is pleased to announce the launch of the myAva Precision Medicine Platform with it’s first cohort of women in Atlanta, GA.

“After 2 years of development we are finally set to deliver precision medicine to women with PCOS” says Sonya Satveit, CEO of Open Source Health Inc. “By providing an in-depth molecular insight of each woman, myAva will help achieve a new understanding of PCOS and has the potential to provide precision treatment programs customized to each woman’s unique molecular makeup.”

OSH has partnered with Medici Medial Arts – Center for Integrative Medicine and will work with their integrative healthcare team to deliver precision medicine to women in the Atlanta area.

The first use case for the myAva Precision Medicine platform is to support PCOS Precision Medicine by creating “digital version of each woman” based on her molecular makeup, biometric data, clinical evidence combined with the latest scientific knowledge. This digital version of each woman will contain molecular level information such as genetic information, blood proteins and metabolites, gut and vaginal microbiome, vital signs and biometric data collected from wearable technology (e.g., heart rate, activity levels, sleep patterns), self-reported data such as quality of life and environmental conditions. This data will be integrated and analyzed using computational biology approaches cross-referenced with the latest scientific and clinical findings to objectively characterize health status and to identify potential transitions from health to disease using various molecular metrics. Participants will receive regular analysis and consultation with a healthcare professional to interpret data and discuss options to maintain a healthy state and/or to match therapy to the particular disease state they may have or be trending towards. myAva will produce a personalized health dash board that highlights actionable items and tracks progress towards optimal health in real time.

The myAva platform will be offered to medical clinics that focus on women’s health on a “per patient” subscription basis. myAva will integrate into the current EHR (Electronic Health Record) systems in use by the clinic effectively adding precision medicine to the installed base of EHRs.

Additional revenue from product and service sales and a percentage of all provider billings through the system are also included in the revenue model. OSH estimates revenue in the $2,000.00 – $3,000.00 USD per patient annually. OSH expects each clinic will be able to support 3,000 to 5,000 PCOS patients annually using the myAva platform. There are 7 million women with PCOS in America today with global prevalence rates affecting from 10% – 20% of women. For example India is experiencing some of the highest prevalence rates today exceeding 20%.

OSH plans to add additional clinics later in 2016.

 

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a cloud based, real-time precision medicine platform to Clinics and Practices that focus on Women’s Health. Open Source Health Inc. is leading the digital transformation of healthcare by leveraging the latest trends in digital health, precision medicine, molecular medicine, integrated and personalized health, social health and participatory medicine. This is medicine for the 21st century.

For more information, visit www.opensourcehealth.com

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933 in North America

International Calling: +01.647.872.9986
http://www.opensourcehealth.com/contact-new/

 

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and OSH does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

OSH Announces Dr. Fiona McCulloch, Integrative Medicine & PCOS Expert to the Advisory Board

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Toronto, Ontario, Canada – June 2, 2016: Open Source Health Inc. (CSE:OSH), (Frankfurt:0OS), a cloud based precision medicine platform for women that puts control into the hands of women to educate, advocate and collaborate on their own healthcare is pleased to announce that Dr. Fiona McCulloch, has joined the advisory board of OSH.

“As one of North America’s top PCOS experts and as a woman with PCOS herself, Dr. Fiona McCulloch understands the impact of PCOS better than anyone,” says Sonya Satveit, CEO of Open Source Health Inc. “She is a well respected member of the large PCOS community and I couldn’t be more thrilled to have her join our team of Advisors.”

“By shining this bright light on PCOS, using precision medicine to inform each woman’s care with evidence-based integrative treatments, OSH is finally giving hope to the PCOS community,” states Dr. Fiona McCulloch, “This is the kind of attention the PCOS Community has been waiting for and I am so excited to be a part of it.”

As an expert member of our Advisory Board, Dr. Fiona McCulloch will help guide the development of our Precision Medicine PCOS Program. One of the most underserved of all women’s health issues globally, Polycystic Ovary Syndrome (PCOS) is the leading cause of infertility. PCOS affects approximately 10% of women in North America, yet half are undiagnosed. Approaching this complex syndrome at the molecular level will help us achieve a new understanding of PCOS and for the first time will deliver a personalized approach based on each woman’s individual circumstances.

OSH has granted Dr. McCulloch 100,000 stock options for her participation on the Advisory Board.

About Dr. Fiona McCulloch:

Dr. Fiona McCulloch’s clinical focus is on PCOS, Infertility, Gynecology, Autoimmune Disease and Thyroid Health. She has treated thousands of female and male patients for fertility concerns and has designed unique, groundbreaking natural fertility and IVF support programs. Dr. Fiona has a special interest in disorders of insulin resistance, and immune-endocrinology (the connection between the endocrine and immune systems).

Dr. Fiona has published several major articles in NDNR one of the leading journals for naturopathic doctors and other publications for health professionals. Her popular research-based blog receives a monthly readership of 30,000 per month. Dr. Fiona’s book on the treatment of Polycystic Ovary Syndrome – “8 Steps To Reverse Your PCOS” will be published on September 20th, 2016. Dr. Fiona is the Naturopathic Doctor advisor to IVF.ca Canada’s premier online fertility community. As a woman with PCOS herself, she is passionate about health education for women with this disorder, and holds a position on the medical advisory committee of the PCOS Awareness Association.

She lectures to naturopathic doctors and integrative medicine clinicians through various professional associations and to students at the Canadian College of Naturopathic Medicine on topics in her areas of expertise. As a strong proponent of evidence-based natural medicine, Dr. McCulloch peer-reviews for Natural Standard, an international research group affiliated with Harvard Medical School.

She is a member of The American Society for Reproductive Medicine, Ontario Association of Naturopathic Doctors, and the Canadian Association of Naturopathic Doctors. She is the only Naturopathic Doctor in Canada who is a member of The Fertile Soul and is part of a close network of specialized fertility practitioners including  Dr. Randine Lewis (Author of The Infertility Cure).

Dr. Fiona is a graduate of the Canadian College of Naturopathic Medicine (2001) and the University of Guelph (Biological Science). She is also a Registered Acupuncturist.

Clinical focus and special interests

As Founder of White Lotus Integrative Medicine Dr. Fiona has worked with thousands of people seeking better health over the past 15 years. She is committed to health education and advocacy, empowering her patients with the most current information on health topics and natural medicine therapies with a warm, empathic approach.

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a cloud based, real-time precision medicine platform to Clinic that focus on Women’s Health.. Open Source Health Inc. is leading the digital transformation of healthcare by leveraging the latest trends in digital health, precision medicine, molecular medicine, integrated and personalized health, social health and participatory medicine. This is medicine for the 21st century.

For more information, visit www.opensourcehealth.com

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933 in North America

International Calling: +01.647.872.9986
http://www.opensourcehealth.com/contact-new/

 

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and OSH does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

OSH Announces Appointment of Jim Fairbairn and Carole Staveley to the Board of Directors

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Toronto, Ontario, Canada – May 10, 2016: Open Source Health Inc. (CSE:OSH), (Frankfurt:0OS), a cloud based precision medicine platform that puts control into the hands of women to educate, advocate and collaborate on their own healthcare is pleased to announce that Mr. James Fairbairn and Carole Staveley have been appointed to the Board of Directors of the Company.

“I am delighted to have Mr. Fairbairn and Ms. Staveley join the Board of OSH to provide their expert guidance as we enter the growth stage and launch the myAva platform in Atlanta,” says Sonya Satveit, CEO of Open Source Health Inc.

OSH has granted each Director 25,000 stock options as part of the standard board compensation approved by the shareholders.

OSH would also like to thank Mr. Mike Volker for his services to the Board of Directors and accepts his resignation effective immediately.

About Mr. James Fairbairn:

Mr. Fairbairn graduated from the University of Western Ontario and received his Chartered Accountant designation in 1987. He received his Institute Certified Director Designation (ICD.D) in 2009.  Mr. Fairbairn has worked as a consultant almost exclusively in the resource and technology industry and has served as a senior officer and/or director and Chairman of the audit committees of a number of public and private companies.

About Ms. Carole Staveley:

Ms. Staveley is President of Inner Victory Coaching, an organization she founded to empower others to become their own Health Champions and reach their full potential.  Inspired by the possibility of helping others to shorten their suffering time and reach their full potential, Ms. Staveley authored two books. Her latest one, Conquer Your Pain in 9 Steps (Influence Publishing 2015), takes you through her proven 9-step Health Champion approach to suffering less and achieving more. Ms. Staveley’s background as a leader in the health field includes 20 years of management experience in the pharmaceutical industry. She holds a B.Sc. in Biochemistry from McMaster University and a Masters in Business Administration from York University’s Schulich School of Business.

 

 

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a real-time integrative healthcare solution for women in an open source architecture. Open Source Health Inc. is leading the digital transformation of integrative and preventative health by leveraging the latest trends in digital health, personalized health, social health and participatory medicine.

For more information, visit www.opensourcehealth.com

 

Contact:

For further information, please contact Investor Relations at Open Source Health Inc.
Toll Free: 1.866.403.1933 in North America

International Calling: +01.647.872.9986
http://www.opensourcehealth.com/contact-new/

 

Forward Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Open Source Health Inc. (“OSH”), including, but not limited to, the impact of general economic conditions, industry conditions and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release, and OSH does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

U.S. Funding for Digital Healthcare Start-Ups Expected to Reach $6.5 Billion by 2017, According to Accenture

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News via The FINANCIAL, Saturday, September 27, 2014.

The FINANCIAL — Driven by evolving consumer expectations, start-up funding for digital healthcare, such as telehealth or wearable technology, is expected to double in the United States over the next three years, growing from $3.5 billion in 2014 to $6.5 billion by the end of 2017, according to new research by Accenture.

Read the The FINANCIAL article here

Open Source Health’s CEO Sonya Satveit on CTV Morning Live – July 23, 2014

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40% of Women cannot identify Maternal Mood Disorders in a recent Canadian survey

Toronto, Canada – July 22, 2014: Open Source Health Inc. (CSE:OSH), a cloud based patient engagement system that puts control in the hands of women to Educate, Advocate and Collaborate on their own healthcare. Sonya Satveit, Founder and CEO of Open Source Health Inc. will be appearing on CTV Morning Live – Ottawa, Wednesday, July 23, 2014 to open up the conversation about maternal mental health.
“Perinatal Mood Disorders, commonly referred to as Postpartum Depression, refer to a group of disorders yet, unfortunately, according to new Canadian data, 40 per cent of women could not recognize the full spectrum of mood disorders associated with pregnancy.” says Sonya Satveit, Founder and CEO of Open Source Health Inc. “This points to an obvious need for greater awareness surrounding all of the associated disorders – not just depression.”
As a woman who suffered from perinatal mood disorder, Sonya Satveit, a women’s health advocate and author of the popular Hormone Soup website, will shed light on the disconnect between the number one complication of pregnancy and the need for greater awareness and screening. Satveit encourages women to become empowered by speaking up against the fear and shame surrounding perinatal mood disorders and becoming informed advocates in their own health.

About Hormone Soup:
Hormone Soup (www.hormonsoup.com) is a women’s hormone health website where Founder and President, Sonya Satveit publishes her story and research. As an empowered patient and women’s health advocate she has touched women with her story in over 100 countries. These women and their similar health struggles helped inspire the creation of the Integrative Healthcare platform within Open Source Health. Sonya continues to publish her stories with the hope that this information may make a difference in women’s day-to-day lives.

About Open Source Health Inc.:
Open Source Health takes a truly patient-centered approach and is in the business of providing a real-time integrative healthcare solution for women in an open source architecture. Open Source Health Inc. is set to lead the current healthcare revolution by leveraging the latest trends in digital health, personalized health, social health and participatory medicine.
For more information, visit www.opensourcehealth.com

Welcome Heather Heaman to the Board of Directors

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Heather Heaman (CBI Home Health) brings her extensive industry experience to Open Source Health’s Board of Directors

Toronto Ontario, Canada – March 24, 2014: Open Source Health Inc., (“Open Source Health” or “the Company”) (CSE: “OSH”) a digital integrated healthcare company dedicated to advancing life-long solutions for women’s health and wellness, announces that it has appointed Heather Heaman to its Board of Directors. Effective immediately, John Garden has resigned as a director of the Company.

“I’d like to thank John Garden for his service and guidance on behalf of the Board,” said Sonya Satveit, CEO of Open Source Health. “John’s involvement was instrumental in getting us through the public listing process.”

Newly appointed, Heather Heaman, was formerly President of Heaman Communication Services, a private Speech-Language Pathology practice that was acquired by CBI Home Health in June of 2013. Ms. Heaman continues her leadership role as Director of Operations with CBI Home Health, and brings her extensive experience in patient services, risk management, performance improvement and strategic directions to Open Source Health.

Heather brings years of leadership, entrepreneurship and medical services experience to our board,” said Sonya Satveit, “Heather has incredible strategic insight, and we look forward to working with her as we grow shareholder value.”   Heather Heaman commented, “I am delighted to join the Board of Directors of Open Source Health and am looking forward to working with such an exceptional team. I believe the work that the Company is doing will change the healthcare landscape, and their platform will be a huge win for female patients.”

The Board of Directors of Open Source Health Inc. now consists of Gary Bartholomew, Executive Chairman; Sonya Satveit, CEO; Eric Leslie, President of Merchant Equities Capital Corp. and newly elected Heather Heaman.

About Open Source Health Inc.:

Open Source Health takes a truly patient-centered approach and is in the business of providing a real-time integrative healthcare solution for women in an open source architecture. Open Source Health is set to lead the current healthcare revolution by capitalizing on the latest trends in: digital health, personalized health, social health, mobile health, and participatory medicine. For more information, visit www.opensourcehealth.com

Open Source Health’s Vision for the Future of Healthcare

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Open Source Health imagines women’s health care differently.

We imagine a world where women are in total control of their healthcare. In this new integrative model, women come to an online platform and they consult with the doctors and complementary health specialists of their choice. They have quick access to the information they need to map their health and wellness plan, and if they want to browse, learn and have their questions answered, they can do it all in one place.  They are sent personalized news that is curated for them, based on their profile, their test results, and it’s even delivered in a way that makes sense based on their level of medical expertise. They easily find up-to-date research that applies to their particular symptoms, and they have access to the best care available from the comfort of their homes.

These proactive patients skip the long wait at the doctor’s office while they purchase in-home test kits, upload their results and receive expert advice on next steps. Some will choose to go through a health program, and they will learn how to achieve the best possible results within their brick-and-mortar healthcare system. Women can choose to share their records and files with their family doctors, or their naturopaths; and they can interact with a support network of women who understand exactly what they have been going through. Each patient can interact with the Open Source platform in a way that makes the most sense to her needs – the choice is hers-  and she is given the tools that she needs no matter what path she decides to take.

We are building this platform, because we believe that a women’s specific healthcare platform is long overdue. We know that your symptoms matter, and we want to put you in touch with the doctors and experts that agree with you.

Open Source Health Inc. names Fred Trotter as Chief Operating Officer

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Toronto, Canada – February 20, 2014: Open Source Health Inc. (CSE:OSH) a digital integrated healthcare company dedicated to advancing life-long solutions for women’s health and wellness is pleased to announce the appointment of Fred Trotter as Chief Operating Officer (COO). Fred has served as an advisor to Open Source Health since December 2013.

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