|
Boston
Business Journal - April 14, 2011
Sleep
quality focus for Mass. businesses
Boston Business Journal
Americans
are exhausted, and Massachusetts-based companies are here to help
and cash in.
Rising stress, late-night
technology use and obesity are conspiring to erode both the duration and
quality of our sleep. Growing evidence poor sleep contributes to serious
health issues is driving consumers and businesses to take rest more seriously.
Sleep solutions run
the gamut, from drugs and devices to clinical interventions and consumer
products, and local companies are exploring every corner of the industry.
In terms of
breadth and depth, we probably have the biggest cluster here in Boston,
Dr. Charles Czeisler, director of the Division of Sleep Medicine at Harvard
Medical School, said. Harvards division includes 100 physicians,
the largest of its kind in the country, and many of those doctors are
called upon to aid in company research, Czeisler said.
One of the key
reasons were growing quickly is that studies have shown significant
links between poor sleep and diabetes, cardiovascular disease and hypertension,
Paul Valentine, CEO of Boston-based Sleep HealthCenters, said. If you
complain to your doctor about sleep problems, you may find yourself covered
in electrodes at one of Valentines locations around the state, for
an overnight sleep study. The company, launched in 1997, operates 25 centers
in Massachusetts, Rhode Island, Connecticut and Arizona, including two
opened in 2010. The company booked $30 million in revenue in 2010, up
from $20 million three years ago. The companys newest venture is
working with businesses and their wellness programs to address sleep health
issues, particularly in diagnosing sleep apnea. Its largest deal to date
is with Gordon Trucking, Inc. which has 1,500 truckers across the country.
Gordon is really
ahead of the curve here, but the trucking industry is beginning to move
in this direction because national regulations may soon require screening
for sleep apnea, Valentine said. The U.S. Centers for Disease Control
reported last month that drowsy driving has been responsible
for an estimated 1,550 fatalities and 40,000 non-fatal injuries annually
in the U.S.
Valentine said the
company is seeking deals in other industries, such as air traffic controllers,
where sleep can be a matter of life and death, but also entering alliances
with companies across the spectrum where better sleep may boost productivity.
Many of those patients
who are found to have sleep apnea will be directed to use CPAP
continuous positive airway pressure devices. Philips Healthcare,
based in Andover, markets CPAP machines as part of its Home Healthcare
Solutions division. Philips has projected market growth of 8 percent to
10 percent for sleep products.
The incidence
of sleep apnea has just about doubled since 1993, Dr. David White,
chief medical officer for Philips Home Healthcare Solutions, said. White
says the biggest culprit is obesity, which accounts for about three fourths
of cases. But he says not all sleep apnea is the same, and learning how
to treat patients individually is the key to future management of the
disease. White has so far identified at least four different characteristics
that can cause sleep apnea, and Philips is at work designing a device
that can phenotype sleep apnea patients into different groups.
White has found a certain group of sleep apnea patients can benefit from
taking just oxygen, which does not require bulky masks. Another group
improved symptoms significantly by simply taking Lunesta, a sleep drug
made by Marlborough-based Sunovion Pharmaceuticals, Inc., which is now
owned by Japanese drug maker Dainippon Sumitomo Pharma.
Asked if this strategy
would hurt sales of Philips CPAP devices, White said, If CPAP
becomes obsolete, we want to be the ones to do it.
The sleep crisis extends
beyond those with documented sleep disorders, doctors say. Experts blame
stress and late-night technology use, since light emitted from screens
can disrupt circadian rhythms.
A consumer product
called Zeo Personal Sleep Coach, made by Newton-based Zeo, Inc., is designed
to help people fight sleep-robbing habits. A headband equipped with sensors
measures sleep quality using brainwave activity and muscle tone. Users
then receive a so-called ZQ score that allows them to track
sleep quality over time.
An online coaching
component makes suggestions about how to improve sleep quality, like not
drinking too much wine, or installing room-darkening shades. The company
was co-founded by Ben Rubin in 2003, when he was a student at Brown University.
To date, the 25-person company has raised $26 million in venture capital,
and Colin Angle, CEO of Cambridge-based iRobot, is on the companys
board.
Rubin would not disclose
his companys revenue. Zeos product is available through Amazon.com,
and Rubin is in talks with Best Buy, a new investor in the company, about
selling the Personal Sleep Coach in its stores. Rubin says the key to
reversing the trend toward sleep-deprivation is changing peoples
attitudes about the benefits of sleep.
We now live
in a society where people say, Ill sleep when Im dead.
See all your followed
company news on your personalized dashboard.
To access the full
benefits of bizWatch and receive a weekly email with aggregated news on
all the companies you are following, please provide your email address
below.
|