BME100 f2016:Group4 W8AM L2

BME 100 Fall 2016	Home People Lab Write-Up 1 | Lab Write-Up 2 | Lab Write-Up 3 Lab Write-Up 4 | Lab Write-Up 5 | Lab Write-Up 6 Course Logistics For Instructors Photos Wiki Editing Help
OUR TEAM Name: Nathalie Nunez Name: Manta Parmar Name: Danielle Morelan Name: Mark McPherson Name: Shannon Medovich Name: Your name LAB 2 WRITE-UP --This device is used for patients who want to know if they have Lyme's Disease. To use it, a doctor will take a blood test of the patient, then put the blood into the test tube. A liquid in the cylinder part of the device will then be released into the test tube. The liquid causes the enzymes of Lyme's Disease to clump together, so once the test tube is centrifuged, if there is clumping in the blood, the test is positive for Lyme's Disease. If there is no clumping, the test is negative for Lyme's Disease.-- Technical and Clinical Feasibility Technical Feasibility a. What are the technologies needed? -Syringe, test tubes, Storage for liquid, lyme detecting chemical b. What are the challenges? -Making the lyme detecting chemical c. What could go wrong? -Lyme detecting chemical does not function properly Clinical Feasibility a. Will it work in the clinic? -Yes b. What are the clinical risks? -Blood borne pathogens from dirty needles c. Have similar products been in a clinical trial? How long was the trial? -No Market Analysis Value Creation It creates value by preventing more serious stages of lyme disease. Manufacturing Cost -Syringe: $2 -Test Tube plus cork: $0.75 -Storage compartment above test tube: $0.50 -Antibody Serum:$25 Total Cost of Human Juice Extractor: $28.25 One time cost Research: $400,000 Sales Price The average cost for a Western Blot Lyme Disease is $380. Our design is efficient enough to bring the price down as well as provide profit. Our cost will be $350/test A minimum of $103,600,000 annually http://www.walkinlab.com/infectious-disease-tests/lymediseasewesternblotbloodtest.html "Lyme Disease Western Blot Blood Test." - Infectious Disease Blood Tests. N.p., n.d. Web. 14 Sept. 2016. Market Size -All ages 0-90 -Significant stressor in children ages 0-15 -Tends to affect boys/men more so than women until old age -296,000 - 376,000 cases of lyme per year http://www.cdc.gov/lyme/stats/humancases.html "How Many People Get Lyme Disease?" Centers for Disease Control and Prevention. Centers for Disease Control and Prevention, 2015. Web. 14 Sept. 2016. Fundability Discussion Technical Feasibility: 2 Our design is very simple, inexpensive and easy to produce. However some research is required, but it is a reasonable price. The profit will still be a minimum of 130 million. Clinical Feasibility: 2 This is possible as it can already be detected, but improvements in detection speed will require some special expertise and research.