OUR TEAM
LAB 1 WRITE-UP
Health Care Issue
Disease and sickness in infants: heart defects, fever, hypothermia, hypoxia, hyperoxia, hypoglycemia, hyperglycemia, etc..///
We are developing a product to make parents more aware of the status of their baby's health. This product is a pacifier that monitors heart rate, body temperature, oxygen level and blood sugar levels through a mobile app. Through these diagnostics, parents and/or doctors will be able to identify potential diseases or defects.
Sources:
Kopelman, Arthur E., MD. "Overview of Problems in Newborns." Merck Manuals Consumer Version. Merck, n.d. Web. 31 Aug. 2016.
<http://www.merckmanuals.com/home/children-s-health-issues/problems-in-newborns/overview-of-problems-in-newborns>.
CDC. "Infants & Toddlers (Ages 0-3) - Diseases & Conditions." Centers for Disease Control and Prevention. Centers for Disease Control and Prevention, 21 July 2016. Web. 31 Aug. 2016. <http://www.cdc.gov/parents/infants/diseases_conditions.html>.
"Common Infant and Newborn Problems: MedlinePlus." Common Infant and Newborn Problems: MedlinePlus. MedlinePlus, 12 Aug. 2015. Web. 31 Aug. 2016.
<https://medlineplus.gov/commoninfantandnewbornproblems.html>.
Competitors
Known Solution Owlet, Pacif-i
Advantages Owlet: monitors heart rate and oxygen levels in infants, connected to a mobile app, has an independent base station that awares parents of abnormal activity.
Pacif-i: monitors body temperature and medication, connects to a mobile app, has a location feature, multiple Pacif-i's can be connected to the application at once.
Disadvantages Neither products monitor blood sugar nor connects certain data to common infant illness. Our product combines the abilities of both of these products into one device that also expands upon these features.
Sources: "How It Works." Owlet Baby Care. Owlet, n.d. Web. 31 Aug. 2016. <http://www.owletcare.com/how-it-works/>.
"The Thermometer Pacifier for Smartphones | Pacif-i." Pacif-I. N.p., n.d. Web. 31 Aug. 2016. <https://www.pacif-i.io/>.
Customer Validation
Patient Parents with infants and small children; especially parents with young children that have health issues.
Payer Pediatricians, Neonatologists, Family Physicians
Physician Pediatric centers and children's hospitals: Cardon Children's Hospital, Banner Children's Hospital, Phoenix Children's Hospital, etc...
Provider Insurance companies willing to cover the cost of our product: Aetna, Humana, UnitedHealthOne, etc...
Purchaser Abbott Laboratories, Johnson & Johnson, Stryker, etc...
Sources:
Abbott | Global Healthcare & Research." Abbott | Global Healthcare & Research. N.p., n.d. Web. 06 Sept. 2016. <http://www.abbott.com/>.
Johnson & Johnson Family of Companies | Johnson & Johnson." Johnson & Johnson Family of Companies | Johnson & Johnson. N.p., n.d. Web. 06 Sept. 2016. <http://www.jnj.com/>.
Stryker. "What's New at Stryker $55.94 USD NYSE: SYK." Stryker. N.p., n.d. Web. 06 Sept. 2016. <http://www.stryker.com/en-us/index.htm>.
IP Position
Number/Assignee: WO1997020502A1
Title: Saliva Sampling Device
Image: No image available
Summary:A nipple shaped body that absorbs saliva which then can be used for medical testing.
Filing date/Status: 01/12/1995
Number/Assignee: CN2225038Y
Title:Dummy Clinical Thermometer
Image: https://lh3.googleusercontent.com/--BsRjcNtL9M/V8-Ss-x7lDI/AAAAAAAAAAk/0QYwPDCqcMU4ukBnl459z7F9pWHi-i3xACL0B/w258-d-h337-p-rw/patentimage1.png
Summary:A nipple shaped clinical thermometer used for babies.
Filing date/Status: 09/30/1994
Number/Assignee: US5873892A
Title: Thermometric pacifier for infants
Image: https://lh3.googleusercontent.com/-7LyazAYtoCE/V8-TkHXcEJI/AAAAAAAAABA/JULf_KN37XwNnbjIzU5hdhN1LTO58fzXQCL0B/w258-d-h337-p-rw/Untitled.png
Summary: A pacifier that records an infants body temperature through their chin. if the infant has a fever the pacifier will change appearance indicating that the baby has a fever.
Filing date/Status: 09/08/1997
Number/Assignee: FR2694977A1
Title: Body temp. measuring procedure for new born baby- using electronic thermometer to measure and continuously monitor temp. of baby.
Image: No image available
Summary: This device used both a pacifier and bracelet to monitor an infants body temperature. The bracelet insures permanent monitoring as well as over night monitoring. both the pacifier and bracelet include an alarm that alerts parents when temperature is abnormal.
Filing date/Status: 10/15/1991
Sources:
Suhonen, Jouko, and Lamprecht Ag. "French." WO1997020502A1. N.p., n.d. Web. 06 Sept. 2016. <https://patents.google.com/patent/WO1997020502A1/en?q=monitor&before=19960101>.
洪金城, and 邱崑煌. "Chinese." CN2225038Y. N.p., n.d. Web. 06 Sept. 2016. <https://patents.google.com/patent/CN2225038Y/en?q=monitor&before=19960101>
Cohen, Fredie, and Cohen; Fredie. "Thermometric Pacifier for Infants." US5873892A. N.p., n.d. Web. 06 Sept. 2016. <https://patents.google.com/patent/US5873892A/en?q=monitor&before=19960101>.
Mohamed-Cherif, Zerguine, and Zerguine Mohamed Cherif. "French." FR2694977A1. N.p., n.d. Web. 06 Sept. 2016. <https://patents.google.com/patent/FR2694977A1/en?q=monitor&before=19960101&page=1>.
Fundability Worksheet Scores
Competitors 2
Summary: We gave ourselves a 2 for competitors because even though their are several other companies in this market, their are many improvements which can be made to existing products. Our product will improve upon those already in distribution in a way that will make it sought after by customers.
Customer Validation 3
Summary: We gave ourselves a 3 for customer validation because people are very willing to buy new products that will better monitor the health of their child. It will also improve upon existing products in a way that will make customers more interested in buying this product.
IP Position 2
Summary: We gave ourselves a 2 for IP Position because patents will not be difficult to acquire in with this product but no patents are in place currently.
|