Patent for Sale:A Disruptive Technology for the Infusion Pump Market
The pump’s advantages include:
• The ability to infuse up to four drugs with one device
• The opportunity to combine this technology with another startup company that is for sale to provide the first 4th generation infusion pump that verifies the drug within the tube set.
• Reduction in the number of tubing sets – only one set needed for up to four drugs
• Reduction in the chance for error with only one device to program and a single device knows all drugs being infused.
• Battery life of up to seven days or 3 liters infused, possible due to battery conservation from transmission patent.
• Wide speed range transmission in a small size, allowing for greater portability
• Anti-free-flow valve that doesn’t need operator training or intervention to provide greater patient safety
The market is requesting new devices to lower their morbidly and error rates as well as perform the expanded uses of infusion pumps. Approximately 750,000 patients per year are seriously harmed by infusion pumps because one of the 5 “rights” of infusion is missing:
The right medication
The right dose
The right time of delivery
The right medication route (pump type)
The right patient
Our pump addresses all these “Rights” and would be the first 4th generation infusion pump. For the first time the pump will verify that the drug inside the delivery tube is what was requested. This feature would be unique to all the existing pumps.
Advantages of Acquiring Patents
• Unique opportunity to purchase a 4th generation design for a fraction of the development cost and a several year reduction in time to market.
• Broaden patent portfolio within this market segment
• Can enable an infusion pump that has superior features at 1/3 the typical product manufacturing cost.
• Can improve the design of current projects using the transmission and valve technology.
• Ability to develop our pump with an existing design team that will not dilute existing projects.
• Can improve the design of current projects using the transmission technology
• The devices currently in the market were designed 15 / 20 years ago, with only software and repackaging updates.
Primary Application of the Technology
The Problem Solved by the Technology
How the Technology Solves the Problem
The valve patent enables a single, small, low cost, battery efficient motor to operate multiple valves in any sequence. Current devices use multiple actuators for each valve. Additionally this valve system allows a single delivery line from the pump to the patent. This reduces tube set preparation time, tube set complexity at the patent arm site, and reduces operator error which is a major source of device error currently.
Comments on Deal Structure, Potential Terms and Restrictions
The seller may consider selling these patents individually.
Frequently Asked Questions
The pump may be operated as a single drug pump or up to 4 drugs.
The valves maybe operated in any sequence and do not require an order to where drugs are attached.
The rate of each drug may be changed at any time without affecting the other drugs.
• Employs a patented valve system that enables the device to deliver from one to four drugs sequentially, intermittently, or simultaneously.
• Employs a proprietary drive system with a dynamic volumetric delivery range from 0.1 – 1000 ml/ hr @ +/-5% accuracy.
• Capable of delivering fluids from liter bags, mini-bags, or 5cc to 60cc syringes.
• Drug sensor that verifies the drug inside the tube set is what was programed.
• Internal drug library as well as user configurable library.
• The most reliable free-flow protection of any pump on the market.
• Programmable by the color touch screen, internal bar code reader, or ERH and wireless connectivity.
• Small enough to fit into a shirt pocket and weighs less than 2 ½ pounds.
• Intuitive tube set interface, low training requirements.
• Proximal and distal occlusion detection.
• Air in line sensor with user configurable limits.
• Capable of running on battery power for up to seven days or delivery of three liters of fluid.
Class 137: Fluid Handling
Fluid material handling, and takes processes, systems, combinations, subcombinations and certain elements pertaining thereto not otherwise classified. Fluid materials include gas and liquids primarily, but the handling of other flowable materials, as fluent granular solids, is also found. Handling of fluent material by flow, as by confining, directing, causing and/or controlling the flow, and includes making the material available for flow or separating a smaller from a larger body of fluid material, as by tanks, containers, receivers, traps, etc., or pipes or conduits, with or without siphons, pumps, pressure or displacing fluids or other flow imparting means.Subclass 595: With common valve operator
Subclass 636: With selective motion for plural valve actuator
Subclass 636.1: Oppositely movable cam surfaces
Class 251: Valves And Valve Actuation
Means for regulating flow of a fluid through a passage, either by closing the passage or restricting it by a definite predetermined motion of the closing-element, that are of general application not otherwise provided for.Subclass 7: Perpendicularly reciprocating tube contacting element
Subclass 9: Pivoting tube contacting element
Class 417: Pumps
This is the general class for the pumping of fluids, and includes the pumping of slurries, fluent material and the like if handled in a manner not inconsistent with the handling of fluids. A pump is defined as means to move a fluid by taking it from one place or location and moving it to another place or location different from whence it came, the pump, therefore having an inlet and an outlet for the pumped fluid which are separate and distinct. The pumping of the fluid is generally accomplished by action thereon of a mechanical member (eg. piston) or by contact or entrainment with another fluid (eg. jet pumps). Also, the pumping may be accomplished by the direct action on the pumped fluid of an electric or magnetic. This class is the residual home for the formation of a vacuum in an enclosed space by a gettering action; a getter being a material which when placed in an enclosed space reduces the gas or vapor content of the space either by a chemical or physical action. Also, included are those devices and processes in which the fluid is ionized to permit or enhance the gettering action. These devices are often termed "getter-ion pumps".Subclass 442: Selectively usable plural inlet or outlet distributors for single chamber
Class 604: Surgery