Boston University Slideshow Title Goes Here 1 The SmartSleepSock Value Proposition A wearable, low-profile, low-cost device for preventing falls. Description.

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Presentation transcript:

Boston University Slideshow Title Goes Here 1 The SmartSleepSock Value Proposition A wearable, low-profile, low-cost device for preventing falls. Description A sock with pressure sensors underfoot and vibrotactile devices about the calf. The device enables sensory substitution - such that the calf experiences the pressure underfoot Improves balance and reaction time Status Prototypes fabricated and tested (initial data on human subjects available) Business plan and pitch created US Utility application filed on method and apparatus Next Steps: Identify entrepreneur Seek investment Form new entity

Boston University Slideshow Title Goes Here Applications Clarify Potential Use  Specifying the applications for the technology make it easy for potential licensee to understand its applicability to their industry  Applications help to define the target market  If applications are diverse, you may want to create separate NCDs/Quad Charts for specific targets (this allows you to incorporate specific features and benefits targeted to a specific industry)

Boston University Slideshow Title Goes Here Features vs Benefits A Feature or FactBenefit Can be provenShould be specific to a customer’s need Is specificShow a clear value to your customer TrueA reason to buy

Boston University Slideshow Title Goes Here Features vs Benefits  Features don’t automatically communicate associated benefits -Our unique sensor can detect ppm level of NO in % level of O2  Benefits give a reason to buy -The sensors are highly sensitive to specific gases, providing accurate and in-depth diagnostics of pollutants

Boston University Slideshow Title Goes Here The SmartSleepSock Value Proposition A wearable, low-profile, low-cost device for preventing falls. Description A sock with pressure sensors underfoot and vibrotactile devices about the calf. The device enables sensory substitution - such that the calf experiences the pressure underfoot Improves balance and reaction time Lars Oddsson Value Proposition is communicated in the benefit (low-cost, wearable, low-profile)

Boston University Slideshow Title Goes Here Novel Polymers for Viscosupplementation and Bulking Agents Value Proposition Easy delivery, provides proper lubrication, and lasts longer (fewer injections) Description A low cost synthetic polymer A new class of polymers with properties that may lead to longer residence time Can be used to treat osteoarthritis (reduce pain) or as a bulking agent (cosmetics or urinary incontinence) Status Polymer has been produced and mechanical properties tested Initial cytotoxicity tests have been completed PCT patent application pending Next Steps: Start-Up company (Flex Biomedical) established 11/07; seeking 1 st round of VC funding

Boston University Slideshow Title Goes Here Semiconductor Nanosensor Arrays Description: Nanosensor arrays built with semiconductor methods that provide manufacturable sensors. This method is less expensive, portable, faster, measured in real-time and has large-scale manufacturability over traditional optical detection methods. Target for Coulter funding is breast cancer; platform technology that can be used for many applications. Clinical need: More than 1.1 million cases of breast cancer are diagnosed each year. Detecting the unique “biomarker fingerprint” for breast cancer tumors can help lead to a specialized and more effective course of treatment. Status: PCT filed in November, 2007 covering the sensor platform. Launch Award received from Office of Technology Development Proof of principle completed in multiple platforms. Next Steps: Design and fabrication of breast cancer biomarker specific arrays. Detection of serum biomarkers. Ninth Sense, Inc. formed; seeking initial funds including VC, SBIR or STTR funding. Contact: Shyamsunder Erramilli, Ph.D.; ; Shyamsunder Erramilli, Boston University & Carol Rosenberg, BU Medical Center Value Proposition: Low cost, high sensitivity and specificity arrays that can provide patient-specific therapy

Boston University Slideshow Title Goes Here Osteoarthritis Knee Brace Value Proposition A soft good with the performance of a rigid brace Low profile, light weight, ease of use, attractive gross margin, easy to manufacture Description Pneumatic knee brace (inflatable air-bladder maintains a constant force to counteract the adduction moment throughout the full range of motion of the knee) Status Modeling complete Prototype fabrication complete Provisional patent application pending Next Steps: Impact analysis on existing businesses; visit to DJO scheduled for 2/08. Renewal application submitted to test prototype in a gait lab.