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biodesign.stanford.edu/challenge Who (organizers): ssb.stanford.edu otl.stanford.edu bdn.stanford.edu.

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Presentation on theme: "biodesign.stanford.edu/challenge Who (organizers): ssb.stanford.edu otl.stanford.edu bdn.stanford.edu."— Presentation transcript:

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2 biodesign.stanford.edu/challenge

3 Who (organizers): ssb.stanford.edu otl.stanford.edu bdn.stanford.edu

4 Medical Device Invention Challenges

5 Invention Challenges - purpose: To stimulate medical technology innovation at Stanford using real-world problems Participants experience the process of innovation & learn basic issues of biomedical technology development

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7 Invention Challenge #1: Can You Invent a Better Approach to Anastomosis? Invention Challenge #1: Can You Invent a Better Approach to Anastomosis? USPT0: 60/136707

8 The Problem: Repair and replacement of the arthritic knee joint is difficult due to limited access and poor visualization. People who have total knee replacement must decrease their activity level and face re-operation as the prosthetic knee will degrade over time. The Challenge: Invent a minimally invasive approach to diagnose or treat osteoarthritis of the knee joint. Your invention should ultimately result in faster recovery time, easier and more cost effective rehabilitation and have the potential to allow patients to return to greater activity.

9 USPT0: 60/202276

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11 Invention Challenge #4 “Medical Device for Biologic Detection or Monitoring” Develop device for the detection and/or monitoring of biologic factors. Your approach can be remote, implantable, wireless, interface with the Internet, etc. The monitoring, sensing or detection activity should aid in the prevention, diagnosis or monitoring of a biologic condition.

12 Examples… SenseWear Armband (BodyMedia) Sports Performance Sensors gather data for: movement, heat flow, galvanic skin response. www.bodymedia.com

13 Examples… SmartAid (Battelle) Wound care Vital sign monitoring Real-time therapeutic delivery www.battelle.org

14 Examples… Breast Self Examiner (Parsons School of Design) In-home mammography system Self exam > transfer data to a communication device > info transmitted to MD

15 Markets Consumer collect, store, process, transmit, present physiological & lifestyle data: –Calories burned –Activity level (metabolism) –Sleep states Clinical devices used in hospitals, clinics by healthcare providers Biological warfare detection/antiterrorism and military (battlefield medicine, detection)

16 Resources Popular and scientific literature –Scientific American, Science, Nature, New England Journal of Medicine Patent resources –US Patent & Trade Office www.uspto.govwww.uspto.gov –“Patent It Yourself” –OTL http://otl.stanford.edu (for inventors)http://otl.stanford.edu

17 Judges Dennis Fernandez (Fernandez & Assoc.) Peter Fitzgerald, MD, PhD (Chair, Cardiology, EE) Raman Khanna (Diamondhead Ventures) Jonathan Root, MD (U.S. Venture Partners) Mark Zdeblick (Spring Ridge Ventures)

18 Evaluation Criteria Innovation Practicality Ease of Use Economic Impact Likelihood of Commercialization

19 Evaluation Criteria - INNOVATION 1.Is this a truly novel approach to the problem? 2.Does the proposal show a thorough understanding of related principles and prior work? 3.How does the proposal compare against known products. Cite specific strengths & weaknesses

20 Evaluation Criteria - PRACTICALITY Is the proposal reasonable in terms of engineering and manufacturing?

21 Evaluation Criteria – EASE OF USE Would the intended user (healthcare professional or consumer) be able to use the device?

22 Evaluation Criteria – ECONOMIC IMPACT Is the expected cost for this approach practical considering the potential benefit/value and comparable commercialized products, if any?

23 Evaluation Criteria – COMMERCIALIZATION POTENTIAL Overall rating - patenting - potential for licensing and/or start up

24 Wednesday, May 14 –Challenge Submissions Due Week of May 26 th –Finalist Presentations to Panel Important Dates

25 BME Distinguished Lecture Event Medical device projects exhibition Fairchild Auditorium (begins 2pm) Award Presentation – June 2 nd, 4:15pm

26 biodesign.stanford.edu/challenge

27 Challenge Schedule How to Participate Forming Teams Submission Guidelines Evaluation Criteria & Judges Selection Process Working with OTL FAQ’s & Lessons Learned For more info… http://biodesign.stanford.edu/challenge

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