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SensaMove Arm. SensaMove Technologies Irena Barbulovic-Nad Stefanie Blain Geneviève Gavigan Rohini Gupta Jennifer Kohlenberg Golnaz Vahedi November 30 th , 2005. Where’s my change?.
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SensaMove Arm SensaMove Technologies Irena Barbulovic-Nad Stefanie Blain Geneviève Gavigan Rohini Gupta Jennifer Kohlenberg Golnaz Vahedi November 30th, 2005
Where’s my change? • Problems with current prosthetics (suggested from literature and by individual who uses four prosthetic limbs) • Weight • Audible noise • Unnatural appearance • Durability • Temperature • Speed of arm’s movement • Ease of Use • Functionality
Objective • Develop a prosthetic that improves upon: Functionality Weight Audible noise Ease of use
Outline • Highlights of technology • Biopsychosocial implications • FDA approval • Commercialization • Questions
MMG electrodes User-trained Microprocessor Supinating / pronatingwrist 90º ROM elbow Artificial muscles Electroactive Polymer sensors Open / close hand The SensaMove Arm
Sensors Grip pressure sensor Grip EAP locations Finger pressure sensors
Artificial Muscles Hydrogel Muscle conformation Artificial muscle E.A. Moschou et al. / Sensors and Actuators B xxx (2005) xxx–xxx
Training User Elbow Artificial Neural Network Hand Wrist
Get to Market: FDA Approval Data for Market Submission “Medical Device” Classify Device Step 1 Step 2 Step 3 • Step 1 • defined by 201(h) in FD&C Act • Step 2 • no substantially equivalent • PMA $90,910 • “de novo” process as Class II under 513(f)(2) • 510(k) $3,066 Step 3 • performance standards • clinical performance data • patient registries • post market surveillance • guidelines
Competitors: • Motion Control, Inc. • Otto Bock HealthCare • T.R.S., Inc • Variety Ability Systems Inc.
Source: BCC, Inc Commercialization: Market (USA data) • 350,000 amputees - 30% upper limb loss • 50,000 new amputations/yr - 20% upper limb • Target Clients: 100,000 • Market increase from $5.2 billion in 2005 to $6.8 billion in 2010 (AAGR of 5.5%)
Commercialization: The ‘So-So’ • R&D: • New techniques in preliminary research • Legal: • Concepts: Artificial muscle, MMG, EAP • Commercial: • Acceptance – New training
Commercialization: The ‘Good’ • Legal: • Patentable: Pressure Sensor, Complete arm • People: • Dynamic team • Skilled and Resourceful • Commercial: • Address unmet needs for prosthetics • Reach market in 3 yrs • High market potential
SensaMove Prosthetics • Lead Product: SensaMove Arm • Platform Technology: Feedback Sensors • Timeline:
Investment = $1.5 M Money Money Money NPV = $7.5 M
Technology that Feels Questions ?