...At a fundamental level, medical technology is the practical application of the scientific body of knowledge produced by biomedical research. When growth in scientific knowledge is applied for the purpose of improving medical care, it leads to advanced techniques for a more precise diagnosis, more effective and less invasive therapies. Medical technology is seen to be a double-edged sword because in one respect it allows research to develop sophisticated diagnostic procedures, which then develop “cures” to increase longevity and quality of life. Yet, this new technology comes at the tremendous cost of conducting that developmental research. Then once this technology is available, there are costs associated with training staff to use it properly, facility upgrading and a higher demand from consumers and physicians for the utilization of the new technology (Shi & Singh, 2008). Not all technological advancements are created equal; and add a tremendous strain to health care spending. Electronic Health Records (EHR) replace the traditional paper records and help to streamline patient care by making it possible to access, share and edit patients’ records more efficiently. Widespread adoption of EHR will eventually lead to savings in health care costs. In the United States, the non-governmental and highly influential Institute of Medicine (IOM) has committed to a technology-led system reform and urged “a renewed national commitment to building an information infrastructure to...
Words: 886 - Pages: 4
...Reach Out and Touch: Using NFC and 2D Barcodes for Service Discovery and Interaction with Mobile Devices Eamonn O’Neill1, Peter Thompson2, Stavros Garzonis1, and Andrew Warr1 1 Department of Computer Science, University of Bath, UK, BA2 7AY {eamonn, s.garzonis, cspaw}@cs.bath.ac.uk http://www.cityware.org.uk 2 Vodafone Group R&D, Newbury, UK, RG14 2FN peter.thompson@vodafone.com Abstract. We investigate the use of 2 tagging technologies: Near Field Communication (NFC) and 2-dimensional barcodes. Our investigation combined a field trial and interview based study with an experimental evaluation. The field trial focused on users’ experience of the usability of NFC for a range of trial services, users’ perceptions of NFC use in their daily life context, and users’ suggestions for potential applications of NFC. The tags were embedded in a variety of postcards, table-top signs and posters. The experimental evaluation compared the ease of use of NFC and 2D barcodes, operationalised in terms of time taken to read a specified sequence of tags on posters. We found that for untrained users the 2D barcodes were quicker to use than the NFC tags but that training significantly improved users’ performance with the NFC tags while having no effect on their performance with the barcodes. 1 Introduction The use of ambient tags read by mobile devices presents new possibilities for service discovery and user interaction. Service discovery is an increasingly important issue as we move towards...
Words: 8155 - Pages: 33
...Studies have shown parents want their firstborns to have high status jobs such as lawyers and doctors but they relax on the choices for other siblings. The coaching we get concerning job, affects our achievement and self-esteem. The position of first born is very much geared towards high achievers. 21 out the 23 first astronauts in space were first born children. In a study looking at the birth place order of CEO’s it was found that 43 percent of them were firstborn children, 33 percent were middle born and 23 percent were the youngest children in their family. On the other hand, the youngest sibling in the family may be the one to engage in more reckless behavior such has dangerous sports including sky diving, motor cycle racing, sky jumping, and even football. According to a survey taken in a high school, the younger siblings said they were more sentimental and were less judgmental than their older siblings. The same survey reinforced the studies on firstborns who were geared towards being high achievers as this survey indicated these students rated themselves as being perfectionists. However, studies show that younger children get better grades. This is because they are mentored by the older siblings; they have watched how their older siblings overcome challenges and learn from them. Strangely, the very first studies on birth order never included females. Nevertheless, Montrealers need to know that these studies, especially the earliest ones did not account for the...
Words: 2983 - Pages: 12
...Burns Case Study Assignment 1 Operations Management 505 Submitted to Coach Jan Wirsam From Lise Beland June 21, 2013 Word Count: Table of Contents Background …………………………………………………………………………..1 The Technology……………………………………………………………………....2 Operations Strategy………………………………………………………. ……….. 3 Cash Flow Statements…………………………………………………………………………….4 Clinical Trial Work Design Process…………………………………………………4 Final Recommendation……………………………………………………………….5 References………………………………… …………………………………………6 Background: Dr. Nicholas Burns, a sole practitioner dentist in a small town in Ontario, is considering the purchase of a new dental laser which allows dentists to perform certain dental treatments without anesthesia. He wondered if the benefits of the new dental laser would justify the expenditure. Dr. Burns knew he should consider whether the technological advantage offered by the new dental laser would improve his office's profitability and the possibility that a different technology may become the standard in the industry. Issue 1: Will Waterlase become a sought after technology? OPERATIONS STRATEGY Analysis 1: Waterlase is a proven technology that provides the patient with a revolutionary treatment. The laser has been approved by Health Canada since 1998 and it main benefits enable better clotting and healing on soft tissues. The reduced bleeding...
Words: 755 - Pages: 4
...collaboration with the accuser in order to continue innovation. If the accuser turns out to be a patent troll or in other terms in the business of strictly making money on infringement cases we will have the case arbitrated by a subject matter expert. I recommend we offer the accuser a chance to collaborate with a business which recently launched a great new product supported by Apple iOS and Google Android platforms. Instead of being a killer of creativity the accuser might be a legitimate technology developer such as our company. The accuser may be more interested in developing newer and better versions of its product instead of getting a onetime payout. Collaboration will save both parties time and money by avoiding a long and expensive court case. It will also benefit both parties to share research and new ideas (Laudon, 2012). Nokia and HTC are a recent example of collaborations as they entered “into a collaboration agreement to provide access to each other’s patented technology to explore future projects” (Shankar, 2014). Working together will provide our business with new innovations making us more competitive. New innovations will develop an opportunity for new registered patents to our company, providing a defense system for possible future law suits. Licensing fees and royalties from new innovations will be collected by both parties creating new revenue. Avoiding court, continuing to grow and collecting revenue makes for a much more favorable scenario. ...
Words: 856 - Pages: 4
...growing healthcare field are overall safe and effective for utilization by patients. While the process is far from perfect it still a staple in introducing innovative and breakthrough drugs into healthcare fields across the board. This paper will discuss the process encountered to get pharmaceuticals approved for manufacture and distribution to physicians and patients. Food and Drug Agency’s Drug Approval Process “For healthcare technology, the most important regulatory approval comes from the federal Food and Drug Administration (FDA)” (Williams & Torrens, 2008, pg.28). This agency approves all drugs and pharmaceuticals, medical devices, and some medical equipment. The FDA also controls access to drugs by deciding whether a certain drug will be available by prescription only or as an over-the-counter purchase (Shi & Singh, 2013, pg.115). The most well-known regulatory review of medical technology is that conducted on pharmaceutical products and to some medical devices that are subjected to detailed preliminary approvals, clinical trials, and post-approval surveillance policies. Before a drug can begin (first phase) clinical testing, the sponsor of the drug must evaluate the product’s safety and biological activity via in vitro and in vivo lab (animal) testing. If product appears to have important biological activity and may be useful as a drug, special test are done to evaluate its safety in the major organ systems. These studies are conducted in animals to ensure...
Words: 911 - Pages: 4
...health technologies in the 21st century? New diagnostic techniques have often made it possible to detect disease in time to apply an appropriate therapy. Even in cases of diseases for which no effective preventive or therapeutic measures are available, technologies have aided in relief of pain, amelioration of symptoms, and rehabilitation of individuals affected by chronic conditions (88). Finally, some new technology has increased access to health care, some has reduced the cost of care, and some has improved the outcome of care (45). Health care costs are escalating rapidly. The expanded use of medical technologies is an important factor in the rising costs, imposing economic burdens which cause problems for patients, for their families, and for society. Medical technologies contribute to medical care costs in various ways: Some have large capital investments, some require the use of costly supportive services, some present the possibility or requirement of costly followup care, some establish the need for continued use, some are overused after initial proof of reliability of efficacy (particularly diagnostic technologies), and some are used for inappropriate purposes. (Technology Transfer at the National Institutes of Health, 1982) Discuss the evaluation of medical technologies. Clearly, some evaluation criteria pertain only to “product” technologies, such as devices or drugs. Other evaluation criteria pertain to the medical purpose for which the technology is used...
Words: 402 - Pages: 2
...type 2 diabetes: 12‐month data from the OpT2mise randomized trial. Diabetes, Obesity & Metabolism, 18(5), 500–507. http://doi.org/10.1111/dom.12642 Bolderman, K. M. (2013). Putting your patients on the pump. Alexandria, VA: American Diabetes Association. DeVries J.H., Snock F.J., Kostense P. J., Masurel N., Heine R. J.(2002). A randomized trial of continuous subcutaneous insulin infusion and intensive injection therapy in type 1 diabetics for patients with...
Words: 592 - Pages: 3
...made more than half of smartphones sold worldwide as of July 2012.[1] In the spring of 2011, Apple began litigating against Samsung in patent infringement suits, while Apple and Motorola Mobility were already engaged in a patent war on several fronts.[2] Apple's multinational litigation over technology patents became known as part of the mobile device patent wars: extensive litigation in fierce competition in the global market for consumer mobile communications.[3] By August 2011, Apple and Samsung were litigating 19 ongoing cases in nine countries; by October, the legal disputes expanded to ten countries.[4][5] By July 2012, the two companies were still embroiled in more than 50 lawsuits around the globe, with billions of dollars in damages claimed between them.[6] While Apple won a ruling in its favour in the U.S., Samsung won rulings in South Korea and Japan, and the UK. Contents [hide] 1 Origin 2 South Korean lawsuit 3 Japan lawsuits 4 German courts 5 French and Italian courts 6 Dutch courts 7 Australian courts 8 British courts 9 U.S. courts 9.1 First US Trial 9.1.1 US verdict 9.1.2 Injunction of US sales during first trial 9.1.3 First trial appeal 9.2 Second US Trial 9.3 Controversy 10 See also 11 References 12 Further reading [edit]Origin Apple sued its component supplier Samsung, alleging in a 38-page federal complaint on April 15, 2011 in the United States District Court for the Northern District of California that several of Samsung's Android...
Words: 3372 - Pages: 14
...| | [uber] – HOW A TECHNOLOGY FIRM IS changing the traditional transportation model | | By Mark Boeckel, Brent Sprunger, Kevin Smith, and Emily WorkMarch 6th, 2012 | Executive Summary Uber is an App-Powered on-demand car service provider for smart phones. Notwithstanding its very unique name, investors have begun to take note of Uber during the past year as it has stolen market share from traditional transportation companies. We will analyze the value proposition of its technology and examine the differentiation Uber creates to stay ahead of both potential competition and the various cab laws and regulations across the United States and Europe. Based upon this analysis, we will provide detail to investors about various strategic choices the company should pursue in both the short and long-term. We will address the short-term roadblocks of government regulation as well as what future benchmarks the company should pursue to maintain its position as the leading car service app. The goal of this analysis is to provide current and potential investors with the necessary tools to assess an investment strategy in this startup. What is Uber? über [ü-bər]- being a superlative example of its kind or class Imagine you are a MBA student at work in downtown Chicago who just got off an endless two hour conference call at 5:30pm and realize that you are most likely going to be late for a midterm which starts at 6:00pm unless you can get a cab. However, you know...
Words: 4745 - Pages: 19
...tracking and management, Barcode and RFID technology, and client/server inventory management. They also offer installation services and 24/7 customer support. Intuit is the most popular inventory controls system since it is widely used in both small and larger organization. Intuit provides its customers with as easy startup plan that includes management inventory for tracking sales, returns, and exchanges, free hardware such as cash drawers, handheld scanners, pin number pads, and a “go payment” mobile card reader. Intuit also offers their customers full support on all hardware and software and a free trial period of 30 days. The current price for purchasing Intuits Management Inventory System is $900. James E Dodge Business Communications Author Note [Include any grant/funding information and a complete correspondence address.] automated asset tracking and management, Barcode and RFID technology, and client/server inventory management. They also offer installation services and 24/7 customer support. Intuit is the most popular inventory controls system since it is widely used in both small and larger organization. Intuit provides its customers with as easy startup plan that includes management inventory for tracking sales, returns, and exchanges, free hardware such as cash drawers, handheld scanners, pin number pads, and a “go payment” mobile card reader. Intuit also offers their customers full support on all hardware and software and a free trial period of 30 days. The current price...
Words: 948 - Pages: 4
...| | [uber] – HOW A TECHNOLOGY FIRM IS changing the traditional transportation model | | By Mark Boeckel, Brent Sprunger, Kevin Smith, and Emily WorkMarch 6th, 2012 | Executive Summary Uber is an App-Powered on-demand car service provider for smart phones. Notwithstanding its very unique name, investors have begun to take note of Uber during the past year as it has stolen market share from traditional transportation companies. We will analyze the value proposition of its technology and examine the differentiation Uber creates to stay ahead of both potential competition and the various cab laws and regulations across the United States and Europe. Based upon this analysis, we will provide detail to investors about various strategic choices the company should pursue in both the short and long-term. We will address the short-term roadblocks of government regulation as well as what future benchmarks the company should pursue to maintain its position as the leading car service app. The goal of this analysis is to provide current and potential investors with the necessary tools to assess an investment strategy in this startup. What is Uber? über [ü-bər]- being a superlative example of its kind or class Imagine you are a MBA student at work in downtown Chicago who just got off an endless two hour conference call at 5:30pm and realize that you are most likely going to be late for a midterm which starts at 6:00pm unless you can get a cab. However, you know...
Words: 4745 - Pages: 19
...Personalized Medicine is often defined as “the right treatment for the right person at the right time.” Personalized medicine is becoming the place to be in clinical diagnostics as well and slowly becoming the reality of future in the diagnostics industry By Technology Segment - Personalized Medicine diagnostics market is expected to grow with a double digit CAGR for the period of 2013 to 2018. It is expected that personalized medicine diagnostics market by technology is going to double by 2018 from its current market size in 2012. In this segment, Point of Care Testing and Molecular Diagnostics segments control the #1 and #2 positions in 2012. By Diseases Segment - Personalized Medicine diagnostics market is expected to be more than US$ 30 Billion by 2018. Diabetes management test and Cancer management test are the leading market in this segment. Renub Research report entitled “Personalized Medicine Diagnostics (Flow Cytometry, Sepsis Immunos, Routine Coagulation, Psychiatric Disorders, Tumor Markers, Molecular Blood Typing and Other Testing)” report provides a comprehensive analysis of the emerging personalized medicine diagnostic market segments, including their dynamics, size, market share, key investors, clinical trials statement, technological trends, company analysis and a realistic future potential for personalized medicine in clinical testing. The report also entails major drivers and challenges of personalized medicine diagnostic market. This 173 page report contains 94...
Words: 3516 - Pages: 15
...DRUG DEVELOPMENT SCIENCE Obstacles and Opportunities for Collaboration Among Academia, Industry and Government January 13–14, 2005 Washington, DC David Korn, M.D. Donald R. Stanski, M.D. Editors DRUG DEVELOPMENT SCIENCE Obstacles and Opportunities for Collaboration Among Academia, Industry and Government Report of an Invitational Conference Organized by The Association of American Medical Colleges Food and Drug Administration Center for Drug Development Science, at the University of California, San Francisco January 13-14, 2005 Washington, DC David Korn, M.D. Donald R. Stanski, M.D. Editors DRUG DEVELOPMENT SCIENCE ACKNOWLEDGEMENTS This is the report of a conference convened by the Association of American Medical Colleges and the Food and Drug Administration in response to the FDA white paper entitled “Innovation or Stagnation: Challenge and Opportunity on the Critical Path to New Product Development”. The conference was partially supported by the FDA. The AAMC acknowledges with gratitude the additional support provided by Abbott Laboratories, Cephalon, Inc., Eli Lilly and Company, GlaxoSmith Kline, Merck & Co. Inc., and Pfizer, Inc. The conference planning committee consisted of Drs. David Korn, Joel Kupersmith, Carl Peck, Donald Stanski, and Janet Woodcock. Figures 1 and 2 are taken from the FDA white paper. The back cover composite is derived from charts presented at the conference by Dr. Peter Corr, Pfizer, Inc. The report was designed by Douglas Ortiz, AAMC...
Words: 14590 - Pages: 59
...Table of Contents I. Early/mid stage biotech funding environment at a glance II. “Regenerate Biomedical” (fictional biotech company) overview a. Company milestones, stakeholders, funding to date b. Preliminary testing results for DRX c. Clinical Trials and funding needs for DRX d. Overview of Phase I Results for DRX e. Probability DRX clears phase II III. Market Overview - Hair Therapy Industry a. Market and competitive landscape b. DRX competitive advantage c. DRX Sales Forecast (three scenarios) d. Analyst Assumptions IV. Risk Profile for early/mid stage biotech companies a. Assumptions- Beta, Cost of Capital, WACC V. Overview Regenerate Biomedical funding options for DRX a. Initial Public Offering (IPO) b. Private Equity (PE) c. Big pharmaceutical company a. “Aderans” preliminary acquisition offer d. Venture Capital b. “Bio Venture” preliminary deal terms VI. Results and Conclusion a. Strategy 1 b. Strategy 2 c. Strategy 3 I. Early/mid stage biotech funding environment at a glance Biotechnology is typically defined as any science that harnesses cellular and bimolecular substances to develop new technology, drugs and products. Biotechnology has multiple applications - food alteration, genetic research, environment and energy, and human and animal health products, to name a few. Over the years, the biotech industry has produced some of the world’s greatest advances in...
Words: 4652 - Pages: 19
