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"To echo some of the other comments, non-invasive glucose testing is a 'holy grail' of diabetes research efforts and would be hailed as a major breakthrough--so

by tiatia 13y ago

"To echo some of the other comments, non-invasive glucose testing is a 'holy grail' of diabetes research efforts and would be hailed as a major breakthrough--something covered by major media outlets and aggresively pursued by all of big pharma and biotech." No, it wouldn't. It is currently extremely difficult to find money for medical devices. We have a working prototype of a non-invasive blood glucose measurement system, including several peer reviewed publications. Yet, it seems impossible to find venture capital for this. The pay off in IT und Web Start-ups is just much better.

Shinkei 13y ago
True, I am simpifying the issue. But medical device manufacturers should still be happy to take on new risks. See this article, even though it's an editorial: http://www.nytimes.com/2013/10/17/opinion/the-myth-of-the-medical-device-tax.html?_r=0 http://www.nytimes.com/2013/10/17/opinion/the-myth-of-the-me... It may be that existing products can simply be iteratively 'improved' and that doesn't cost much on the R&D side and is far less risky. I suppose market forces would favor the corporations that are protecting their existing revenue streams, at least in the short term. I would approach your university's IP office to discuss possibly funding the product. That's how large institutions do it. If you are in the private sector, then unfortunately it's up to you to 'sell' the idea to somebody. Maybe you could find some ventures capitalists who also 'coincidentally' happen to be diabetics?
efuquen 13y ago
Are you a company, a research group? Any references to those publications? A claim is much more credible when you are willing to give out proof to back it up ...
blahedo 13y ago
Well, have you tried IndieGoGo? It appears that they won't reject you as fraudsters, at least. :P ...and who is "we"? A claim like you're making might be better backed up with at least a link to your company or some of those publications.
ChuckMcM 13y ago
This is one of those times where having identifiable information in your profile would help. Who are you that has such a device? Presumably it is patented. Perhaps this one [1] from MIT? [1] https://www.google.com/patents/US8355767?dq=non-invasive+glucose+monitoring&hl=en&sa=X&ei=l7NBU6v3NoWT2QXq3YGgBA&sqi=2&pjf=1&ved=0CDUQ6AEwAA https://www.google.com/patents/US8355767?dq=non-invasive+glu...

by tiatia 13y ago

Shinkei 13y ago

True, I am simpifying the issue. But medical device manufacturers should still be happy to take on new risks. See this article, even though it's an editorial: http://www.nytimes.com/2013/10/17/opinion/the-myth-of-the-medical-device-tax.html?_r=0 http://www.nytimes.com/2013/10/17/opinion/the-myth-of-the-me... It may be that existing products can simply be iteratively 'improved' and that doesn't cost much on the R&D side and is far less risky. I suppose market forces would favor the corporations that are protecting their existing revenue streams, at least in the short term. I would approach your university's IP office to discuss possibly funding the product. That's how large institutions do it. If you are in the private sector, then unfortunately it's up to you to 'sell' the idea to somebody. Maybe you could find some ventures capitalists who also 'coincidentally' happen to be diabetics?

efuquen 13y ago

Are you a company, a research group? Any references to those publications? A claim is much more credible when you are willing to give out proof to back it up ...

blahedo 13y ago

Well, have you tried IndieGoGo? It appears that they won't reject you as fraudsters, at least. :P ...and who is "we"? A claim like you're making might be better backed up with at least a link to your company or some of those publications.

ChuckMcM 13y ago

This is one of those times where having identifiable information in your profile would help. Who are you that has such a device? Presumably it is patented. Perhaps this one [1] from MIT? [1] https://www.google.com/patents/US8355767?dq=non-invasive+glucose+monitoring&hl=en&sa=X&ei=l7NBU6v3NoWT2QXq3YGgBA&sqi=2&pjf=1&ved=0CDUQ6AEwAA https://www.google.com/patents/US8355767?dq=non-invasive+glu...