Innovation & Technology Commercialization for Nurses

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Transcript of Innovation & Technology Commercialization for Nurses

Presented by: Stephen Chen, JD, MPH Technology Commercialization Consultantslchen@seton.org

HELP US HELP YOUWhy and How Nurses Should Work with the Seton

Innovation & Technology Commercialization Team

HELP YOUR PATIENTS

Created By: Whitney Power, MBA

Innovation & Technology Commercialization Marketing wlpower@seton.org

WE’RE ALL IN THE HEALTHCARE BUSINESS

FOR THE same reason.

to HELP.

HELP YOUR PATIENTS

ever THOUGHT…

“If only I had a thingthat looked kind of like a…that snapped on the side and tucked around like so …with a button that …

that would make my

patient - and me- so happy!”

“I can fix it!”

“Oh, come on!

I could have

come up with

that!?”

NOW SOLD IN 10,000 RETAIL

STORES

MEDICAL INVENTIONS

$1M NIH GRANT.

NOW SOLD ON

AMAZON.

Amy BaxterMom, Pediatrician

Tiffany Krumins Special-Needs Nanny

WRITE IT DOWN.

NO PUBLIC DISCLOSURES, PLEASE.

Make My Idea a Reality Form?

ONLY 6 QUESTIONS

We can help you refine your idea further

if (appropriate) obtain a patent to protect it

and ultimately commercialize it

so it can be used to improve

patients’ livesfaster than waiting

around for “them” to do it

AWARDS & BONUSES FOR SETON INVENTORS

Patent Filed$1,000 Desk Plaque

1,000

Patent Granted$2,500 Wall Plaque

2,500

Seton RN Inventor

One-Thousand Congrats! Innovation & Tech Team

Seton RN Inventor

Two-Thousand, Five-Hundred

Congrats! (Again)Innovation & Tech Team

A PATENT IS AN EXPENSIVE INVESTMENT.

WHY?

Paperwork & Expert Navigation

Development, Licensing

Support

$50K-$150K Legal Fees

MOST PRIVATE COMPANIES

SHARE nothing.WE SPLIT ROYALTIES 50:50 & reinvest IN

MISSION

GET YOUR INVENTION TO YOUR

patient

“But I’m not an inventor.”

EVERYONE IS AN

inventor!

UNLEASH SETON’S INVENTORS AND

ENTREPRENEURS

Mark CubanShark, SXSW Impact Pedi Mentor/MC, Venture Capitalist, Dallas Mavericks Owner

NURSES HAVE GREAT STORIES!

ONE MORE

JUST

Anita Dorr, RN, FAEN

(I will try my best to not let this happen to

you.)

Nearly 2/3 of all medical device patents are

granted to inventors who are health care professionals.

Why IS THAT?

I HAD AN IDEA AND CAME UP WITH THIS THING THAT REALLY HELPED.

NO, NO. IT WAS NO BIG DEAL. REALLY. NOT WORTH THE TROUBLE.

BUT IT COULD BE …

?WHAT CAN BE PATENTED

so

New. Non-Obvious. Useful.

PROCESS MACHINE

COMPOSITION OF MATTER

IMPROVEMENTS TO ANY OF

THESE

ARTICLE OF MANUFACTUR

E

Huh?

?WHAT CAN BE PATENTEDNew. Non-Obvious. Useful.

PROCESS MACHINE

FOR EXAMPLE

COMPOSITION OF MATTER

ARTICLE OF MANUFACTUR

E

IMPROVEMENTS TO ANY OF

THESE

NOTICE SOMETHING?

TAKE THE

plunge!

YOU’RE NOT ALONEanymore

HELP US HELP YOUHELP YOUR PATIENTS

HOW? http://intranet.seton.org/v2/

invention

“It’s important not to be timid when you have an idea you think can help

patients… 

… You don’t have to do everything alone because Seton has created an innovation and technology team.”

– Dr. James Allred

GET IN TOUCH

QUESTIONS?

invention

© Seton Healthcare Family