News: Leading innovation in the aged care sector, page-6

re: News: Leading innovation in the aged care... 1) I've completed significant research, though I'm yet to speak with management directly. My outlook is positive, however this is HUGELY speculative. I'm frustrated we haven't heard more news on the US launch. Clearly, Biomedia and Tech have both been smashed on the NASDAQ and this sits smackbang in the middle both both of those!

2) Yes, technology is covered by a number of patents. The question is: how strong is this protection. Things like this raise concern:

"Now here’s something you don’t hear every day: an innovation for the adult diaper.

With a two-fold purpose of improving urinary incontinence care while standardizing data collection, Gweepi Medical Inc. is developing a wireless sensor and software system for nursing homes and other healthcare providers.

Gweepi’s disposable sensor patch is applied to a diaper. When it becomes wet, the wireless sensor sends an alert to nursing staff, who can attend to the patient immediately. But there are already sensors that do that. What’s interesting about the Gweepi system is that it also stamps and stores the time and severity of the episode, opening up the potential for a personalized care plan based on aggregated data.

Read more: http://medcitynews.com/2012/08/a-diaper-sensor-and-data-is-one-startups-solution-to-helping-manage-incontinence-in-seniors/#ixzz2zWfXdsWB

Admittedly, this is from 2012, and from everything I read then, this business seems to have pivoted away from the this concept, but still doesn't instill much confidence.