Summary:
This market leader SME is a supplier of baby tagging and patient safety systems in the UK supplying over 50 NHS trusts. This is an easy to install plug and play unit that has increased the safety of infants and patients. They are seeking companies that are currently offering security or IT solutions to the healthcare sector and have an existing hospital customer base to introduce the product. They are seeking this via a distribution service agreement and or a licensing agreement .
Description:
The company is an innovative, high-growth technology company, which was founded in 2002. They currently provide innovative active low power radio baby tagging systems to a portfolio of over 50 National Health Service (NHS) trusts.
Their mission is to provide a reliable and efficient infant protection system using the latest technology. Analysis of the use of this technology has identified an increase in the protection of babies when using this tagging system. The company’s clients have reported greater operational efficiencies. This system provides this greater efficiency with less faults and false alarms than comparable systems that are currently on the market.
The system is simple to install and easy to administer and use. It is a plug and play hardware and IT solution in a kit form. All that is needed is a CAT6 network as specified and this can be plugged straight in .
The system will be a complete unit that any hospital trust or organisation could simply plug into its existing security system.
It is not only an applicable system for baby units , It could also be beneficial for the elderly in care homes or dementia facilities.
The company is interested in expanding into new markets globally and would like to offer it’s technology to companies supplying into hospital trusts or independent hospitals, i.e security and electrical engineering companies. Companies that are currently offering security or IT solutions to the healthcare sector and have an existing hospital customer base to introduce the product. This is envisaged to take the frame of a distribution services agreement and if desired they are offering the opportunity for any hospital or care facility to license the equipment via a licensing agreement.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The company would like to offer it’s technology to companies supplying into hospital trusts or independent hospitals, i.e security and electrical engineering companies. Companies that are currently offering security or IT solutions to the healthcare sector and have an existing hospital customer base to introduce the product. This is not only applicable to baby units but also for the elderly in care homes or dementia facilities.
They seek this collaboration through a distribution services agreement but would be able to offer the product via a licensing agreement
Stage of Development:
Already on the market
IPR Status:
Patents granted
External code:
BOUK20210115002
