I n t e l l i g e n t D e s i g n a n d D e v e l o p m e n t | |
| | Overview Lucent Medical Systems was established in January 1994 to develop and commercialize a technology for non-radiographic determination of position, orientation and motion of devices inserted in the body. Lucent's locating and tracking technology is based upon proprietary hardware and software for sensing and analyzing static magnetic fields. This technology can be applied to a variety of medical products including catheters, feeding tubes, endotracheal tubes, and surgical tools, which are commonly used in hospitals, physicians' offices, nursing homes and home care settings.
Objective: A New Method for Medical Device Imaging Lucent's technology requires only the addition of a small permanent magnet to an existing medical product to make it locatable by a Lucent detector. The ability to locate and track an inserted medical device offers the potential benefits of improved patient care, cost and time savings to health care providers, application of existing procedures to additional patient populations, and the development of new procedures.
Corporate Values Lucent Medical Systems' corporate culture is based upon the shared principles of:
Quality Policy Lucent Medical Systems is committed to designing high quality, sophisticated and cost-effective location, navigation or diagnostic medical devices and systems which consistently exceed customer expectations. Lucent Medical complies with FDA QSR and ISO 13485 requirements.
Technology Foundation Lucent's technology is covered by an intellectual property base that includes 7 issued US patents, associated foreign patents and numerous additional disclosures. Lucent's origins are at the University of Washington (UW) in Seattle, where the Company continues to enjoy a solid working relationship with members of the UW Faculty in its Medical School and Hospital.
Advisory Board Fred Silverstein, MD, is a founder, director, and consultant to the Company. Dr. Silverstein has extensive business experience, was Medical Director for Advance Technology Labs (ATL) and director of numerous other medical device firms. Dr. Silverstein was a Professor of gastroenterology at the University of Washington, is the author of numerous texts and research articles, and an inventor on many US patents for medical devices. Dr. Silverstein was a principal for Frazier and Company, a healthcare venture capital firm based in Seattle. He earned his BS degree from Alfred University and his MD from Columbia University.
Steve Tallman, BS, serves as director and as a consultant to the company. Mr. Tallman is the former President of Quinton Instrument Company. He played a key role in the sale of Quinton by American Home Products in 1998, as well as being the companyâs lead negotiator in two acquisitions, one divestiture and the acquisition of several product lines. Prior to joining Quinton, Mr. Tallman spent four years with Arthur Young and Company. He earned a BS degree from the University of Arizona.
David Haynor, MD, PhD, serves as consultant to the Company in areas of imaging systems, algorithm development, and clinical evaluations. Dr. Haynor is co-inventor of Lucent Medicalâs Zortran technology. He is an Assistant Professor of Radiology at the University of Washington. Dr. Haynor received his PhD in Mathematics from the University of California, Berkeley and his MD from Harvard University.
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