Michigan Patent of the Month – December 2023
ENDRA Life Sciences, Inc. is ushering in a new era for ultrasound technology. The company is set on combining energy and ultrasound to stimulate tissue and see whole new dimensions. In line with this, the company has been granted a patent for their thermoacoustic probe.
Thermoacoustic imaging often uses high frequency systems, like electromagnetic waves, to image tissue. However, existing systems have been limited to lab testing and have not fared well in a clinical setting. That’s where ENDRA Life Sciences’ thermoacoustic probe comes in.
The probe is designed to support easy, handheld use in a real-world scenario. A radio-frequency (RF) applicator and electromagnetic layer are combined, along with an acoustic matching layer, to deliver specific radio frequencies and ultrasound waves. The system connects to conventional ultrasound to measure permittivity. Radio frequencies (RF) stimulate tissue and create small sonic waves that are picked up and decoded by their proprietary algorithms.
Currently, ENDRA Life Sciences’ technology is being directed towards measurement of fat in the liver for the early detection of liver disease. The probe delivers Thermo-Acoustic Enhanced UltraSound and is marketed as TAEUS®. It offers a non-invasive approach to imaging and allows clinicians to measure steatosis in less than a minute.
While currently in use for liver disease, ENDRA Life Sciences’ sees potential far beyond a single application. Their hope is to expand TAEUS® to visualize tissue temperature and function, helping guide procedures that treat conditions such as cancer and atrial fibrillation, or help identify arterial plaque and internal bleeding.
Are you developing new technology for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
Who We Are:
Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
Swanson Reed regularly hosts free webinars and provides free IRS CE and CPE credits for CPAs. For more information please visit us at www.swansonreed.com/webinars or contact your usual Swanson Reed representative.
What is the R&D Tax Credit?
The Research & Experimentation Tax Credit (or R&D Tax Credit), is a general business tax credit under Internal Revenue Code section 41 for companies that incur research and development (R&D) costs in the United States. The credits are a tax incentive for performing qualified research in the United States, resulting in a credit to a tax return. For the first three years of R&D claims, 6% of the total qualified research expenses (QRE) form the gross credit. In the 4th year of claims and beyond, a base amount is calculated, and an adjusted expense line is multiplied times 14%. Click here to learn more.
R&D Tax Credit Preparation Services
Swanson Reed is one of the only companies in the United States to exclusively focus on R&D tax credit preparation. Swanson Reed provides state and federal R&D tax credit preparation and audit services to all 50 states.
If you have any questions or need further assistance, please call or email our CEO, Damian Smyth on (800) 986-4725.
Feel free to book a quick teleconference with one of our national R&D tax credit specialists at a time that is convenient for you.
R&D Tax Credit Audit Advisory Services
creditARMOR is a sophisticated R&D tax credit insurance and AI-driven risk management platform. It mitigates audit exposure by covering defense expenses, including CPA, tax attorney, and specialist consultant fees—delivering robust, compliant support for R&D credit claims. Click here for more information about R&D tax credit management and implementation.
Our Fees
Swanson Reed offers R&D tax credit preparation and audit services at our hourly rates of between $195 – $395 per hour. We are also able offer fixed fees and success fees in special circumstances. Learn more at https://www.swansonreed.com/about-us/research-tax-credit-consulting/our-fees/
Choose your state










