North Carolina Patent of the Month – September 2022
It would be beneficial for all of us to know the state of our health and fitness. Traditional health monitors used to track metabolism during exercise, dieting and physical therapy are often bulky, rigid, and uncomfortable to use, especially while working out. In addition, collecting these statistics can be laborious and expensive, making them difficult to access.
Valencell, Inc. aims to empower people to live longer, healthier lives through validated physiological insights.They provide digital solutions to help people analyze their health status to encourage better choices and ultimately prevent chronic disease for hundreds of millions of people world-wide.
Valencell, Inc. has developed a unique earpiece monitoring device that provides a non-invasive way for individuals to monitor both personal physiological and environmental exposure information. The device contains a microphone and a speaker, and is configured to transmit information wirelessly to a recording device such as a cell phone, which can process and organize the data into meaningful displays, such as charts.
This innovative device can monitor breath rate, pulse rate, physical activity, stress levels, blood pressure, and even brain activity. It also monitors external information, including airborne particle density, X-rays, gamma rays, microwave radiation, airborne pollutants and light intensity. This information is transmitted in real-time, providing consumers with quick, convenient, meaningful information to help them improve their health and wellbeing.
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.
