Texas Patent of the Month – September 2024
Vascular Perfusion Solutions, Inc. has developed an advanced portable organ preservation system that promises to revolutionize the way organs and tissues are stored and transported for transplants. This system uses a unique approach, leveraging a compact oxygen source that both oxygenates and powers the flow of a life-sustaining fluid through the vasculature of the preserved tissue. Unlike traditional organ preservation methods, which require multiple bulky components and external power sources, this device is self-contained and portable, making it a significant innovation for transplant medicine.
At the heart of this system is a compressed gas-powered pump that relies on oxygen from a portable generator or concentrator. This oxygen is not only used to enrich the fluid that nourishes the organ but also creates the necessary pressure to circulate the fluid, mimicking natural blood flow. This dual-purpose approach allows the system to remain simple and compact, reducing the risk of mechanical failure and the need for additional external power supplies.
The system can be fine-tuned with pressure and flow regulators to adapt to specific tissue requirements, extending viability and minimizing cellular damage during transport. This portability and adaptability mean that organs can be kept in optimal condition over longer distances and timeframes, offering new hope for patients awaiting transplants, especially in remote areas where access to specialized preservation facilities is limited.
With this innovative solution, Vascular Perfusion Solutions is setting a new standard in organ and tissue preservation, combining practicality with cutting-edge technology to increase the success rate of life-saving transplants worldwide. This device has the potential to make organ transplants safer, more accessible, and more effective than ever before.
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.
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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.
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