IpAuctions, Inc. to Sell Medical Patents on Behalf of UAMS BioVenture

IpAuctions (R), Inc. will auction three medical patents on behalf of the Technology Licensing Office at the University of Arkansas for Medical Sciences (UAMS).

The first patent (U.S. Patent #7,074,568) would enable the commercialization of a diagnostic test kit capable to detect Mycobacterium Other Than Tuberculosis (MOTT) and would produce a rapid diagnoses of infections in humans or animals.

Mycobacteria are persistent infections organisms that are involved in several of infectious diseases in addition to those involved in Tuberculosis. The rapid identification of mycobacteria is important to control these infections and their medical management. Arkansas investigators have developed a novel procedure that is PCR-based and is effective to diagnose Mycobacteria Other Than Tuberculosis (MOTT) infections directly from patient specimens in clinical testing. This method is far superior to classical testing methods and biochemical tests.

The second patent (U.S. Patent #6,993,377) discloses rapid multi-parametric methods of diagnosing heart disease. Specifically, this invention will predict impending sudden death, and analyze patients’ responses to treatments.

Roughly 12 million Americans are affected by coronary artery disease (CAD). In addition, 400,000 Americans die from sudden cardiac death each year. To date, no conventional diagnostic test can reliably predict which patients with cardiovascular disease are at risk for sudden death. The Struzik method of multifractal analysis was successful - yet, to date, no conventional diagnostic test (including highly invasive tests) can reliably predict which patients with cardiovascular disease are at risk for sudden death.

The salient novel features of the invention are:

1) Improved rapid method of MF Holder analysis with the associated
MFCC,
2) Rapid method of MF Alpha analysis,
3) Method of removing abnormal/ectopic beats that reduce
sensitivity/specificity of MF analysis,
4) Method of beat cluster analysis of value in predicting the
severity of abnormal/ectopic beats, and
5) Battery of 6 different diagnostic tests that may be performed on
a single EKG time series, which may have much greater diagnostic
and predictive value than that of each test alone.
The third patent (U.S. Patent #6,423,076) is a stereo tactic device for localizing an MRI-imaged mass using horizontal and vertical protractors on which a laser is mounted. This invention provides radiologists performing biopsies and ablations a visual guide reference for insertion of medical devices into a tissue mass that has been localized by magnetic resonance imaging. The laser apparatus is designed to guide surgical procedures based on location information derived from MRI imaging. This system can be adapted to any type of patient table used for delivering a patient to the bore of a MRI magnet or other imaging device. The device is battery powered and self contained, thus independent of any power requirements of the MRI system. After inputting angle measurements into the stereo tactic device, the radiologists are able to follow the laser beam with a biopsy needle to make consistent arrival at the mass site. Additionally, multiple pathways can be targeted from the same entry site or multiple approaches to the target.

About University of Arkansas for Medical Sciences (UAMS) - UAMS is Arkansas’ only comprehensive academic health center, with five colleges, a graduate school, a new 540,000-square-foot hospital, six centers of excellence and a statewide network of regional centers. UAMS has 2,652 students and 733 medical residents. Its centers of excellence include the Rockefeller Cancer Institute, Stephens Spine & Neurosciences Institute, the Myeloma Institute for Research and Therapy, Jones Eye Institute, the Psychiatric Research Institute and the Reynolds Institute on Aging. Visit www.uams.edu/bioventures).

About IpAuctions(R), Inc. (www.IpAuctions.com) is the leading online auction firm specializing in the sale of intellectual property assets. The firm has a proprietary database of thousands of IP attorneys, corporate and private buyers, and venture capitalists. IpAuctions Inc. is a member of the National Auctioneers Association and the ABI. The company is based in Reno, Nevada.

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IpAuctions, Inc. to Sell Medical Patents on Behalf of UAMS BioVenture

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