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Vecna
Charts Its Course
May 16, 2005
By Ketaki Sood
Ketaki Sood,
Larta NIH-CAP Project Manager, talks with Carrie Stein, Director
of Clinical Solutions at Vecna, a participant in the NIH-CAP, a
program by the NIH to assist SBIR Phase II awardees commercialize
their technologies. Vecna is
one of 75 NIH SBIR Phase II awardees presenting on Day 1 at Larta's
Venture
Forum conference May 25-26.
NIH-CAP is designed
to help some of the county's most promising life science startup
companies commercialize their technologies. Companies have been
selected from hundreds of NIH SBIR Phase II awardees nationwide.
Larta Institute has been engaged by the NIH to manage the program
and is working with these NIH SBIR Phase II awardees to help translate
research results into successful business ventures.
KS: Can you provide me a brief overview of Vecna?
CS: Vecna is a woman-owned healthcare technology and engineering
small business started in 1998 by a talented group of engineers
from MIT. Founded on the principles of excellence, integrity, and
service, Vecna has two divisions: IT Consulting and Research and
Development. Our flagship products include our Quality Care solutions:
Patient safety event tracking and management (QC SafePath);
Automated infection control surveillance (QC PathFinder);
web-based survey creation and management (vSurvey); and HIPAA-compliant
Kiosks for automated patient services. Vecna's corporate headquarters
are in College Park, Maryland with additional offices in Virginia
and Cambridge (our robotics lab).
KS: Tell
me about the technology you are trying to commercialize via the
NIH-CAP?
CS: QC PathFinder, automated infection control surveillance software,
was developed during our NIH/NIAID SBIR Phase I and II awards. QC
PathFinder integrates with any hospital information system to pull
live data, and uses statistical process control and algorithms developed
from our research to monitor this data; the application can then
detect potential infectious disease outbreaks and emerging patterns
of antimicrobial resistance.
KS: Can you
tell me about the application of your technology and the patient
group you plan to address? In other words, what is the medical benefit
of your technology and what is the need for it in the market?
CS: The CDC estimates that 2 million people in the US will have
a healthcare associated infection (HAI) this year, and that 90,000
will die from HAIs. QC PathFinder users, including Infection Control
Professionals (ICP) in healthcare settings and microbiologists,
are those on the front lines trying to combat healthcare associated
infections as well as those in charge of emergency preparedness
and monitoring for possible bioterrorism events. They use this technology
to cast a wider surveillance net in their setting or to focus more
closely on a particular organism strain or problem location. Infection
Control surveillance over the past 20 years has traditionally focused
on high-risk units within a particular setting. Given that most
hospitals have 1 ICP per 250 beds, their ability to look facility-wide
at trends is limited. This technology allows ICPs to look for trends
in entire facilities, report and trend on groups of locations, or
drill down to more specific areas, depending upon the need. Automated
monitors and alerts provide added efficiency as QC PathFinder monitors
live incoming data while ICPs are performing other tasks, and will
alert them when the application detects significant new information.
KS: How does your product compare to existing competition?
Companies that provide automated infection control surveillance
are either a product or service. QC PathFinder, a product, puts
advanced power to detect outbreaks and track antibiotic resistance
into the hands of infection control professionals, rather than providing
them with reports created by a third party. QC PathFinder uses statistical
process control and patent pending algorithms to allow users to
create line listings, antibiograms, and control charts so that infection
control teams can better analyze their data based on facility-specific
data. QC PathFinder has an easy-to-use interface that guides users
through report creation and trend analysis. Because of our focus
on research and development, Vecna has an outstanding team of engineers
that are involved in continuous development of innovative technologies.
From RFID to artificial intelligence, QC PathFinder will continue
to benefit from the creative features developed at Vecna.
KS: Why did
you choose to participate in the NIH-CAP?
CS: Through our involvement in NIH, and the SBIR grants we have
been awarded, we were offered the opportunity to participate in
the NIH-CAP. When we read the introductory materials about the CAP,
including the one-on-one advisor aspect, the workshops, and the
guided program with the choice of a Strategic Alliance track, we
decided as a company that the CAP would be a worthwhile investment
of our time.
KS: How has
the CAP been helpful with your commercialization goals?
CS: The CAP has provided me with written tools as well as an experienced
entrepreneur-advisor to guide planning and implementation of the
commercialization process. Since Vecna has chosen to pursue the
Strategic Alliance track for QC PathFinder, my CAP advisor coached
me through the research and selection process with regard to potential
strategic partners, provided me with insights as we compared candidates,
and encouraged me to think about creative opportunities to boost
our marketing and distribution efforts. The CAP materials, presentations,
and exercises provide an excellent framework that can be used again
and again.
KS: What
challenges remain with commercializing your technology and how do
you plan to address them?
CS: The biggest
challenge in commercializing QC PathFinder is convincing healthcare
facility CFO's and CEO's of the financial benefits of automated
infection control surveillance, the difference it can make in early
detection and early intervention, and the benefits to providing
Infection Control teams with tools that improve their efficiency
and effectiveness.
Carrie I.
Stein, RN, MSN, is Director of Clinical Solutions, Vecna Technologies,
Inc., 5004 Lehigh Road, College Park, MD 20740-3821, http://www.vecna.com.
She can be reached at 240.737.1644 phone, 301.699.3180 fax, or qcpathfinder@vecna.com
email.
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