On June 18th, the US Patent and Trademark Office (USPTO) granted FMS a utility patent for a system that manages inventory through a non-invasive measurement process. USPTO also approved a trademark — VETrak — for commercial applications. FMS has several pending provisional and utility patents for human- and animal-health applications.
The measurement system developed by FMS is envisioned as a system to track injectable medications administered in hospitals, clinics and doctors’ offices. The technology resulting from this vision is highly adaptable; the first iteration of the technology will be implemented in the animal-health market.
FMS is currently employing commercial VETrack units at swine farms in Illinois and Iowa. FMS is also in discussions with Lexington-based equine and pharma-manufacturing companies to expand the technology’s applicability to additional animal farms, as well as the human-health field.
Conceived, Developed and Written by Dr. Subodh Das and Tara Mahadevan
July 19, 2013
Copyright 2013 All rights Reserved by Fluid Management Systems, Inc.