“At ivWatch, we are constantly innovating to provide highly effective solutions to monitor patients during IV therapy, ultimately improving patient safety,” said Gary Warren, president and CEO of ivWatch. “As we expand into new markets, it is important to protect our pipeline of products and marks. These protections allow us to deliver on our commitment to provide access to our breakthrough technology and to advance our mission to eliminate patient harm associated with IVs.”
ivWatch products are U.S. Food and Drug Administration Class II non-invasive devices and the ivWatch Model 400 system consists of the ivWatch patient monitor, a reusable optical biosensor and a single-use receptacle. The biosensor uses visible and near-infrared light to measure changes in the optical properties of the tissue near a peripheral IV insertion site, aiding the clinician in determining if an IV is leaking outside the vein. The receptacle comfortably attaches the optical sensor on the patient.
The nine new patents are directed at the ivWatch core technology of detecting and mitigating the effects of tissue blood volume changes caused by motion, which reduces false notifications and alarm fatigue. The ivWatch technology is able to analyze and detect infiltrations in real-world clinical settings, allowing the patient to move freely while still being continuously monitored. The new patent portfolios include seven new national patents granted under European Patent No. 2830487 and two new Japanese patents:
- Belgium Patent No. EP2830487
- Switzerland Patent No. EP02830487
- Germany Patent No. 602013057210.0
- France Patent No. EP2830487
- United Kingdom Patent No. EP2830487
- Italy Patent No. 502019000074894
- Netherlands Patent No. EP2830487
- Japanese Patent Registration No. 6599948
- Japanese Patent Registration No. 6599949
The company now holds 27 patents around the world and has been delivering the only IV infiltration detection technology to the market for over three years. ivWatch’s patented technology works in partnership with the clinician to aid in detecting IV infiltrations and extravasations early, thereby reducing patient harm. ivWatch has collected and analyzed a large volume of sensor and patient data both from in-house and hospital supported clinical studies. This data, tied to the culture of innovation, has provided the research and development team with insights into solving complex patient monitoring problems.
More than 100 utility patent applications have been filed to date. These include 59 domestic patent applications, eight international patent applications, and a total of 47 regional and national applications filed in Australia, Canada, Europe, Israel, Japan, Belgium, Switzerland, Germany, France, United Kingdom, Netherlands and Italy.