Products Under Development & Intellectual Property
Turning Concepts Into Products
These technologies are currently available for financing, licensing or partnering. Please contact John Dobak, M.D. at jdobak@jakkgroup.com.
MEMS Based Heart Sensor
The JAKK group is leading the development of a novel MEM sensor that that can measure the synchrony of the heart contraction and may help improve the response rate of cardiac resynchronization therapy (CRT). CRT is a pacemaker therapy for heart failure that improves heart function through pacing by causing a more coordinated, or synchronous, contraction of the ventricles. It has been one of the most significant advances in heart failure therapy in the last 30 years. Annual CRT device sales are expected to exceed $4.5 BB in the U.S. alone by 2010.Pharmaceutical Treatment of Regional Fat Accumulations
JAKK Group developed and recently financed an injectable pharmaceutical preparation for the reduction of fat deposits. This technology was spun out as a start-up company Lithera, Inc. (www.lithera.com). Lithera, Inc. recently received $21.5 MM in venture capital financing to further develop the technology for both medical and lifestyle indications.Lifestyle treatments are a rapidly growing area of medicine as evidenced by the 3 million Botox® injections each year. A similar type of therapy to treat fat deposits (both medical and cosmetic) would be similarly well received. The technology developed by the JAKK Group for Lithera was a novel drug formulation of previously marketed (FDA approved) drugs that induces fat cell storage breakdown and inhibits fat cell growth. It is estimated that $3 BB per annum in the U.S. is spent on products and treatments to improve the appearance of regional fat deposits.
