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Consulting Presentation for IPS
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E N V I R O – V A T I O N S O L U T I O N S
I nnova te . Sus ta in . I n sp i re
Alternative Technology
W i l l i a m M c D o u g a l l Ta m a r a M a t r e n z a N i k o l a o s K a t s i k i s J o r d a n C h a p u t J e s s i c a Wo n g
O B J E C T I V E
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2
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TO LOCATE innovative and alternative medical waste technologies within the healthcare industry.
TO RECOMMEND an effective strategy for market penetration.
TO DETERMINE the effect it has on IPS’s competitive advantage in the industry.
04/13/2023
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PresentedFor IPS
Chemical
Thermal
Biological
Mechanical
Irradiative
Incineration
I N D U S T R Y T E C H N O L O G I E S
04/13/2023
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Incineration• High temperature dry oxidation process that
reduces waste to inorganic, incombustible matter.
Mechanical • Shredding, Grinding, Hammermill Processing,
Liquid-Solid Separation; Renders waste unrecognizable , and used to destroy needles and sharps.
Thermal • Relies on heat (low, medium, and high) to
decontaminate waste. • Autoclaving and Microwaving are 2 types of
thermal processing.
Chemical• Employ disinfectants such as dissolved chloride
dioxide, bleach, or dry inorganic chemicals .• Shredding and grinding also involved to enhance
exposure of waste to chemical treatment.
Biological• Employs enzymes to destroy organic matter
where the resulting sludge is put through an extruder used to remove water for sewage disposal.
Irradiative• Involves electron beams, Cobal-60, or UV
irradiation, which shower high-energy electrons to destroy microorganisms by rupturing cell walls.
PresentedFor IPS
Recycling
Going Green
Transparency
H E A L T H C A R E T R E N D S
04/13/2023
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Hospitals are Embracing Environmentally Sustainable
Practices
960 ParticipantsASHE and ASHES#1
Cost Saving
High Regulations in the Industry Contribute to the Lack of
Transparency
Hospitals reluctant to release medical waste disposal practices.
Tough Economic Climate – Reduce Costs Associate with Medical Waste
Disposal
20% - 30% Hospital Medical Waste from the Operating Room.
Recycling and Re-sterilizing Medical Devices
40% - 60% LESS v. Un-recycled Products
PresentedFor IPS
Highly Competitive Environment for Small Companies and Innovative Technologies. Talking the Green Talk
Walking the Green Walk
Practice Greenhealth: 80 Companies and 1,100 Hospitals
NSF
NIEHS
US EPA SITE
R E S E A R C HE N T I T I E S
To Conduct Performance Verification Studies and Promote Acceptance of
Innovative Technologies.
3 Main OBJECTIVES• Identify and Remove
Obstacles
• Demonstrate and
Gather• Develop Procedures
and Policies
Partnerships for Environmental Public Health (PEPH)
Involves Many STAKEHOLDERS
THE GOAL• Prevent, Reduce, or Eliminate
Environmental Exposures that May Lead to Adverse Health Outcomes in Communities.
Under the NSF is the Chemical, Bioengineering, Environmental, and Transport Systems Division (CBET)
Under CBET Program and Funding Opportunities Include: • Biomedical
Engineering and Engineering Healthcare
• Environmental Engineering and Sustainability
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PresentedFor IPS 04/13/2023
O B J E C T I V E
1 TO LOCATE innovative and alternative medical waste technologies within the healthcare industry.
2
3 TO RECOMMEND an effective strategy for market penetration.
TO DETERMINE the effect it has on IPS’s competitive advantage in the industry.
04/13/2023
6
PresentedFor IPS
C O M P A R A B L ET E C H N O L O G I E S
04/13/2023
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PresentedFor IPS
P O S I T I O N I N GM A T R I X
04/13/2023
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Sustainability
Practicality
High
High
Low
Low
Ecolotec
IPS
San-I-PakRBS
Sterimed
PresentedFor IPS
O B J E C T I V E
2
3 TO RECOMMEND an effective strategy for market penetration.
TO DETERMINE the effect it has on IPS’s competitive advantage in the industry.
04/13/2023
9
PresentedFor IPS
Create
Reduce
Raise
Eliminate
B L U E O C E A NS T R A T E G Y
04/13/2023
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Complexity
Size
Price
Sustainability
Mobility
Partnerships
Retractability
V I
Cost
Value
PresentedFor IPS
Facts
STTR
SBIR
04/13/2023
F U N D I N G O P P O R T U N I T I E S
• Phase 1- Theory
• Phase 2 - Practicality
• Phase 3
- Commerciality
Fiscal Year 2009: $27 Billion in Funding
Past 4 Years: MA granted $600 million in funding.
Past 4 Years: MA ranked 2nd in dollars received and 1st in dollars received per
capita.
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PresentedFor IPS
F U N D I N G C O N T …
04/13/2023
EPA NIHNSF
C G G/C
$70K $150K $100K
$225K $500K $750K
Internal External External
Specific Broad Broad
No Yes Yes
Restricted Open Open
Award Type
Phase I
Phase II
Review Process
Research Topics
Gap Funding
Communication
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PresentedFor IPS
04/13/2023
Prototype
TornadoMain-street
Early Market
Conservatives Pragmatists
Visionaries Technology Enthusiasts
Pure Science Chasm
Bowling AlleyEnd of Life
Para
digm
Sho
ck
Application Breakthrough
High
HighLow
Low
IPS
I N N O V A T I O NL I F E - C Y C L E
13
PresentedFor IPS
E N V I R O – V A T I O N S O L U T I O N S
I nnova te . Sus ta in . I n sp i re
Alternat ive Technology
Thank You for your AttentionQuestions?