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Low Cost Modular Prosthetic System Leg-O

Low Cost Modular Prosthetic System Leg-O ™. Landmines

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Page 1: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Low Cost Modular Prosthetic System

Leg-O™

Page 2: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Landmines

Page 3: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Victims of Landmines

• Psychological trauma• Social exclusion• Struggle to make a living

Page 4: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Landmines worldwide

• Afghanistan• Angola• Bosnia-Herzegovina• Cambodia• Croatia• Iraq• Mozambique• Namibia• Somalia• Nicaragua• Sudan

• These 11 countries house 50% of remaining landmines

• Estimated 70,000,000 landmines still left in over 90 countries

• In Afghanistan, 150 people/month become victims

• More than 200,000 have been injured over the past two decades

Page 5: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Overview

1. Design1. Design

2. Testing 2. Testing

3. Business Model3. Business Model

4. Competitors 4. Competitors

Page 6: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Design Considerations

Availability

CostFunctions

Psychology

Social

Prosthetic Prosthetic LegLeg

Page 7: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Proposed Design

Axial resistance

Polymer socket

Height adjustable

Breathable gel liner

Reduce impact forcesStance locking

Orthonormal rotation

Economic and tough structure

Load-bearing

Shoe friendlyEsthetically

pleasing

Adjustable resistance

Modular design!

Page 8: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Performance Testing

InterviewData collection

InterviewData collection

Clinical testingin hospitals

Clinical testingin hospitals

Performance and structural testing

of lower-limb prostheses

Performance and structural testing

of lower-limb prostheses

Lab TestingLab Testing Patient StudyPatient Study Follow-up Studies

Follow-up Studies

~ 6 months 1 month 1 year

Page 9: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Lab Testing Validation of design•prototype development•finalize fabrication technique •finalize material selection. Static/ dynamic lower limb testing (using) single loading-module machine

Fatigue Testing Check for excessive deformation

Test typical compression loads •at different angles, momentary impact etc.•Evaluate individual components •evaluate entire assembly•Match and exceed ISO standards.

• Perform simulated endurance tests for 5-year (service life ;average # of hours of walking time per day)

Page 10: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Patient Testing

• Small group of volunteers • Fitting Protocol: Time, Complexity, Training, Education

• Patient Feedback & Interview

• Performance Testing, repair and improvement

• Examine wear, evaluate sockets, surveys of design

Page 11: Low Cost Modular Prosthetic System Leg-O ™. Landmines

FDA

Step 1Establish if a medical device

Step 2Classification Identify the level of regulatory control (safety and effectiveness)

Step 3Submit a marketing application(development of data and/or information necessary)Meet pre-market & post market requirement

Page 12: Low Cost Modular Prosthetic System Leg-O ™. Landmines

LegO requirements for FDA:

Step 1:Code 890 Physical Medicine

Step 2:Class I device with exemptions

Step 3Appropriate Marketing Application -Exempt from pre-market approval -Exempt from pre-market notification-Exempt from GMP (good manufacturing practice requirements)

Component Manufacturers

Require quality system regulation 820.180 & 820.198

-Require: Registration, listing, labeling

Page 13: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Business Outlook

Planning

TargetMarket

RevenuesInvestors Competitors

Page 14: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Target Market

• Low income individuals around the world

eg. Landmine victims, war victims, etc.

• This can include low income clients within North America as well.

TargetMarket

Page 15: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Business Outlook

Planning

TargetMarket

RevenuesInvestors Competitors

Page 16: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Investors

• Unlikely to find a typical investor:

- marginal/humanitarian markets

- tap into sources of funding that is free• UN• NGO’s (non-governmental organizations) • Foundations with money who can help • Collaboration with groups in Universities e.g.

Queens

TargetMarket

Investors

Page 17: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Business Outlook

Planning

TargetMarket

RevenuesInvestors Competitors

Page 18: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Revenues

• Prices we are targeting are:<$40Stainless Steel + metal components: $15Foot: $3Gel + polymer: $10

• Target production: 100,000/year• Breakdown of cost:

R&D: $150,000 (over 2 years)Other+ Overhead $500,000

Net Earnings = $12/legAnnual Revenues: $700 000/year

TargetMarket

InvestorsRevenues

Page 19: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Business Outlook

Planning

TargetMarket

RevenuesInvestors Competitors

Page 20: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Market Comparison

High End ModelsC-leg & RHEO Knee:

• >$30,000

•Customized designs

•Computer aided walk

•Complex functions

•Very few people can afford!

C-leg: US:300, Worldwide:2000

Page 21: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Market Comparison

Donated/Used Legs

Dr. Pearce’s design

•Low cost / free

•Uses materials found locally

•Low quality

Page 22: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Market Comparison

•$40

•Quality controlled

•Relatively comfortable

•Instant adjustment

•Long lasting

•Reliable

•Aesthetical

•$0.15/free

•No quality control

•Uncomfortable

•Cannot easily adjust

•Doesn’t last long

•$30,000+

•Complex functions

•High maintenance

cost

•$40

•Simple function

•Low maintenance

cost

Page 23: Low Cost Modular Prosthetic System Leg-O ™. Landmines

Conclusions

• We have outlined:– The tremendous need for an inexpensive and

effective prosthetic leg– A design that meets the requirements of our

patients– A feasible business plan – A survey of our potential competitors

• Leg-O is an important and worthwhile venture