Periodic Reporting for period 1 - In-Heal (Standardised administration device for raw medical herbs)
Reporting period: 2019-11-01 to 2020-04-30
We have developed high-end smart vaporiser for medicinal herbs. Our In-Heal device enables very efficient and precise dosing of useful ingredients by vaporising valuable active ingredients from raw herbs directly, without the emission of any harmful compounds as opposed to combustion (e.g. e-cigarettes).
We have upgraded our temperature control system and improved our hardware components. We defined the regulatory strategy and the documentation for regulatory compliance. We made a detailed design for pre-clinical experiments, including safety and biocompatibility studies, pulmonary human toxicity and efficacy evaluations. We made a detailed plan for the clinical validation focusing on ethical and legal issues of the validation studies.
We carried out a detailed novelty search with the help of a patent attorney. An IPR strategy was formulated for the different results of our activities.
We refined our business plan, to determine the financial need for our commercialisation our product.
Finally, we made a detailed plan for an EIC Accelerator proposal.
The In-Heal device will open up a new market segment within the medical cannabis market as a certified medical device enabling safe, efficient and precise dosing. Furthermore, the success of this project will in particular boost the growth of our company.