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INGEN TECHNOLOGIES, INC.
Stock Symbol :: IGNT
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INGEN TECHNOLOGIES, INC. (IGNT)

Ingen, Inc. is an established medical device manufacturer with an emerging new medical product line for the respiratory market.
Recent Price
Market Capitalization $2M
Est Float 3.4B
Outstanding Shares 3.4B
Quotation OTC.PK

Ingen Technologies, Inc.

35193 Avenue "A"
Suite-C
Yucaipa, CA 92399


Phone: (800) 259-9622
Fax: 800-777-1186
http://www.ingen-tech.com
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Current Projects

KGMA Reels-In $1M in Government Contracts Over Next 3 Months for Ingen

Ingen Technologies, Inc., a medical device manufacturer anticipating $11M in Fiscal 2010 and another $200 million in revenues over the next five years, with an emerging new medical product line for the $4 billion U.S. and $8 billion global respiratory market, today announced that its strategic partner, KGMA Business Solutions, has submitted a proposal to move forward and capture the $1M in government sales for Ingen. Ingen has developed a strategic relationship with KGMA to field test the new Oxyview and Smart Nasal Cannula products with various VA Hospitals, Clinics and Department of Defense facilities.

   Ingen CEO Announces New GPO Contract

Ingen Technologies, Inc., an ISO Certified medical device manufacturer with an emerging new medical product line for the respiratory market worth an estimated $4 billion in the U.S. and $8 billion globally, today announced a new Group Purchasing Organization ("GPO") contract with MediGroup Physician Services. Missouri-based MediGroup Physician Services is the nation's largest GPO for the alternate site marketplace, which consists of specialty physicians and surgery centers. Ingen Technologies projects that the SMART Nasal Cannula will bring $10M in revenues, and the new INGEN Pulse Oximeter an additional $1M in revenues in 2010.



Company Overview

   Ingen, Inc. (OTC.PK: IGNT)

Ingen Technologies is a leading provider of medical products that have been designed to advance traditional medical technologies for new applications and benefits for Medical Professionals, Patients and Insurance Payors.

 The Company received ISO Certification in 2010 and has recently launched the Ingen Pulse Oximeter. In 2009, the Company added a new dimension to the respiratory healthcare market with the introduction of its new SMART Nasal Cannula Product Line, featuring exclusive Oxyview technology. The Oxyview is a patented in-line pneumatic oxygen flow meter, and since its entry into the respiratory market in late 2007 Ingen has grown to become the largest manufacturer of gravity-independent in-line oxygen flow meters.

  

 

 

 

 

 

 

 

All products are manufactured in California and available to the hospital, long term care, and home healthcare markets, with a focus on helping patients while also preventing unnecessary costs to the healthcare system. With approximately 32 million U.S. patients with Chronic Obstructive Pulmonary Disease (COPD), and 600 million patients worldwide, the overall respiratory market is worth an estimated $4 Billion in the U.S., and $8 billion globally.

All Ingen Technology products are made in California with the following features:

  • ISO 13485 certification
  • CE certification
  • FDA registration
  • Strict GMP compliance
  • State-of-the-art manufacturing equipment
  • Medical class clean rooms (Class 10,000 and Class 100,000)
  • Trained and highly skilled workforce
  • Engineering and R&D team
  • Experienced management team with strong commitment to quality, excellence, and service

Manufacturing capabilities include, but not limited to:

  • Tubing molding
  • Injection molding
  • Insert molding
  • Blow molding
  • Radio frequency (RF) sealing
  • Ultrasonic welding
  • Aseptic filling
  • Steam sterilization
  • Assembly in clean rooms
  • Form fill seal packaging
  • Laboratory testing
  • Device design & development
  • Reverse engineering
  • ETO sterilization

 

Quality Assurance Programs

Ingen Technologies has implemented and maintains an effective, stringent, and rigorous quality assurance system. Quality assurance plays a key role with full adherence to Good Manufacturing Practices (GMP) on a daily basis.

All products are manufactured in strict accordance with the GMP Regulations and ISO standards. All parts, components, and materials used in manufacturing are received, stored, and handled in a manner consistent with our high quality standards and are manufactured, assembled and packaged in air-filtered, temperature-controlled clean rooms, free from contamination. Temperature, humidity, air pressure, air filtration, and lighting are all strictly controlled to ensure uniform environmental condition and is inspected on a regular basis. Personnel sanitation rules are strictly enforced, and sanitized clothing is required for entrance to clean rooms. Measures are taken to prevent contamination of equipment, components, and finished products by cleaning agents and other chemicals. All products are stored in clean, well-maintained warehouses.

All quality audits are performed by trained personnel not having direct responsibilities for the products being audited. Audits results are documented in written audit reports, and reviewed by management responsible for the products audited. Follow-up corrective action, including re-audit of observed deficiencies, is taken when indicated.

Ingen Technologies values its commitment to quality and prides itself on its Quality Assurance Programs.

PRODUCTS

The Smart Nasal Cannula

The Smart Nasal Cannula® includes the disposable in-line Oxyview® flow meter and 7' latex free curved soft tip cannula. This offers use with up to 6 LPM of oxygen and provides superior comfort for the active user with the multitude of three channel crush resistant tubing that is comfortable for a patient with very sensitive skin or allergies. There is no other cannula like this available today. The Oxyview® flow meter provides assurance and confirms oxygen flow rate and equipment function nearest the patient where it matters the most!

Oxyview ®

Oxyview® is a pneumatic real-time oxygen flow meter for use with oxygen cylinders, concentrators and other oxygen delivery systems. This device can measure the flow rate of oxygen from 0 l/m to 6 l/m. It can be attached at all times and used to assure and measure oxygen flow rate. No batteries are required for product operation.

 

The Ingen Pulse Oximeter

The INGEN Pulse Oximeter™ is a very important and common device to check patient blood-oxygen saturation (SpO2) level and pulse rate. As a small, compact, simple, reliable and durable physiological monitoring device, the INGEN Pulse Oximeter™ greatly enhances patient care, and is for Adult and Pediatric patients. This small & lightweight design has a measurement range of 70% - 100%, and requires two AAA batteries. It has a Resolution of 1% with a measurement accuracy 70% - 100%: ±3%. Some of the features include a dual color OLED display, display SpO2, PR, Pulse bar and Plethysmogram, 6 display modes, low power consumption, automatically power off, battery-low indicator, adjustable brightness and accommodates widest range of finger sizes from pediatric to adult.

To say that we need oxygen to exist is as obvious as saying we need water. But as we all know, water can also be a destructive force. The key, of course, is having the right amount in the right place at the right time. That is just as important for oxygen, especially for those who require supplementary oxygen.

 An essential component to this remedy is aflow meter to ensure that the right amount of oxygen is being delivered, and just as important that it is being delivered at all. Regardless of the use of an oxymeter to measure blood gas, Oxyview® provides vital information related to functionality of the cannula and all of the oxygen equipment. If something is wrong with the cannula or equipment, the Oxyview® will show you immediately. This is usually achieved by a pneumatic flow meter, but most

that are currently on the market are expensive, attach at the tank, and are gravity-operated, which means that they only work in the vertical position with or without the cannula attached at the delivery source. In contrast, Oxyview® attaches to the cannula close to the patient— where oxygen matters the most. Oxyview® is 97 percent accurate and works hands-free in any position, whereas the conventional flow meter is less than 80 percent accurate and does not attach to the cannula.

 Gravity-operated devices are also inconvenient for the patient since they must keep the tanks within sight to check the gauges for flow rate. If the tank is tilted even slightly, the gravity-operated flow meter becomes even more inaccurate and may cease functioning because friction is too great. One alternative is a digital flow meter, but these may be prohibitively expensive.

 That’s why the Oxyview® flow meter (Ingen Technologies, Inc., Yucaipa, CA) is a significant advance in the technology. When first launched in November 2007, it represented a new generation of pneumatic real-time safety devices. It has some notable features: accurate to within + 3% and versatile enough to work with all respiratory equipment—CP AP, concentrators, liquid and gas cylinders, on-demand conservers and more. It is not gravity-dependent and so can be placed at any point in the tubing, even by the patients themselves. Having the device close by for easy viewing allows the patient assurance and confidence, knowing that there is a flow of oxygen at the correct level. They are also able to quickly see if the regulator or concentrator is not working properly.

 

In this day of declining reimbursement and increasing physician-patient demands, new technologies must eliminate non value-added operating costs such as frequent or unscheduled service calls. Also, increasing patient expectations mean patients want the technologies serving them to be up-to-date and user-friendly.

The need for increased business efficiency makes the Smart Nasal Cannula a new clinical and financial tool for health care providers.

Benefits to Health Care Providers

  • Reduced requests or phone calls from anxious patients and caregivers
  • Reduced unnecessary Field Service Calls
  • Cost-effective routine method for verifying the accuracy of oxygen delivery to the patient
  • Battery free operation
  • Works with all types of equipment including Concentrators, Gas or Liquid Tanks, Conservers and Pulsing Devices
  • Works in any position, regardless of vibration, gravity, humidity, temperature or sunlight

 

Benefits to Patients

  • Enhances assurance of oxygen delivery to patient
  • Enhances accuracy of oxygen delivery to patient
  • Provides peace of mind as patients feel more in control of their oxygen care
  • Acts as a potential warning for equipment malfunction
  • Caregivers can monitor proper oxygen flow quickly and easily

 

Leadership

Scott Robert Sand, Chief Executive Officer, Director
Christopher A. Wirth, Chief Operations Officer
Thomas J. Neavitt, Executive Vice President and Chief Financial Officer
Charles Vorwaller, Executive Vice President and Director of Sales & Marketing
J.R. Marple, Accounting Management
Ronald Mitchel, Certified Public Accountant

 



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