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Technology Push vs. Market Pull - CiPoC

Technology Push vs. Market Pull - CiPoC

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It’s not just the science…<br />

Unsuccessful <strong>Technology</strong> (Reinvention) <strong>Push</strong>….<br />

Pelikan Technologies, Inc. – An HP Diagnostics (Agilent) Spinout from 2001…<br />

…liquidated as of 28-09-2011<br />

VS.<br />

• Hi-tech Pelikan Sun electronic lancet<br />

• $100 M Development Cost<br />

• $200 for instrument (not original price!)<br />

• $15 for 100 lancets (2 wheels) –<br />

15 cents per piece<br />

• Low-tech standard blood lancet<br />

• Development Cost<br />

• 100 lancets for $4.10 (4.1 cents<br />

per piece on Amazon.com!)<br />

“…(The) Children with Diabetes web site has a number of user reviews on<br />

this product. Most said it was not worth it, that the lancets are on a wheel<br />

and cannot be used twice, that the tester is large and not as easy to use as<br />

most blood testing devices. The positive comment is that it is virtually pain<br />

free. I test 6-8 times per day and have never developed calluses, infections<br />

or bruises on my fingers, so some of the marketing claims for the Pelikan are<br />

really BOGUS”….<br />

<strong>CiPoC</strong>

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