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4-Traders Homepage  >  Equities  >  NASDAQ OMX COPENHAGEN  >  Coloplast A/S    COLO B   DK0060448595

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Coloplast A/S : Patent Issued for Urine Collection Device and a Method of Emptying Urine from a Container (USPTO 9693889)

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07/13/2017 | 08:04pm CEST

By a News Reporter-Staff News Editor at Journal of Engineering -- A patent by the inventor Schertiger, Lars Olav (Fredensborg, DK), filed on October 31, 2014, was published online on July 4, 2017, according to news reporting originating from Alexandria, Virginia, by VerticalNews correspondents.

Patent number 9693889 is assigned to Coloplast A/S (Humlebaek, DK).

The following quote was obtained by the news editors from the background information supplied by the inventors: "For a large group of persons, intermittent catheterisation is a daily-life procedure that takes place several times a day. Typically, catheters for intermittent catheterisation are used by people suffering from urinary incontinence or by disabled individuals like para- or tetraplegics who may have no control permitting voluntary urination, and for whom catheterisation may be the way of urinating. Using an intermittent catheter, the bladder may be drained through a natural or artificial urinary canal.

"The availability of catheter assemblies, which are compact and discrete to transport and dispose of, in addition to being easy to use, even for individuals with reduced dexterity, significantly improves quality of life for a large group of individuals. 'Compact Female.RTM.' is a compact catheter, as described above, and is produced by Coloplast A/S.

"In some situations, a user may wish to use a catheter with a urine bag connected to it, for example when a patient in a wheelchair is unable to move from the wheelchair to the toilet. Urine bags are typically made from sheets of a foil material joined along the edges.

"The thickness of the urine bag is therefore very small, but due to the plane dimensions of the urine bag, it is rather indiscrete. The filled urine bag may be transported to the closest disposal bin or it may be emptied into the toilet. Draining the bag, however, may be difficult, due to the anti-reflux valve, so the bag has to be torn open and the urine poured out. This action may obviously easily become messy and the empty bag may be wet and unhygienic to hold in a handbag.

"Thus, there is still a need for an easy and non-messy way of emptying of a urine bag and dispose of it."

In addition to the background information obtained for this patent, VerticalNews journalists also obtained the inventor's summary information for this patent: "It is an object of the invention to provide a urine collection bag with an anti-reflux valve which is tight, but yet easy to bypass when the bag is to be emptied.

"It is yet an object of the invention to provide a urine collection bag and a method of emptying it in a clean way.

"A further object of the invention is to provide a urine collection bag that can be emptied without use of separate additional gear, such as catheters or tubes."

URL and more information on this patent, see: Schertiger, Lars Olav. Urine Collection Device and a Method of Emptying Urine from a Container. U.S. Patent Number 9693889, filed October 31, 2014, and published online on July 4, 2017. Patent URL: http://patft.uspto.gov/netacgi/nph-Parser?Sect1=PTO1&Sect2=HITOFF&d=PALL&p=1&u=%2Fnetahtml%2FPTO%2Fsrchnum.htm&r=1&f=G&l=50&s1=9693889.PN.&OS=PN/9693889RS=PN/9693889

Keywords for this news article include: Coloplast A/S.

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2017, NewsRx LLC

(c) 2017 NewsRx LLC, source Science Newsletters

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Financials ( DKK)
Sales 2017 15 780 M
EBIT 2017 5 213 M
Net income 2017 3 936 M
Debt 2017 1 053 M
Yield 2017 2,62%
P/E ratio 2017 28,79
P/E ratio 2018 25,88
EV / Sales 2017 6,82x
EV / Sales 2018 6,31x
Capitalization 106 524 M
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Mean consensus HOLD
Number of Analysts 22
Average target price 553  DKK
Spread / Average Target 2,8%
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Managers
NameTitle
Lars Søren Rasmussen President & Chief Executive Officer
Michael Pram Rasmussen Chairman
Allan Rasmussen Executive Vice President-Global Operations
Anders Lonning-Skovgaard CFO, Executive VP & Head-Investor Relations
Oliver Johansen Senior VP-Global Research & Development
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