Fluid Management Systems Inc. (FMS) , a local high-tech entrepreneurial company based in Lexington, was granted a utility patent (US Patent No. 8,467,981) by United States Patent and Trademark Office (USPTO) on June 18th for a proprietary system for managing inventory through a non-invasive measurement process. Additionally, USPTO has also approved a trademark – VETrakTM - for commercial applications. FMS has several provisional and utility patents applications in the pipeline for human and animal health applications. The measurement system developed by FMS is envisioned as a system for tracking injectable medications administered at hospitals, clinics, and doctors’ offices. The technology resulting from this vision is highly adaptable and the first iteration of the vision rests with the animal health market. Dr. Somnath Mukherjee (CTO) and Ajay Das (COO), both Co-founders of FMS, are the named inventors of the issued utility patent. During 35 years of experience as an industry executive, academic, and entrepreneur, Dr. Das, CEO and Co-Founder of FMS has created and managed six research consortia and high-tech companies. Dr. Das founded and served as the CEO of Secat Inc., was Director for the Center for Aluminum Technology, was Executive Director for the Sloan Industry “Center for a Sustainable Aluminum Industry”, and Adjunct Professor of Materials Engineering, all at the University of Kentucky. He is also the founder and CEO of Lexington based aluminum and energy consulting firm, Phinix, LLC. FMS is currently implementing commercial VETrakTM units at swine farms in Illinois and Iowa. FMS is also under discussions with Lexington-based equine and pharma manufacturing companies to expand its applicability to other animal farms and human health. For more information, visit: www.fluidmanagementsystem.com or e-mail Dr. Subodh Das at [email protected] . He can also be reached at 859-619-8386.