VEN5186

Patented Range-of-Motion Medical Device Targeting Joint Replacement Patients

Southwest US
 

A start-up company that has developed, patented, manufactured, and distributed a proprietary medical device used to accelerate and aid physical therapy for patients following major joint surgery or injury.

Key Aspects:

  • Patented medical device proven to be effective in clinical studies
  • Early-stage company with large growth potential.
  • Created and backed by physical therapists and orthopedic surgeons
  • 83% gross profit margin per unit sale
  • Aids recovery at roughly twice the speed of current recommended treatments
  • Proven effective in reducing costs and recovery time according to Medicare Bundled Payments for Care Improvement Initiative (BPCI).
  • Strong industry connections in healthcare and health administration fields
  • Product soon to be featured for distribution on Amazon

    Opportunities:

    • Expand operations throughout the state of Texas, and begin distributing product on a national level
    • Partner with physical therapy or knee implant companies to package products and services
    • Expand sales team to create and expand brand and product awareness
    • Fund further studies to demonstrate product's effectiveness
    • Combine with other medical device distribution companies to create a synergistic portfolio
    • Create service contracts with hospitals, medical offices, and medical device distributors to sell product to a wider audience
       
       
       
      Year End 12/31/2018 12/31/2019 12/31/2020 12/31/2021
      Actual Projected Projected Projected
      $'000 $'000 $'000 $'000

      Revenue 96 227 1,339 4,919

      Units Sold 263 628 6,130 25,616
       
      Bids Invited