Canadian FDA Approved Medical Device for Dysphagia Sale
Business Description
Medical Device for Dysphagia
The Company is in search of buyer that will fully commercialize its unique and patented biofeedback device for the treatment of dysphagia. Dysphagia is a common and costly problem. Effective solutions include intensive swallowing exercises, but solutions include intensive swallowing exercises, but these are rarely completed by patients with the intensity and frequency prescribed. Untreated or under-treated dysphagia results in poor health outcomes for patients such as dehydration, malnutrition, placement of feeding tubes, aspiration pneumonia, depression and death. These outcomes translate into increased healthcare costs such as repeated hospital admissions, longer stays and more frequent medical follow up.
The Company’s device has received FDA 510K Class II clearance and has both US and Canadian patents. The Company currently has 77 institutions using the device and there are an additional 14 companies in the pipeline. It is the only FDA cleared device capable of Real Time Monitoring used for dysphagia.
NDA is required {SUBMIT BELOW} for executive summary crafted by ProNova Partners.
The Company’s device has received FDA 510K Class II clearance and has both US and Canadian patents. The Company currently has 77 institutions using the device and there are an additional 14 companies in the pipeline. It is the only FDA cleared device capable of Real Time Monitoring used for dysphagia.
NDA is required {SUBMIT BELOW} for executive summary crafted by ProNova Partners.
About the Business
- Years in Operation
- 2
- Number of Employees
- 1
- Facilities & Assets
- Portable worldwide.
- Market Outlook / Competition
- In CIM / NDA required.
- Opportunities for Growth
- Primed for growth with the Buyer.
About the Sale
- Seller Motivation
- Other business interests.
- Transition Support
- As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
- Financing Options
- TBD if structure and terms are acceptable.
Listing Info
- ID
- 2292233
- Listing Views
- 954
Listing ID: 2292233 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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