FDA Approved & Patented Nerve Monitoring Medical Device Co

Asking PriceNot Disclosed

Cash Flow
$53,129
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$202,766

Inventory$138,637
Included in asking price
FF&E$7,268
Included in asking price
Real EstateNot Disclosed

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FDA Approved & Patented Nerve Monitoring Medical Device Co


Asking PriceNot Disclosed

Cash Flow
$53,129
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$202,766

Inventory$138,637
Included in asking price
FF&E$7,268
Included in asking price
Real EstateNot Disclosed


Seller Financing Available
Business Description
Nerve Monitoring Medical Device
The Company is in search of an opportunity to sell to an organization that has the ability to acquire and to continue to fully commercialize its unique and patented nerve saving device for prostate surgery. The Company’s device has received two FDA 510K Class II clearances and has four US Patents.

The Company is focused on the development and commercialization of proven, standard of care nerve monitoring technology used in conjunction with laparoscopic and robotic assisted procedures. The Company’s device is the first & only FDA-cleared real-time nerve monitoring system for laparoscopic & robotic assisted surgery. The company’s FDA-cleared product has completed over 6,000 commercial Prostate cases. This system enables surgeons to identify critical non-visible nerves at risk during surgery, allowing the surgeon to spare these nerves.

The Unmet Need – Preserve the nerves during laparoscopic and robotic assisted surgical procedures. Surgeons generally rely on anatomic landmarks to identify which tissue to preserve in order to try to protect nerves. Anatomically nerves are highly variable within the human anatomy. Published literature confirm the path of various nerves through the body varies dramatically from patient to patient; Hence, the reasoning why Nerve Monitoring is Standard of Care in many other Surgical procedures.

Solution For Patients - Surgeons using the Company’s device have additional real-time information available during the operation that may help them reduce inadvertent damage to critical nerves, significantly reducing common side effects & recovery time of laparoscopic and robotic assisted procedures.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
Years in Operation
18
Employees
3
Market Outlook / Competition
Per CIM
Opportunities for Growth
Per CIM
About the Sale
Seller Motivation
Seeking a growth partner to fully capitalize on the opportunity.
Transition Support
Per CIM
Financing Options
Negotiable if the price and deal structure are right
Listing Info
ID
2303035
Listing Views
1094

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Business Listed by: Tom Long Pronova Partners

Listing ID: 2303035 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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