Medical Device Company

Jupiter, FL (Palm Beach County) (Relocatable)

Seller Financing Available
Medical Device Company

Asking Price:N/A

Cash Flow:N/A

Gross Revenue:$1,048,000





Medical Device Company

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Business Description

Product treats horses with potential expansion to human use

Cytowave LLC of Jupiter, FL (“Company”) has developed a medical device that has been successfully commercialized for use in the equine industry and has great potential in the human market. The Cytowave Equine Therapy accelerates the injury recovery process for tendon and ligament injuries from 10 months to as little as 5 weeks. It uses a non-invasive treatment that excites natural healing mechanisms by inducing an amplified version of the body’s own electromagnetic signals into the injury site. The Company believes that the treatment significantly reduces inflammation and that similar results will occur when human testing is done. The Company has received endorsements from several nationally recognized horse trainers. Through rentals and sales, its product treated approximately 100 horses in 2015. This technology is protected by U.S. Patent #7,361,136 which was issued in 2008.
While the Company is not currently seeking FDA approval, it believes that a properly structured human trial for treating carpel tunnel syndrome would show promising results.

Detailed Information

The Company rents approximately 1,500 sf of office and warehouse space in Jupiter FL.
There are 9.2 million horses in the U.S. and 3.5 million of those are classified as Performance Horses. Approximately 11% of those Performance Horses will suffer tendon and ligament injuries each year, equating to almost 400,000 horses. At an average treatment cost of $3,000 per injury, the potential market size in the U.S. is $1.2 billion annually. Unlike competing devices, Cytowave is a non-invasive therapy and can be administered directly by the horse owner in 45-minute treatments with or without involvement of a veterinarian.
Growth & Expansion:
The Company has begun development of a smaller device that could be used to treat similar medical conditions in dogs or cats. The Company believes that its technology could be used to treat humans with the proper clinical testing and approvals.
Support & Training:
The owner is willing to work with the buyer to provide a smooth transition for all parties.
Reason for Selling:
Owner is retiring
Business Website:

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Business Listed By:
Richard Ogden

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