Perpetual Global License For Back Pain Solution

Edina, MN (Hennepin County)

Perpetual Global License For Back Pain Solution

Asking Price:$13,000,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:N/A

Perpetual Global License For Back Pain Solution

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Business Description

Exclusive Ownership of Life Changing Technology World Wide

BioMagnetic Sciences, LLC has developed proprietary and patented breakthrough technology for alleviating low back pain long term. The technology is based on thermally assisted, pulse electromagnetic field (PEMF) therapy, and is ready for market. A perpetual, worldwide license with a complete marketing plan and distribution channel strategy is being sold to market this technology.

Detailed Information

Facilities:
PEMF has been studied for over 30 years with over 10,000 peer reviewed research papers, and multiple, double blind clinical studies published. PEMF devices have been approved by the FDA for broken bone fusion and wound healing. The founders of BioMagnetic Sciences have developed NovoPulse®, a non-invasive, non-pharmacological, safe and effective form of thermally assisted PEMF for long term pain management of back pain. This is the only company to solve traditional PEMF issues of Amplitude, Orientation, and Dead Zone and have coupled these breakthrough technologies with thermally assisted stimulation to offer the most advanced and effective therapy for back pain available today.
Competition:
Medications, surgery, supplements, joint injections, tissue engineering, ultrasound, acupuncture, and other 1st generation PEMF devices are the “competition” for therapy paths. NovoPulse® is a non-invasive, self administered technology offering lasting pain relief. It is light weight, easy to use, and FDA-listed. The complete marketing plan includes distribution channels through chiropractic practices to help sell this new technology to the end user, providing significantly increased income potential to the participating chiropractors.
Growth & Expansion:
The marketing plan projects growth through domestic markets, but could be expanded easily for global success. Multiple testimonials are available for inspection that illustrate the device's success and potential market value. “The ‘ghostbusters vest’ keeps me going. I definitely feel the soreness from an NFL season if I don't make the vest a part of my daily routine”. Zach Line, Minnesota Vikings
Support & Training:
26 weeks
Reason for Selling:
Development & expansion of other joint remedies

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Scott Hislop

Business Listed By:
Scott Hislop

Transworld Business Advisors of Minnesota

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