Laparoscopic Surgical Medical Device Patent US 8,696,649 B2

Glencoe, IL (Cook County)

Seller Financing Available
Laparoscopic Device
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Asking Price: Get Financing: $1,200,000

Established: 2014

Laparoscopic Surgical Medical Device Patent US 8,696,649 B2

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Asset Sale Description

This device was designed by Reuben Margoliash in Glencoe, Illinois in 2014 at a cost of over $400,000 plus approximately $400,000 in research and design.

This device is unique in two ways. The first is that the handle can be easily reconfigured to multiple positions, pistol grip, intermediate and inline with a simple push button without having to remove from the patient or change instruments.

The second is that the surgical tools such as scissors, graspers, and needle holders can be interchanged without removing the surgical instrument from the patient. This is made possible by use of a tool drum that the shafts with surgical tools can be passed through.

There is no direct competition as this is a patented design.

According to Quara, there are approximately 15 million laparoscopic surgeries performed per year.

This sale is for the patent rights only. The asset is prerevenue and has not been mass produced.

A fully functional reuseable preproduction sample has been completed. A disposal version may be developed to create recurring revenue.

Seller not interested in any offers that do not include substantial down payments.

Demonstration videos are available.

Attached Documents

Detailed Information

home based
Seller is open to creative structures
Support & Training:
Seller will assist in transition and may be available for long term consulting.
Reason for Selling:
Lacks capital to bring to market.
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Jeff Snell, CM&AP, M&AMI, LCBI, ABI

Asset Sale Listed By:
Jeff Snell, CM&AP, M&AMI, LCBI, ABI

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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