Patented Med Device 4 In Office Hemorrhoid Removal

BAYVILLE, New Jersey

Asking Price	$20,000,000	Year Established	2015
Annual Revenue	$123,045	Reason for Selling	Owners wish to move on to other projects.
Annual P/L		Attention	Rick Carlson
Annual Cash Flow	$14,485	Listing Number	582095
# of Employees	5	Business Category	Services: Medical, Dental

Business Overview:

Our client is offering a next generation, patented medical device for the treatment of internal hemorrhoids. The procedure is painless, non-invasive, requires no anesthesia, is conducted in under 2 minutes, and can be performed in any medical setting: a doctor’s office, a surgery center, an endo suite, or a hospital.

Our client’s product is a small, disposable, medical device that eliminates hemorrhoids. A physician uses this device by deploying a tiny rubber band on the base of the hemorrhoid. This procedure is known as rubber band ligation, and it is the #1 recommended treatment for internal hemorrhoids by the American College of Gastroenterology. Patients no longer need to use ineffective creams or receive painful, invasive surgery. Our client’s device offers a permanent solution for their hemorrhoids.

The device is currently manufactured in the USA through an FDA approved, ISO 13485 contract manufacturer, who specializes in medical devices. The device is sold directly to physicians of different specialties, including gastroenterologists, colorectal surgeons, GYNs, urologists and primary care physicians. The biggest targeted audience are gastroenterologists.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Features and Assets:

Outlined in CIM.

Market Competition and Expansion:

Growth & Expansion: Nearly half of adults over the age of 50 will develop symptomatic hemorrhoids. In the U.S. alone, an estimated 60,000,000 people have experienced hemorrhoid symptom(s) at some point in their lives. Annually, over 20,000,000 people in the U.S. use an over-the-counter hemorrhoid treatment and 75% report a reoccurrence. These patients no longer need to use ineffective creams or receive painful, invasive surgery. Our client’s device offers a permanent solution for their hemorrhoids.

Additional Details: