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Entrepreneur - New Business
Looking for Angel Investment for medical device
Posted by:
Evgeni Kosakovski
on 7/31/2012 1:22:39 AM
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Funding Needed
:
Above $1mil
Category:
Healthcare & Medical / Pharma
Website :
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Location :
Afula,
All,
Israel
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Description:
We have developed an innovative technology to prevent the on come of the complications arising from diabetes, which grants a healthier and longer life.
We invite you with our help to grant a better quality of life and longevity to 220 million people the quality of whose life is impaired. Together we can change their present situation and build a healthier future for for coming generations. Coping with diabetes is neither easy nor short term.
The principles of the way the device works is based on long-term research over a number of years by doctors and researchers in the field and also on the considerable experience of the doctor who helped with the development of the device.
The device works on the principle that a number of things are happening during the treatment in the patient's body:
1. Self regulation
2. Cleaning of toxicants
3. Self- recovery of the organs
4. Prevention of complications by the diabetes
The size of the device is no larger than that of a box of matches. The device functions automatically without any intervention by the person undergoing treatment and the most complicated action required is the charging of the battery once every 3-4 days.
TARGET MARKET
More than 220 million people world-wide who suffer from diabetes. By the year 2030 more than 366 million people will be suffering from the disease.
MARKET NEED
Diabetes is a chronic disease without a cure. As of today no treatment for the prevention of the complications arising from diabetes exists.
THE DEVICE FOR THE PREVENTION OF COMPLICATIONS ARISING FROM DIABETES
The treatment given by the device prevents the appearance of complications arising from diabetes.
It is a process which is an integral part of the sum of the processes required in order to maintain the ideal balance between the disease and the quality of the health of the patient.
There is no restriction on the use of the device even if the patient suffers from additional diseases or takes any sort of medicine. The use of our device opens up for the person being treated new possibilities, both in regards to their health and their financial standing.
The device is intended for home-use arising from its miniature dimensions, its ease of use and relatively low price. There are no other similar devices available at present.
TIME TO MARKET
15-18 months
MARKET SIZE
Objective (1%) Positive (75% of those suffering from diabetes)
US-$750 million $4.5 billion
WW-$1.5 billion $90.5 billion
INVESTMENT REQUIRED
$3.1 million
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