Non-Invasive Medical Device that Solves low Back Pain For Sale

Industry Overview

• The cost of Low Back Pain (LBP) worldwide is hundreds of billions of US dollars annually.
• Causes of LBP are multifactorial and for the most part undiagnosable, but one of the main diagnosed causes is disc disease.
• Historic treatment of LBP using decompression of the intervertebral space has proven effective at relieving LBP.
• A “get up and go” (ambulatory) modality in conjunction with treatments such as traction and/or various chiropractic therapies are considered the most efficacious LBP treatments.
• Although it is widely accepted that spinal unloading intervenes in the degenerative cycle of the spine there are no devices that offer full time ambulatory spinal unloading without contraindicating muscle atrophy.

Business Description

• Device is a non-invasive, ambulatory, pneumatic, lumbar unloading orthoses made exclusively of soft and supple materials. Degree of unloading is user adjustable affording continuous levels of comfort. It is designed to be used during the normal daily routine. Its unique design and construction minimize impacts on flexibility and motion.
• Device’s unique modality for the treatment of LBP intervenes in the daily degenerative cycle. As well, the devices unique construction allowing flexibility and motion provide muscles an opportunity to exercise and rejuvenate in a pain free environment.
• Lumbar unloading produced by the device reduces LBP in patients whose diagnosis is specific to disc hernia and/or radicular involvement and also for a large percentage of patients with non-specific LBP.
• The unique design and function of the device increases total daily regenerative time, facilitates exercise and strengthening of muscle groups associated with lumbar support and movement, allowing an early return to normalcy.
• A study of the device by world-renowned Cleveland Clinic showed unloading of the lumbar region of the spinal column in patients wearing the device with other positive outcomes such as improved lordosis, accompanying reduction in back pain and increased mobility.
• The study also showed that participants on average had an 18.6% reduction in low back pain while wearing the the device with one experiencing a 52% reduction of pain. And, two weeks after wearing the device patients continued to enjoy an average 23.6% increase in mobility.
  
  
  

Investment Rationale

Opportunity to sell the device direct-to-consumer, to practitioners, specialty retail etc.

Transaction Information

Owner is selling 100% of the rights for the product. Included in the acquisition:

• Intellectual Property
• Patent Application
• Product Know How
• Proprietary Formula
• Manufacturing Insight
• Cleveland Clinic Medical Study,
• Marketing materials
• All learnings associated with the conception, development, testing and marketing of the product.

To confirm this is a ground floor opportunity for an entrepreneur to come in, set up manufacturing, brand the product and create & execute a go to market strategy.