Medical Products Company
Background Medical products company with new technology Attempting to raise capital Experienced founders/management Not broad experience major market segment Needed to increase sales significantly in a competitive market Reimbursement rules changing in United States market Certain key regulatory and reimbursement hurdles had to be addressed Activities Assisted with strategy for expansion in U.S. market Introduced…
Background
- Medical products company with new technology
- Attempting to raise capital
- Experienced founders/management
- Not broad experience major market segment
- Needed to increase sales significantly in a competitive market
- Reimbursement rules changing in United States market
- Certain key regulatory and reimbursement hurdles had to be addressed
Activities
- Assisted with strategy for expansion in U.S. market
- Introduced company to prospective U.S. distributor, licensor and/or acquirer
- Introduced company to European company with large distribution footprint in Europe
- Introduced company to potential partner for distribution in Asia
- Spoke with potential investors regarding the science behind the general technology and published market projections
Results
- Company negotiated European deal
- Key regulatory and reimbursement hurdles have been addressed