Registration Address

Israel

Industry  (energy saving and environmental protection, new energy, mobile Internet, consumer goods, creative culture, high-end equipment manufacturing, IT, life sciences, modern services, modern agriculture, new materials, others)

Life Science, Medical Devices

Project Description

The product is a unique prostatic reshaping device designed to treat lower urinary tract symptoms due to BPH.

The device is based on unique, pre-shaped (open ring) implants and a dedicated delivery system. Its nitinol implants are placed inside the enlarged prostate tissue, where they expand the obstructed area and prevent long-term contact with urine (as opposed to stents).

The product is positioned to be the treatment of choice for men with moderate to severe BPH symptoms, who have tried drugs and wish to avoid surgery. Treating BPH with the product is minimally invasive, can be performed on an outpatient basis, and provides immediate relief.

·         It’s safe: Preserves the urethra, thereby minimizing risk of adverse events and preventing complications associated with traditional surgery and other minimally invasive solutions

·         It’s short: Procedure takes a few minutes and is very cost effective

·         It’s simple: Easy-to-learn procedure with a short learning curve

·         It improves the quality of life: Gives immediate relief, quick recovery, and no hospitalization

Date of Establishment

8/2010

Revenue of Last Year ($)

NA

Operating Profit  of Last Year ($)

NA

Core Competence

Safe -  Preserves the urethra, thereby minimizing risk of adverse events and preventing complications associated with traditional surgery and other minimally invasive solutions

Simple -  Easy-to-learn procedure with a short learning curve

Short -  Procedure takes a few minutes and is very cost effective

Improves the quality of life -  Gives immediate relief, quick recovery, and no hospitalization

Number of Employees

3

Capital Structure

Equity

Does the company hold patent?

Yes - 3 patents

Patent #1 Description

Name

METHODS AND DEVICES FOR URETHRAL TREATMENT

Application No.

13/257,651

Type

US NP

Granted Date

NA

Application Date

21/03/2010

Patent Holder/Applicant

The Company

Patent #2 Description

Name

METHODS AND DEVICES FOR URETHRAL TREATMENT

Application No.

IL2012/050094

Type

PC

Granted Date

NA

Application Date

15/03/2012

Patent Holder/Applicant

The Company

Patent #3 Description

Name

METHODS AND DEVICES FOR URETHRAL TREATMENT

Application No.

61783257

Type

Provisional

Granted Date

NA

Application Date

22/04/13

Patent Holder/Applicant

The Company

Project Requirement

Capital Requirement ($)

$2,000,000

Purpose of  Financing

Expand clinical experience, regulatory approval