bovie medical corporation
DESCRIPTION
TRANSCRIPT
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- 2.
- This presentation may contain some forward looking statements, particularly regarding operational prospects in 2009 and beyond, which involve a number of risks and uncertainties that could cause actual results to differ materially. These risks are listed from time to time in the Companys SEC filings.
- 3. BOVIE = ELECTROSURGERY
- Surgical instruments in the OR that are related to electrosurgery are called by the name BOVIE.
- Branding the Bovie name within the medical community
- Over 32 million surgical procedures in U.S.
- 4. High & Low Temperature Cauteries
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- Targeted towards the Gastroenterology market.
- Over $150 million market including accessories growing 7-9% per year
- 13,000 operating centers
- Icon platform provides the basis to develop customized generators for other specialties (ex. Oncology $200 million).
- 7. Bovie Electrosurgery Tissue Resection (SEER, BOSS) Instruments (MEG and Polarian) ICON GS Generator and handpiece (J-Plasma)
- 8. SEER Tissue Resection Device
- Saline Enhanced Electrosurgical Resection
- Delivers RF current & sterile saline for resection and coagulation
- Lowers blood loss, procedure times and cost savings for hospitals
- Liver, pancreatic, kidney tumor removal
- Received FDA 510(k) clearance Feb. 2009
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- 10. BOSS Tissue Resection Device
- Bipolar Orthopedic Surgical Sealer
- Orthopedic and laparoscopic surgeries
- Hip, knee and spinal fusion surgeries
- Estimated over 1 million procedures performed annually
- Projected to grow 5% per year
- Subject to 510(k) application
- Estimated $500 million worldwide market for tissue coagulation
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- MEG/Polarian Instrument Lines
- The only product that may compete in three markets and address all areas of minimally invasive surgeries:
- Arthroscopy Instrument Market $200 million Laparoscopy Instrument Market $300 million
- Vessel Sealing Market $500 million
- MEG line received 510(k) clearance 2008.
- Polarian Vessel subject to FDA 510(k) clearance.
- 12. MEG Line of Instruments
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- Arthroscopy Instrument
- Market research indicates little to no innovation from top five companies in this space over the past 15 years.
- Can dramatically reduce cost to the end user.
- The only arthroscopy instrument with a flushing port for cleaning.
- One tip design can replace multiple instruments.
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- Laparoscopy Instrument
- Handle accepts inserts from 2mm to 12mm
- Cancelable ratchet feature can be activated either left or right handed.
- Ergonomic handle reduces fatigue and creates more leverage.
- Modular design can significantly reduce cost
- Metallic handle is electrically isolated to increase instrument life.
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- Vessel Sealing Instrument
- Only modular designed laparoscopic VS instrument
- Handle can accommodate both open and laparoscopic instrument tips.
- Seal and Cut design.
- Can be used with existing vessel sealing generators or user can gain enhanced benefits with Bovie generator.
- Significantly reduces costs.
- Largest (total market size $500 million) and fastest growing (10-15%) segment with highest margins.
- Subject to FDA 510(k) application
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- Ergonomic
- 360 Rotation of cartridge
- Electrode quick attachment detachment
- Can be controlled by three triggers:
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- Jaw trigger
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- Coagulation + sealing trigger
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- Powered blade trigger
- 17. Suitable for a variety of endoscopic Bipolar AND Monopolar
or Inert applications like
- Vessel Sealing
- Laparoscopy
- Endo GYN
- Arthroscopy
- Urology
- Thoracic Endoscopy
- Sinoscopy
- and many other open surgery adaptations
- 18. ICON GS Plasma System
- J-Plasma is formed by holding a sharp conductive point at High Voltage and High Frequency, over which an Inert Gas, such as Helium, flows .
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- 20. ICON GS Plasma System
- Produces a stable thin focused beam of ionized helium gas
- Provides minimal invasiveness and precision
- No conductive currents during surgery
- Highly localized effect
- Minimal collateral damage of healthy tissue
- Absence of return electrode and grounding issues
- Wide range of power control
- Independent control of beam power (Heating) and helium flow rate (Cooling)
- Subject to FDA 510(k) clearance (application filed March 2009)
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- 22. Contact Information
- Bovie Medical, Inc.
- Suite 207, 734 Walt Whitman Road
- Melville, NY 11747
- 800-888-4999
- [email_address]
- www.boviemedical.com
- Buttonwood Advisory Group, Inc.
- 15705 Framingham Lane
- Huntersville, NC 28078
- 800-940-9087
- [email_address]