StraightGait is a Neuromuscular & musculoskeletal medical device. It will be distributed through multiple channels both foreign and domestic. The company is currently developing its patent-applied technologies to a final product and approval stage. It is also seeking to establish its corporate identity in the field of medical devices. Growth strategy calls for one joint venture license as well as the following objectives:
- Complete the patent process.
- Establish corporate identity, brand names, and trademarks.
- Establish a medical advisory board.
- Build staff, infrastructure, and retain consultants for trial and compliance issues.
- Continue R&D and product development.
- Explore options for 2nd round financing (venture capital, corporate alliance, licensing, and public offering) to maximize value to shareholders.
Management believes that an accelerated FDA approval process will be available on the neuromuscular & musculoskeletal device since it involves only modifications on an existing and approved devices. There is past precedent in 510k approvals (in an average of 3 months) in documented cases.
Podiatric Devices are a Growing Market
29 HaMered Street
Tel Aviv 68125, ISRAEL
Tel: +972-77-5060-240
Tel: +972-77-5060-240
Email: office@straightgait.com
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