These are the details for the profile UK-based SME is looking for commercialisation partners, such as resellers, for its novel back pain relief medical device.
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A UK-based SME has developed and is manufacturing a clinically proven medical device for the drug free, non-invasive relief of low back pain. The device is currently on the market in the UK and Germany and the SME is now looking for resellers with expertise in the medical device field to help launch their device into new markets. The partnership is envisaged as commercial agency agreements and/or services agreements with these partners.
A UK-based SME, set up in 2010 by the owner, has designed and is manufacturing an innovative device for the relief of low back pain. Back pain is the second highest cause of disability in western society with an estimated 250 million sufferers in the EU and US alone. Many of these cases are simple mechanical low back pain caused by factors such as poor posture, the occupation of the individual or their recreational activities.
The UK-based SME has designed and manufactured an innovative device for the relief of such lower back pain. The SME's device offers an easy to use, drug free and non-invasive way to relieve low back pain by using passive gravity assisted traction. This device underwent independent clinical trials in 2014 and was found to be significantly more effective than the treatment stated in current UK National Health Service standard guidelines set by the National Institute for Health and Care Excellence (NICE).
The device is currently on the market in the UK and Germany and the SME is now looking for partners to help them to enter new geographical markets with the USA a particular region of interest. The company is especially looking to partner with resellers with experience or expertise in the healthcare sector. The SME is looking to market their device into the manual healthcare professionals, or consumer health product sectors. The partnership is envisaged as commercial agency agreements and/or services agreements with these partners.
Only device of its type supported by clinical research.
• Significantly more effective than UK NHS (NICE) current treatment guidelines.
• Can be used in the treatment room or by patient for self treatment.
• Medical or consumer market potential.
• Very easy to use – only requires a few minutes per day.
• Patients generally see benefit within two weeks.
• Drug free and non invasive.
• Completely portable, requiring no power supply.
The UK-based SME is looking for resellers to enter into a commercial agency agreement or services agreement with. The partner will be expected to provide commercialisation services to help launch the SME's device into new geographical markets, in particular the USA, with the focus on healthcare professionals and consumer health product sectors. The partner should have experience or expertise in the medical device field.
The device is registered with the UK Medicines and Healthcare products Regulatory Agency (MHRA) and is CE-marked.