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 TECHNOLOGIES
BIOMEDICAL TECHNOLOGIES
DENTAL
TOOL STERILIZER
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THE COMPANY is introducing a state-of-the-art sterilization system ("SteriDent")
for the dental office. Using an ambient temperature chemical from its daily
use cartridge, SteriDent -- on site, at the dental chair --
will fully sterilize the dental handpiece in about 14 minutes, for less than
what it costs to sterilize and refurbish these handpieces today.
SteriDent even offers computer printout
verification for insurance and record keeping purposes.
THE COMPANY is seeking $2.3 million in its fifth round of
early-stage financing to compliment previous commitments of more than
$650,000.
With only modest market penetration (3.2%) in the first
three years, THE COMPANY believes it can achieve sales in excess of $100
million and operating profits in excess of $30 million by the second year of
operation following staging years.
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Background
The requirement for periodic sterilization of instruments
leads to:
- Cost - Loss of Time: A primary cost to the
dentist is the time it takes for a handpiece to be sterilized, an average
of 45 minutes to an hour; the dentist must have extra handpieces on hand
to replace the ones that are being sterilized.
- cost of refurbishing existing Equipment: A
major problem is that the high heat "kills" the handpiece itself, which
can cost between $400 to $1000 or more each. The handpiece must be
refurbished every 6 months or so, depending on use.
- Inadequacies of Existing Autoclave Technology:
Recent evidence has emerged which demonstrates that autoclaves may not
fully sterilize the internal lumens of a handpiece.
Technology
SteriDent is based on a chemical sterilant
mixture that can operate safely and efficiently at near ambient
temperatures. Key to its effectiveness is a patented cartridge that
separately stores two components of the sterilant, allowing them to mix and
react at point-of-use only. This system provides a sterilant that has both
high efficiency and long shelf life not achievable with other
sterilants. The system offers a highly convenient, low-cost method of
assured sterilization for the dentist which:
- Uses a safe and non-corrosive chemical sterilant packaged in
convenient daily use cartridges.
- Operates at low temperature (~90ºF).
- Sterilizes the handpiece between treatment of patients, thereby
limiting the need to have extra handpieces in inventory.
- Cleans, sterilizes and dries the handpiece in a fraction of the time
required by other methods.
- Provides 100% sterilization of microorganisms like HIV, Hepatitis,
tuberculosis, bacterial spores, antibiotic resistant bacteria, and "super
bugs" such as the recently genetically sequenced pseudomonas aeruginosa.
Benefits
SteriDent Provides
- Faster turn-around time. SteriDent does not require any
preparation of the handpiece by either the dentist or the dental
assistant.
- Fewer handpieces required. SteriDent enables each handpiece to
be sterilized between patient treatments, meaning fewer handpieces to
purchase and maintain.
- Psychological benefit as patients witness the sterilization process
and thus fears of possible infection are allayed. Dentists surveyed
consider this to be an important psychological effect.
- As a point-of-patient care device, use of SteriDent limits the
handling of contaminated handpieces and eases regulatory compliance.
- Environmentally friendly. SteriDent uses chemical sterilants
that are environmentally benign and fully FDA compliant.
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Contact
Michael F Allan
First Principals, Inc.
1768 East 25th Street
Cleveland, Ohio 44114
216-881-8526 - Phone
216-881-8522 - Fax
Email: mfallan@firstprincipals.com
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