BI Medical, LLC

Coventry, RI 02816, US
Medical Devices & Equipment
www.bimedical.org

Apocrine™ Prosthetic-Skin Interface forms a protective barrier between an amputees's limb and the prosthesis. It reduces the skin irritation and odor that accompanies many prostheses thereby significantly improving an amputee's quality of life.

BI Medical, LLC is a FDA registered medical device company targeting the 8M orthotic and prosthetic (O&P) users in the US. BI Medical was incorporated in the State of Delaware in 2016 and operates out of its headquarters at the 141,000 square foot, BioSci Labs in Coventry, Rhode
Island. Drawing upon many years of medical device experience, the management team, scientists and industry collaborators, introduced Apocrine Interface, in 2018 to address long felt needs among the amputee population. This Class I, FDA listed device is manufactured in an ISO 13485
cleanroom facility and currently available for sale through Cascade, the largest US O&P distributor. This applicator-based product is being followed up with two spray versions targeting the larger brace and orthotic markets. BI Medical's patented line of applicator and spray coatings address
bacterial and fungal issues responsible for skin irritation, pain and odor associated with prosthetic liners, braces and pediatric helmets. The technology has been validated by extensive research and published scientific studies conducted by collaborators at Brown University, the
Providence VA Center for Restorative and Regenerative Medicine and Rhode Island Hospital demonstrating safety and efficacy. The company's mission is to be the Standard of Care for orthotic and prosthetic treatment. Using the Apocrine technology, BI Medical believes that it can
significantly improve a patient's quality of life, mobility and health while providing a high level of profitability for its investors. The first key hire will be the VP of Marketing with demonstrated DTC marketing experience. A potential individual has been identified.

General Information

 
 
 
 
 

Social Links

Company Industry

Select Industry:

Company Description

0 / 250
 
0 / 2000
 

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue
Company Age Employees Sub-Industry
3 years, 3 months 5 Other Medical Devices & Equipment
Company Type Stock Exchange Stock Symbol
Privately-Held - -

Company Financials

Viewable by EquityNet investors only

Company Age & Size

Stock Exchange

Is this company privately-held or publicly-traded?

Products / Services

0 / 1000
Apocrine™ Orthotic & Prosthetic Care Products

Apocrine™ Prosthetic-Skin Interface is a unique formulation of silver and titanium to treat irritation, odor and bacterial colonization common to many prosthetic liners. Unlike creams, deodorants and impregnated materials, Apocrine successfully treats liners through 3 modes of action. First, the sponge tip applicator physically removes debris and bacterial by-products. Second, it deep cleans by penetrating into the pores and interstices. Third, it creates a flexible thin film that chemically bonds forming a long lasting protective physical barrier.

Apocrine Silver will be launched in Q2, 2019, to address similar issues in orthotic devices such as braces. Formulated as a spray, Apocrine Silver kills odor and protects the device from bacteria and fungal by-products.

Apocrine Cleaner will be launched in Q4, 2019, for orthotic devices where skin sensitivity is critical such as pediatric cranial helmets. It removes microbial by-products and debris and provides long lasting protection.

Management

0 / 1000
Chief Executive Officer
Mark Roby, PhD

Mark Roby, Ph.D., MBA
Mr. Roby has over 35 years of experience in the medical device industry developing and commercializing products. He has held executive positions at Davol, Medtronic and U.S. Surgical including general management, Marketing, R&D, Operations, Clinical and Quality.

Chief Operating Officer
Elizabeth Stone, MBA

Ms. Stone is experienced in managing operations, business development, marketing, product commercializing and creating strategies to improve productivity and efficiency. She has helped numerous businesses grow and develop into thriving organizations through consulting, mentoring, and as a board advisor.

Chief Financial Officer
Steve Sandler

Mr. Sandler started out as a CPA then founded and owned his own marketing communications firm which served clients such as Boston Scientific, J&J and early-start-ups. Mr. Sandler was the founder and president of SRK Group and VMARK Associates that were leading marketing strategy and communications firms serving the life sciences industry and other clients. Earlier in his career, Mr. Sandler served as the CFO of Research Media, Inc. a company that developed product launch programs for pharmaceutical firms. Prior to that, he was the CFO of National Information Services, a publicly held minicomputer systems company.

Vice President Quality Assurance
Tom Hutchinson

Mr. Hutchinson, VP Quality/Regulatory, has over 35 years of experience in both industry and academic medical products development and commercialization. He has guided the development, manufacturing, market authorization, and launch of medical products in every major global market including those at Hygeia Sciences, Becton Dickinson, Pharmacia, Pfizer and CR Bard.

Investors / Lenders

Add investors/lenders that are already on EquityNet by typing their name and then selecting them from the drop-down.
Add investors/lenders that are not yet on EquityNet by typing their name, selecting "Add a New Investor", and filling in additional information.

Invested Amount:
Individual Investor
mark roby

I'm an individual investor from Rhode Island. I'm interested in pre-revenue and post-revenue companies from all industry sectors.

Invested Amount:
Individual Investor
John D. Jarrell, PhD, PE

I invest in medtech and engineering startups. I have an incubator in Rhode Island designed to help commercialisation and scale up. We have private lab spaces, engineering, regulatory and business consulting resources.

Funding

To find out if this company and others are accepting funding, .

Funding Goal

Funding Raised So Far

Funding Commitments

Funding Remaining

Funding Type

Pre-Money Valuation

Investor Ownership

Interest / Dividend

Previous Funding

General Funding

Showing your General Funding information publicly may constitute general solicitation. General solicitation is a new commonly-used way for companies to raise funding. To learn about general solicitation, consult your legal counsel. If you uncheck this box, your General Funding information will be viewable to only EquityNet investors.

Private Funding

Viewable by EquityNet investors only

Video

BI Medical, LLC Image 1
BI Medical, LLC Image 2

Images

Documents

Complete a Business Plan in EquityNet

Your EquityNet business plan is only viewable to capital providers and business supporters that you choose to share with in the “Crowdfund” or “Messages” tab. Investors prefer an EquityNet business plan. Entering a plan is highly educational and improves your appeal to investors.

Upload Documents

Document file names will be viewable by EquityNet investors and business supporters only. Actual documents are only viewable to capital providers and business supporters that you choose to share with in the “Crowdfund” or “Messages” tab.

Share Your Public Profile Page

Users who follow all these tips increase their fundraising odds substantially.

  • Email your public page to all your LinkedIn contacts.
    • Post your page to your LinkedIn profile page.
  • Email your public page to all your Facebook contacts.
    • Post your page to your Facebook profile page.
  • Email your public page to all your Twitter contacts.
    • Post your page to your Twitter profile page.
  • Put your public page up on your website.
    • Don't have a website yet? Use this page as your site!
  • Share your page link anywhere there's a listing for your company.
    • Press Releases, Crunchbase, Wikipedia, Blogs, etc...
  • Email your public page to all your email contacts.
    • Use Outlook, Gmail, Yahoo Mail, Hotmail, etc...

Your Public Profile Page:

Would you like to share your public profile page with your email contacts?