Forgot your password?

Forgot your username?

database > company
Regenesis Biomedical
Medical Devices & Tech
1435 N. Hayden Road
Scottsdale, AZ 85257 USA
phone:877-970-4970
fax:866-857-8792
Symbol Private
Founded 1997
Employees 55
www.regenesisbiomedical.com
Research Sector Medical Devices & Tech
Summary Description
Noninvasive regenerative medicine products
Management
Virginia S. Rybski, President and Chief Executive Officer; Dennis Genge, Vice-President and Chief Financial Officer; Richard A. Isenberg, M.D., Vice-President of Clinical and Regulatory Affairs; Scott Robey, Vice President, Marketing; Tom Eisiminger, Jr. Vice President, Sales
Keywords
provant therapy system, durable medical equipment, medicaid services, CMS, DME

Comment | Printable Version | Modify profile |
Updated: Nov. 22, 2011

Description
Regenesis Biomedical Inc. is a privately held medical technology company focused on developing and marketing noninvasive regenerative medicine products. Regenesis developed, patented, and now markets the Provant Therapy System, that delivers pulsed and modulated radio-frequency energy that triggers cellular rejuvenation and stimulates healing and is indicated for the palliative treatment of post-operative pain and edema in superficial soft tissue. Their customers include health care facilities and providers that serve patients being treated by acute care hospitals, long-term acute care hospitals, skilled nursing facilities, rehabilitation centers, home health care agencies, and wound care clinics.
Products / Services
Regenesis developed, patented, and now markets the Provant Therapy System.
Technology / Differentiation
Pulsed and modulated radio frequency energy that triggers soft tissue cells to replicate and produce proteins
Market / Customers
Their customers include health care facilities and providers that serve patients treated in acute care hospitals, long-term acute care hospitals, skilled nursing facilities, rehabilitation centers, home healthcare agencies, and wound care clinics as well as by patients in their homes under physician orders.
Competitors / Substitutes / Alternatives
Various companies provide products for Wound care but none are active similar to our technology.
Strategy
Obtain specific reimbursement for Medicare and Private Pay following a full random controlled clinical trial. Increase product lines in order to expand markets.
Funding
Total capital raise to date is under $9MM. Currently seeking $11MM.
Status
FDA Cleared device with sales of approximately $11MM in 2009. Revenues are primarily through a government contract. Currently operating a cash break even, but seeking growth capital to greatly expand markets and reimbursement.