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Novuson surgical


Investor20
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I have an investment in Novuson surgical.  Their website is http://novuson.com

 

The short story is that traditional cauterization techniques are electricity and heat based that cause smoke and charring.  Novuson is developing Ultrasound based Cauterization and in the process of doing testing for FDA filing. Please see two videos that show the technology.

 

From their PR

"Novuson Surgical's patented technology delivers Direct Therapeutic Ultrasound (DTU) energy for cauterization and hemostatic control without transmission of electricity through the patient, and provides safety and predictability in the most critical surgical applications."

 

My investment was based on my discussion with a few surgeons who did say the traditional cauterization do have problems such as referred smoke and charring.

 

Additionally, as per CDC smoke plume during surgery is a problem and smoke should be minimized.

https://www.cdc.gov/niosh/topics/healthcarehsps/smoke.html

Surgical smoke is produced by the thermal destruction of tissue by use of lasers or electrosurgical devices. Not only is surgical smoke a nuisance because it has a repulsive odor and can obstruct the surgeon’s view of the surgical site,.....

Acute health effects of exposure to surgical smoke include:

  • Eye, nose and throat irritation
  • Headache
  • Cough
  • Nasal congestion
  • Asthma and asthma-like symptom

CDC recommends minimizing such surgical smoke.  I believe this is a huge advantage for this technology, because once it is approved, this could be a driver to have hospitals switch to smoke less cauterization.

 

The terms they gave for a convertible note "

(i)      Notes will convert at a pre-money valuation equal to the lesser of (i) 80% of the pre-money valuation of such offering, or (ii) $11,800,000.

 

I am only an investor at Novuson and if you want more details, I can get you to talk to their CEO.  If there is sufficient interest from enough people, they could do a webinar.  Below are two videos of their technology.

 

Videos of technology:

https://app.box.com/s/y1ij7j2ip9mkkx3i001u5bahaif0xjqc

 

https://app.box.com/s/affknz9e5hl30fpfjol87kv1c7b19j7r

 

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I am not sure why this is moved to General Discussion. 

 

This is an investment idea in a start up company.  Investments in start ups are different in process and one has to be accredited investor.  Yet this is investment idea than General discussion.  Please move it back to investment forum. Thanks

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