First Look Equities Featured Company
CVR Medical (OTCMKTS: CRRVF)
CVR Medical is solving the following industry problems
Though the ability of preventing Ischemic Stroke is real, current modalities and procedures do not allow for intervention prior to the occurrence
A patient is only sent for arterial evaluation if they are presenting symptoms of stroke, and since stroke is frequently asymptomatic there typically is no further testing
There is a high cost associated with current screening modalities available (Duplex Doppler Ultrasound, MRA, CTA, and Digital Subtraction) which compound this problem
- Primary Care Office currently lacks tool necessary to assess Stroke risk
- The device CVR has is non-invasive and non-emitting, supporting lower-risk Class II product classification
- Clinical Trials: In excess of 1,000 Carotids tested
- Device does not require advanced licensing to administer and can fit within the primary care office space
- Total investment to date is excess of $20 million USD
- Cost of Stroke to the medical industry: $72 billion USD (this number is expected to triple)
Since we began operations as Pressure BioSciences in February 2005, we have focused substantially all of our research and development, and commercialization efforts on sample preparation for genomic, proteomic and small molecule studies.
Our business strategy is to commercialize pressure cycling technology in the area of sample preparation for genomic, proteomic and small molecule studies (“sample preparation”). We also plan to pursue the further development and commercialization of PCT in other life sciences applications, which could include working with various strategic partners that have greater scientific and regulatory expertise in the respective applications than we do.
Click on the button below to watch the BNN Business Day PM Interview with CVR Medical COO Tony Robinson on CVR’s CSS Medical Device.
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