Kevin Dean
Atlanta, GA (USA)
Role(s):
Founder/Owner/Principal
Imperial Medical Technologies
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Startup
Location:
Cartersville
Industry:
Manufacturing
Year Founded:
2001
Number Employees:
10-50 people
Description:
IMT Designs, Manufactures and Distributes Intraocular lenses (Implantable Medical Devices). We recently moved into our new factory and need expansion capital to fill orders and to capitalize on our high return products with a COG of <$10.00 ea. and due to new US laws a selling price in the US of $2,500 ea. We have patents, proprietary processes and new products in various stages of clinical trials and market development. Our goal is to achieve FDA approvals in 3 years or less as the market is growing from 3.3 million to 9.0 million per year with baby boomers. It is nearly recession proof because everyone takes care of their eyes. Our PPM is written and we need capital to meet orders and finalize FDA work.