OcuFLOW, INC Milestones: OcuFLOW, INC, with a completely volunteer, self-funded team has (1) developed an updated prototype, (2) filed a new comprehensive patent in US in February 2016 and international patent in February 2017 related to novel pneumatic and electronic technology, (3) updated an emerging technology CPT code (0198T) written specifically for the technology which can be converted to a billable code with one additional clinical study (3) been accepted into the Sinai Hospital Bio-incubator program (4) been awarded TEDCO funding in both the TCF program and the Md-PACE program (5) won the top 12 finalists award in Startup Maryland’s Pitch Across Maryland contest. (6) selected as one of eight semifinalists for consideration for funding by the Maryland Momentum Fund (7) Filed US- FDA Pre-submission August 2017.
Total Available Market
OcuFLOW, INC plans to sell the device to eye care providers around the world. We will start in the US with 58,000 eye care providers for the device, each needing several units. An annual 105 million eye exams performed in the US provides a disposable tip market. Future entry into global markets is planned.