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BOVIE = ELECTROSURGERY PowerPoint Presentation
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BOVIE = ELECTROSURGERY - PowerPoint PPT Presentation

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BOVIE = ELECTROSURGERY

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Presentation Transcript

  1. This presentation may contain some forward looking statements, particularly regarding operational prospects in 2008 and beyond, which involve a number of risks and uncertainties that could cause actual results to differ materially. These risks are listed from time to time in the Company’s SEC filings.

  2. BOVIE = ELECTROSURGERY Surgical instruments in the OR that are related to electrosurgery are called by the name “BOVIE.” Branding the “Bovie” name within the medical community Over 32 million surgical procedures in U.S.

  3. Bovie Medical

  4. High & Low Temperature Cauteries

  5. Targeted towards the Gastroenterology market. • Over $150 million market including accessories growing 7-9% per year • 13,000 operating centers • Icon platform provides the basis to develop customized generators for other specialties (ex. Oncology $200 million).

  6. MEG line of instruments

  7. MEG/Polaris™ Instruments The only product that can compete in three markets and address all areas of minimally invasive surgeries: • Arthroscopy Instrument Market $200 million Laparoscopy Instrument Market $300 million • Vessel Sealing Market $500 million

  8. Arthroscopy Instrument • Market research indicates little to no innovation from top five companies in this space over the past 15 years. • The only modular arthroscopy instrument available. • Can dramatically reduce cost to the end user. • The only arthroscopy instrument with a flushing port for cleaning. • One tip design can replace multiple instruments.

  9. Laparoscopy Instrument • Handle accepts inserts from 2mm to 12mm • Cancelable ratchet feature can be activated either left or right handed. • Ergonomic handle reduces fatigue and creates more leverage. • Modular design can significantly reduce cost • Metallic handle is electrically isolated to increase instrument life.

  10. Vessel Sealing Instrument • Only modular designed laparoscopic VS instrument • Handle can accommodate both “open” and laparoscopic instrument tips. • “Seal and Cut” design. • Can be used with existing vessel sealing generators or user can gain enhanced benefits with Bovie generator. • Significantly reduces costs. • Largest (total market size $500 million) and fastest growing (10-15%) segment with highest margins.

  11. Ergonomic • 360 Rotation of cartridge • Electrode quick attachment-detachment • Can be controlled by three triggers: • Jaw trigger • Coagulation + sealing trigger • Powered blade trigger

  12. Handle & Bovie VS generator provides: • Cartridge recognition and initial setup • Automatic bipolar cut upon blade advancement • Modulated vessel sealing automatic cycles • Minimal charring and adhesion

  13. Suitable for a variety of endoscopic Bipolar AND Monopolar or Inert applications like Vessel Sealing Laparoscopy Endo GYN Arthroscopy Urology Thoracic Endoscopy Sinoscopy and many other open surgery adaptations

  14. Tissue Resection Device • Delivers RF current & sterile saline for resection, hemostatic sealing and coagulation • Lowers blood loss, procedure times and cost savings for hospitals • Liver, pancreatic, kidney tumor removal • Orthopedic and laparoscopic surgeries • Worldwide market size in 2009 approx. $500 million

  15. ICON GS Plasma System • J-Plasma is formed by holding a sharp conductive point at High Voltage and High Frequency, over which an Inert Gas, such as Helium, flows.

  16. ICON GS Plasma System • Produces a stable thin focused beam of ionized helium gas • Provides minimal invasiveness and precision • No conductive currents during surgery • One working electrode

  17. Canady Technology Agreements • Worldwide distribution and manufacturing agreement for Canady’s plasma related devices and accessories. • Canady Technology will assist in the clinical development of Bovie’s J-Plasma technology. • Canady Technology was the first to demonstrate the utilization of tissue coagulation by argon plasma coagulation via flexible endoscopes.

  18. Bovie Medical Financials Amex Symbol: BVX • Fiscal year 2007 revenues rose to a record $28.78 million. • Net income for fiscal 2007 was $2,400,591 or $.14 per diluted EPS. • 17,600,000 diluted shares outstanding. • 10% insider ownership.

  19. Contact Information Bovie Medical, Inc. Suite 207, 734 Walt Whitman Road Melville, NY 11747 800-888-4999 boviemed@aol.com Buttonwood Advisory Group, Inc. 15705 Framingham Lane Huntersville, NC 28078 800-940-9087 janeralla@bellsouth.net