Magneceutical Health

About:

Chronic Pain and its 120 million office visits per year is the primary “Unmet Need” upon which we focus.

Website: http://www.magneceutical.com/

Twitter/X: Magneceutical

Description:

Chronic Pain and its 120 million office visits per year is the primary “Unmet Need” upon which we focus. Magneceutical Health, has the ultimate Therapeutic System for Healthcare Providers, designed to : 1. Find New Patients, 2. Relieve their Pain, and 3. Build a Home based Cash annuity stream. The Company is seeking $1.0M in this Series B Offering to provide funds to ramp the commercialization of our technology. Product and Technology The Magnesphere system utilizes precisely tuned, extremely low level electromagnetic fields (EMFs), that are found naturally in the body. Our Magneceutical® therapy has major advantages in that it is initially delivered in the Clinic and THEN the Home. Business Model: Personalized Medicine via the First “Cloud Based” therapeutic Healthcare providers purchase a Clinical system, treat their patients 4-6 times finding a “Personalized” ElectroMagnetic Field (EMF) protocol that improves their pain symptoms. Then the Doctor sells the Patient a home unit, $200 per month (or Less). Key Investment Highlights include: * The First Cloud based Therapeutic system that is constantly "learning" * A Platform technology in the Personalized Medicine arena * Razor / Razor blade (Subscription based) model * Revenue Generating : No Regulatory / Reimbursement Risk * System includes both "Clinical" and "Consumer" devices

Total Funding Amount:

$3.89M

Estimated Revenue Range:

Less than $1M

Headquarters Location:

Clearwater, Florida, United States

Founded Date:

2007-04-05

Founders:

Allen Braswell, Jerry Jacobson

Number of Employees:

1-10

Last Funding Date:

2014-05-30

IPO Status:

Private

Industries:

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