Bovie Presentation


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Bovie Presentation

  1. 2. <ul><li>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. </li></ul>
  2. 3. BOVIE = ELECTROSURGERY <ul><li>Surgical instruments in the OR that are related to electrosurgery are called by the name “BOVIE.” </li></ul><ul><li>Branding the “Bovie” name within the medical community </li></ul><ul><li>Over 32 million surgical procedures in U.S. </li></ul>
  3. 4. Bovie Medical ICON Generators Tissue Resection ICON GP/VS Canaday Accessories Icon GS Plasma MEG Line Instruments Bovie Electrosurgery
  4. 5. High & Low Temperature Cauteries
  5. 7. <ul><li>Targeted towards the Gastroenterology market. </li></ul><ul><li>Over $150 million market including accessories growing 7-9% per year </li></ul><ul><li>13,000 operating centers </li></ul><ul><li>Icon platform provides the basis to develop customized generators for other specialties (ex. Oncology $200 million). </li></ul>
  6. 8. MEG line of instruments
  7. 9. <ul><li>MEG/Polaris™ Instruments </li></ul><ul><li>The only product that can compete in three markets and address all areas of minimally invasive surgeries: </li></ul><ul><li>Arthroscopy Instrument Market $200 million Laparoscopy Instrument Market $300 million </li></ul><ul><li>Vessel Sealing Market $500 million </li></ul>
  8. 10. <ul><li>Arthroscopy Instrument </li></ul><ul><li>Market research indicates little to no innovation from top five companies in this space over the past 15 years. </li></ul><ul><li>The only modular arthroscopy instrument available. </li></ul><ul><li>Can dramatically reduce cost to the end user. </li></ul><ul><li>The only arthroscopy instrument with a flushing port for cleaning. </li></ul><ul><li>One tip design can replace multiple instruments. </li></ul>
  9. 11. <ul><li>Laparoscopy Instrument </li></ul><ul><li>Handle accepts inserts from 2mm to 12mm </li></ul><ul><li>Cancelable ratchet feature can be activated either left or right handed. </li></ul><ul><li>Ergonomic handle reduces fatigue and creates more leverage. </li></ul><ul><li>Modular design can significantly reduce cost </li></ul><ul><li>Metallic handle is electrically isolated to increase instrument life. </li></ul>
  10. 12. <ul><li>Vessel Sealing Instrument </li></ul><ul><li>Only modular designed laparoscopic VS instrument </li></ul><ul><li>Handle can accommodate both “open” and laparoscopic instrument tips. </li></ul><ul><li>“ Seal and Cut” design. </li></ul><ul><li>Can be used with existing vessel sealing generators or user can gain enhanced benefits with Bovie generator. </li></ul><ul><li>Significantly reduces costs. </li></ul><ul><li>Largest (total market size $500 million) and fastest growing (10-15%) segment with highest margins. </li></ul>
  11. 13. <ul><li>Ergonomic </li></ul><ul><li>360 Rotation of cartridge </li></ul><ul><li>Electrode quick attachment-detachment </li></ul><ul><li>Can be controlled by three triggers: </li></ul><ul><ul><li>Jaw trigger </li></ul></ul><ul><ul><li>Coagulation + sealing trigger </li></ul></ul><ul><ul><li>Powered blade trigger </li></ul></ul>
  12. 14. <ul><li>Handle & Bovie VS generator provides: </li></ul><ul><ul><li>Cartridge recognition and initial setup </li></ul></ul><ul><ul><li>Automatic bipolar cut upon blade advancement </li></ul></ul><ul><ul><li>Modulated vessel sealing automatic cycles </li></ul></ul><ul><ul><li>Minimal charring and adhesion </li></ul></ul>
  13. 15. Suitable for a variety of endoscopic Bipolar AND Monopolar or Inert applications like <ul><li>Vessel Sealing </li></ul><ul><li>Laparoscopy </li></ul><ul><li>Endo GYN </li></ul><ul><li>Arthroscopy </li></ul><ul><li>Urology </li></ul><ul><li>Thoracic Endoscopy </li></ul><ul><li>Sinoscopy </li></ul><ul><li>and many other open surgery adaptations </li></ul>
  14. 16. Tissue Resection Device <ul><li>Delivers RF current & sterile saline for resection, hemostatic sealing and coagulation </li></ul><ul><li>Lowers blood loss, procedure times and cost savings for hospitals </li></ul><ul><li>Liver, pancreatic, kidney tumor removal </li></ul><ul><li>Orthopedic and laparoscopic surgeries </li></ul><ul><li>Worldwide market size in 2009 approx. $500 million </li></ul>
  15. 18. ICON GS Plasma System <ul><li>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 . </li></ul>
  16. 19. ICON GS Plasma System <ul><li>Produces a stable thin focused beam of ionized helium gas </li></ul><ul><li>Provides minimal invasiveness and precision </li></ul><ul><li>No conductive currents during surgery </li></ul><ul><li>One working electrode </li></ul>
  17. 21. Canady Technology Agreements <ul><li>Worldwide distribution and manufacturing agreement for Canady’s plasma related devices and accessories. </li></ul><ul><li>Canady Technology will assist in the clinical development of Bovie’s J-Plasma technology. </li></ul><ul><li>Canady Technology was the first to demonstrate the utilization of tissue coagulation by argon plasma coagulation via flexible endoscopes. </li></ul>
  18. 22. Bovie Medical Financials <ul><li>Amex Symbol: BVX </li></ul><ul><li>Fiscal year 2007 revenues rose to a record $28.78 million. </li></ul><ul><li>Net income for fiscal 2007 was $2,400,591 or $.14 per diluted EPS. </li></ul><ul><li>17,600,000 diluted shares outstanding. </li></ul><ul><li>10% insider ownership. </li></ul>
  19. 23. Contact Information <ul><li>Bovie Medical, Inc. </li></ul><ul><li>Suite 207, 734 Walt Whitman Road </li></ul><ul><li>Melville, NY 11747 </li></ul><ul><li>800-888-4999 </li></ul><ul><li>[email_address] </li></ul><ul><li>Buttonwood Advisory Group, Inc. </li></ul><ul><li>15705 Framingham Lane </li></ul><ul><li>Huntersville, NC 28078 </li></ul><ul><li>800-940-9087 </li></ul><ul><li>[email_address] </li></ul>
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