Corporate Information
Vesticon™ is a medical technology company focused on
helping physicians and their patients achieve Victory Over
Vertigo. The Company was founded in 2003, has six full-time and
five part-time employees and is located in close-in NE
Portland, Oregon.
The Company has recently begun taking orders for the Epley
Omniax, the company's first commercial product. Current
vestibular medical devices provide a general assesment or
vague diagnosis. None provide treatment. The Epley Omniax
assists medical professionals in diagnosing and treating
balance disorders and vertigo, including benign paroxysmal
positional vertigo.
The Company's has several ohter products in development that
share some hardware and software components with the Omniax.
The Omniax, uses software, video goggles and a hardware
apparatus to position a patient in any plane. Launch
of additional products, already now in advanced
development is expected over the next two years..
Market segments for the three products will include:
Neurotology, otology, otolaryngology, audiology, vestibular
physical therapy and rehabilitation.
Vesticon Timeline
- 2003-2004: three product prototypes supported by NIH completed, including Omniax prototype
- 2005: Experienced management and advisors recruited
- 1Q07: Vesticon reaches $4.8M in funding from the NIH's SBIR program
- 2Q08: Omniax multi-site randomized study completed
- 2Q08: Vesticon receives clearance to market the Omniax from the FDA
Near-term Milestones
- 4Q07-4Q08: Raise marketing/operational funds from private investment community
