Seed Round
$500K target
9% equity
$5M pre-money
We have an innovative product for stool collection of the iFOB Test the first screening and prevention of the colorectal cancer (CRC) in addition to other stool tests. Create a device that is used to allow the patient to collect feces sitting on the toilet, at the physiological position, the ColOff® - Specimen Collection Facilitator Device. The product was designed to provide acuity and hygiene for the patient, especially the elderly ones, children and disabled people and, once it prevents the sample contamination, it also avoids diagnostic error. ColOff® is a coverage for toilet seat, created especially for collection of biological specimens (feces/urine). ColOff® provides comfort and hygiene to the patient and avoids contamination of the specimen diagnosis also, the patient. ColOff® provides a hygienic and comfortable process for the patient, minimizing patients and specimen contamination compared to the sample extracted from the collection paper or from the water used in traditi...
We have an innovative product for stool collection of the iFOB Test the first screening and prevention of the colorectal cancer (CRC) in addition to other stool tests. Create a device that is used to allow the patient to collect feces sitting on the toilet, at the physiological position, the ColOff® - Specimen Collection Facilitator Device. The product was designed to provide acuity and hygiene for the patient, especially the elderly ones, children and disabled people and, once it prevents the sample contamination, it also avoids diagnostic error. ColOff® is a coverage for toilet seat, created especially for collection of biological specimens (feces/urine). ColOff® provides comfort and hygiene to the patient and avoids contamination of the specimen diagnosis also, the patient. ColOff® provides a hygienic and comfortable process for the patient, minimizing patients and specimen contamination compared to the sample extracted from the collection paper or from the water used in traditional tests. Validated in American Association for Clinical Chemistry (2011AACC - Annual Meeting) and registered in the FDA and US Patent. Tested, approved and used in the best hospitals and laboratories and universities in Australia and Brazil and US. Currently the stool and urine collection procedures lacks hygiene, standardization and comfort, because it’s accomplished in alternative ways: collection paper, newspaper, magazine, plastic bag, plastic bottle, aluminium foil, and others. This methods causes 82% No Show and 70% error in the result of the diagnostic test. Source: SBAC - Brazilian Society of Clinical Analyses. ColOff® Device is unique because it is Sterile, Easy to Use, Innovative, Disposable, Sustainable, Helps Prevent infection control and contamination free (users/sample). Our major clients in US currently are Microarrays, Inc. - Alabama and Stanford School of Medicine | Department of Microbiology & Immunology and Brazil Albert Einstein Hospital and diverse networks of nursing homes in Australia. The market possibility for this product is really big, because ColOff® is recommended for any collection of stool and urine, from children to seniors, men or women, always providing comfort and cleanliness that allows the user to collect the material in the physiological position. Any person that needs a stool/urine sample can use it. We are estimating the total market in about 5 billion of units per year.
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