BioElectronics
Technology Primed to Meet Patients’ Need
The Right Products
and Investment:
OTC Pink:
BIEL
BioElectronics
Corporation (www.bielcorp.com) develops,
manufacturers, markets and sells consumers medical electronics that reduce
swelling and relives pain. BioElectronics has developed and patented an
exceptionally effective, affordable, and 100% safe analgesic to dominate the
over-the-counter market for musculoskeletal pain, and provide an adjunctive
or alternative to narcotic drug therapy.
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Investors should know that
there is a perfect storm of unmet consumer needs coalescing into a
major opportunity that BioElectronics Corporation is ideally
suited to capture. Several large pharmaceutical companies like Glaxo Smith
Kline (GSK), Bayer and Sanofi are recognizing both the limitations of drug-only
therapy and the potential of bioelectronic devices to relieve pain without side
effects and have recently introduced their own bioelectronic research products
and programs.
BioElectronics Corporation is the leading
commercial stage company in the field of non-invasive consumer electroceutical
medical devices. Its small light wearable devices produce a pulsating
electromagnetic field that affects cells and nerves to treat acute and chronic
pain as well as to promote wound healing by a process called neuromodulation.
The products are approved for OTC sale in the European Union, Canada,
Australia, Singapore, etc. and pending US over-the-counter market clearance for
relief of musculoskeletal pain. The 720-hour device with an on/off switch
retails for approximately $30.00, or 4 cents per hour of therapy, which provides
an extraordinary cost/benefit.
Chronic
Pain One-third of the population
suffers from chronic pain, which is more than diabetes, heart disease, and
cancer combined.

Pain itself often modifies the way the central
nervous system works so that a patient actually becomes more sensitive and gets
more pain with less provocation. That sensitization is called “central
sensitization” because it involves changes in the central nervous system in
particular - the brain and the spinal cord. It is well understood that the extent of tissue injury does not explain
the level of pain, and chronic pain can be maintained even after an initial
injury has healed.
ActiPatch® stimulates sub-sensory afferent nerves
to dampen the pain signals a process known as neuromodulation. Ken McLeod’s, PhD. Director
of Clinical Science and Engineering Research, Binghamton University State
University of New York short video explains how the technology and ActiPatch
work at http://actipatch.com/why-actipatch/.
Demonstrated Marketability to Consumers
the Company’s Try
& Tell sales and marketing
program won this year’s OTC Bulletin “Best OTC Marketing Campaign on a Small
Budget” award. Current chronic pain therapies do not meet the need for chronic pain
relief and sufferers are skeptical. To overcome the skepticism and accelerate
product acceptance, we promote a discounted 7-Day Trial device without an
on/off switch. 65% of testers averaged a 57% reduction in pain and said they
“intended” to or would “maybe” purchase and 80% did purchase an average of 1.75
devices within 90-days. After one year, the users purchased an average of 2.7
devices.
Exceptional
Consumer Acceptance the Medical Journal Pain
Management published our 5,000+ survey results A UK registry study of the
effectiveness of a new over-the-counter chronic pain therapy, Pain
Manag. 2015 Nov; 5(6): 413-23, http://www.futuremedicine.com/doi/full/10.2217/PMT.15.35, reported 2/3 of
participants had more than 57% pain relief and the following long-term results:
•
2/3 (including opioid users) reported moderate to complete elimination
of pain medications;
•
2/3 reported improved sleep;
•
3/4 reported increased physical activity; and,
•
4/5 a substantial improvement in overall quality of life.
ActiPatch® Musculoskeletal Pain
Therapy
Meets The Dire Need for Drug-free
Pain Relief
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ActiPatch
Customers in the UK Say It for Themselves
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Ongoing
clinical research will enable treatment of new indications and open new
markets:
·
Aarhus Univ. Hospital, Denmark (Venous Ulcer Wound Healing);
·
Univ. Hospital Ghent, Belgium (Bilateral Hernia Surgery); and,
·
Chronic Back Pain, Oxford University Hospital
Management
Team
Richard Staelin, Ph. D. Chairman of the Board takes
an active role in the strategic planning for the Company
Andrew J. Whelan President oversees day-to-day
operations
Mary K. Whelan Director is the sister of
President an early investor, former Marketing VP AT&T and Lucent
William Monn Vice President of
Production is responsible for product production and regulatory compliance
Ian Rawe, Ph.D. Director of Clinical
Research manages clinical trials and research
John Martinez Director of Engineering is
responsible for product design and functionality
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