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The Company
IDL, Inc. is a medical device development company that intends to design, patent, and market medical devices related to multiple niche markets. These devices have already been designed with the participation of a leading surgeon in Orthopedics. Three patents are initially incorporated. The company projects $16 million in sales in year three. The company expects to have $50 million in revenue by year five. Patent applications on its first three market entries have already been accomplished using a top patent law firm.
The market segments are clearly defined and all are subject to a high growth trend. One market is projected to exceed $160 million in the next three years. That is the physical rehabilitation market.
This market should begin at $4 million but could expand to several hundred million as soon as agreements are obtained for many varied distribution points. The company intends to license this technology for private branding to larger companies. The company becomes mature in year three. The company is potentially profitable in year one only if a proposed distribution agreement can be closed.
Mission
The mission of IDL, Inc. is to design, develop, and market new patented technologies in the medical device field. The technologies will fill market niches that each account for a minimum of $20 million dollars in potential sales. Each technology will fill a current need in medical procedures by improving upon an existing technology or device, or by designing a device to serve a need that is clearly defined and acknowledged by medical professionals. Each product shall be priced to appeal to a managed-care market that stresses lowest cost of total treatment parameters.
Company Details
IDL, Inc.
- Primary NAICS: 423450
- Canadian Business Number: 85460 9666
- SBA HUBZone Certified
- TERO Certified with the Cherokee Nation
IDL, Inc., Members are:
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