ZSX Spring 2012 Newsletter

Spring Greetings from ZSX Medical!

Greetings loyal ZSX Medical Newsletter subscribers! This missive features major updates on our development activities and an invitation to a cocktail reception ZSX will be hosting. Read on for the details.

ZSX Medical's R&D Update


Readers may recall ZSX’ winning the “Most Likely to Succeed” grand prize at last year’s New Jersey Technology Council Venture Conference. On the strength of that award, ZSX raised the funds necessary to continue our transition from a cesarean closure to a laparoscopic hysterectomy closure device company. The task demanded detailed engineering work both to miniaturize the closure mechanism and adapt our applicator to the confines of laparoscopic surgery. As this work was both highly technical and proprietary, ZSX suspended the newsletter until we were able to share our progress without compromising one of our main assets, our intellectual property. 

Patent to be Filed

Zip-Stitch-H™, our hysterectomy product, has reached a development stage in which we are able to file for additional patent protection and then demonstrate our prototypes to the public. The venue for this introduction will be the Union League of Philadelphia, on Tuesday, May 1, 2012 at the Angel Venture Fair. Immediately following the Fair, ZSX Medical will be hosting a cocktail reception. More info on these events below.

Investment Opportunity

Now that ZSX has reached this major milestone, we are announcing our current funding round to take our device through pre-clinical (animal) studies and into clinical (human) trials and strategic partnership. Milestones in this period will include design lock-down, completed in-vivo animal studies, FDA Investigational device exemption (IDE), training model development, a pilot clinical trial, and a negotiated strategic sales partnership.

It’s a lot to achieve in a single round, but we met equally aggressive milestones in the past and do not expect to require further outside investment in future. Those investors who wish to profit from ZSX’ reinvention of surgical closure should connect with us immediately before this round closes.

Angel Venture Fair

ZSX Medical will be featured at the 2012 Angel Venture Fair. If you’ll be at the Fair, stop by our booth to catch up and see our latest prototypes. We encourage accredited investors to see the best early-stage companies within a 300 mile radius of Philadelphia at the AVF. Your day will not be wasted as selection is highly competitive; several committees have already done the work to assure that each company solves a real problem and is ready for investment.

AVF Details:
May 1st, at the Union League of Philadelphia, 8am to 4pm
www.angelventurefair.com
Discount code: “Angel” = 25% off
Best Parking: $10 @ 1327 Locust Street (if in before 9am, out by 7pm)
Late Risers: The best I can find is 1510 Latimer for $12
Train: The Union League is 4 blocks from Suburban Station

ZSX Medical Cocktail Reception

Cocktail Reception: May 1st @ 3:45-5:15pm, Union League of Philadelphia. AVF attendees and those not wishing to pay for entrée into the Fair are encouraged to join us for a cocktail reception in the first floor “saloon” of the Union League immediately following the event. Official AVF closing time is 4:00PM, so we’ll be in the saloon with light appetizers and a beverage of your choice from 3:45 to 5:15 or so. Contact us (215-704-3728) or find us at the Fair for more details.
 
Thanks for reading this, and do look forward to future reports as we continue to make progress in our mission to re-invent surgical closure.
 
On behalf of the team at ZSX Medical,

Eric Rugart
COO

For more information regarding Zip-Stitch™, email us at info@zsxmedical.com. Click HERE for email updates.