Provectus
Devicetech, Inc.
Overview
Provectus has developed a number of valuable intellectual
properties and technologies in the area of medical devices.
Six U.S. patents and six pending patent applications
are held by Provectus in two market sectors: therapeutic
and cosmetic devices. Provectus plans to license these
technologies rather than develop them internally.
Provectus’ devices:
- Increase ease of use and performance of multiphoton
microscopes
- Make multiphoton devices practical for in vivo
diagnosis
- Give superior performance for next-generation laser
ablation procedures such as eye surgery
- Are highly effective in treating melanoma, precisely
targeting only the tumor
Markets
The combined market for both therapeutic and cosmetic
therapies in these areas is estimated to exceed $1 billion.
Therapeutic Sector
Therapeutic device technologies focus on three main
areas:
- Treatment of ocular and skin melanomas. The current
five-year survival rate for melanoma therapies is
13 percent once metastasis has occurred. Provectus’
technologies allow the selective destruction of cancerous
lesions based on the inherent light absorption of
these tissues. Provectus’ technology routinely
cures more than 90 percent of tumors in pre-clinical
studies, and has been shown to elicit an anti-tumor
immune response that may eradicate metastases.
- Improvement of multiphoton microscopy and diagnostic
devices. Current multiphoton imaging devices must
be used in an absolutely dark room, which precludes
use of these devices as diagnostic instruments. Provectus’
technologies allow these devices to be used in ambient
light by adding patented signal processing technology
to existing devices.
- Devices that cut tissue for precise surgical applications,
including laser vision correction. Provectus’
photonics technologies produces a very high peak laser
power that yields precise tissue cutting with minimal
damage to surrounding tissue.
Cosmetic Sector
Cosmetic technologies address non-ablative wrinkle reduction,
elimination of spider veins and other cosmetic blemishes,
and laser hair reduction. |