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Monday, October 15, 2007
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EyeIC, LLC
A Medical Devices Company
About
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EyeIC is a medical device company focused on developing imaging-based medical devices for detecting disease progression in glaucoma, macular degeneration and other retinal diseases. EyeIC is dedicated to introducing devices that meet critical needs of physicians and patients, while integrating into the workflow of eyecare offices. EyeIC's machines will allow doctors to detect changes earlier and more easily, reducing errors, lowering healthcare costs and establishing new clinical standards of care.
3 Major Issues
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- EyeIC's funding strategy calls for a total raise of $3.5 million. $1M for to get a commercial product through the FDA and $2.5M to go to market. Given the current venture capital climate would another strategy be better? Should EyeIC try to raise more money in the second round in order to attract different investors?
- What information do investors want to see from EyeIC's initial market studies?
- Does EyeIC's pricing strategy of $200 per month per doctor make sense? Is there a better structure? Is $200 too low? Too high?
Program:
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6:30 - Cocktails & Dinner (Cash bar and special 2-entree buffet menu)
8:00 - Ira Wallace MD, MBA, CEO of the Company, will deliver the Company's "Elevator" Pitch to the Group
8:20 - Panel addresses 3 major issues for EyeIC
9:00 - Open discussion: members and guests
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