Feb. 25 at 4:22 PM
$ICCM we have been involved in a breast cancer startup so I’ve had the opportunity to speak with breast cancer surgeons, and the future of in situ, non-invasive breast cancer, along with other solid tumor types is going to be cryoablation. ICCM is also working on a new probe that actually can bend & turn around corners versus the current probe which is straight and does not bend. the reason this company will do well besides having a great technology is there’s a general push to try to reduce overall surgery costs & hospital stays for breast cancer. This procedure can be done in any clinic because the machine is portable and the patient does not need to stay overnight. They are actually awake while the procedure is happening versus getting a lumpectomy, which has a much higher recurrence rate. Finally, Dr’s profit margin on this procedure is pretty high. Main cost: the one time use wand(approx
$2,000) + paper drapping(under
$1)- rest is profit
