Surgical Frontiers | Improving Surgery, Improving Lives
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IMPROVING

SURGERY.

IMPROVING

LIVES.

BUSINESS MODEL

We fund, launch and operate start-up companies to develop advanced surgical technologies

that are ready for clinical use.

Business Plan

- Value Propostion - Market Research - Regulatory Strategy - Reimbursement Strategy - Health Economics - Intellectual Property Analysis - Competitive Analysis - Financials

Raising Funds

- Private Placement Memorandum - Subscription Agreements - Operating Agreements - Investor Qualification - Investor Presentations - Registrations - Fund Closing

Company Launch

- Management Team - Operational Team - Advisory Boards - Operating Agreements - Equity Agreements - Services Agreements - Quality Systems - Financial Systems - Infrastructure -Incorporation & Registrations

R&D and Clinical Use

- Corporate Governance - Audits & Reporting - Research & Development - Product Regulatory Approvals - Clinical Product Build - Design & Process Validations - Clinical Use

Company Sale

- Acquirer Qualification - Acquirer Presentations - Product Demonstrations - Due Diligence Support - Transaction Negotiations - Transaction Agreements - Transaction Closing

VALUE DRIVEN

We achieve more value building milestones with fewer investment dollars:

  • Proven experts in medical device innovation & product development
  • Our employees hold over 200 unique issued US patents
  • Pure focus on orthopedic and spine markets
  • Highly developed industry and surgeon network
  • Immediate deployment of talent and resources for rapid company launch
  • Proven systems for cost effective company operations
  • No ongoing “burn rate” to deplete raised capital
  • Track record of successful company exits

VALUE CREATION

The Surgical Frontiers business model provides lower risk, faster exits and higher returns

    • FUNDING
    • TIME TO EXIT
    • AQUISITION PRICE
    • ANNUALIZED RETURNS

  • Venture Capital

    • $50M – $100M
    • 6 – 10 Years
    • $150M – $500M
    • 30% – 50%

  • Surgical Frontiers

    • $2M – $5M
    • 2 – 4 YEARS
    • $10M – $40M
    • 50% – 100%

PROVEN PROCESS

The Process is all about the Value Proposition: a compelling solution to a large, unmet need that will drive market adoption

SURGEON COLLABORATION

Partner with Surgical Frontiers to improve patient outcomes!

  • Bring better surgical care options to your patients
  • Teach advanced surgical techniques to your peers
  • Collaborate on project related, publishable research
  • Diversify your investment portfolio with investment in a start up company
  • Invest in something that you are passionate about and know intimately

Business Plan

Identify unmet clinical needs and opportunities

Fund Raising

Participate in funding the company (optional)

Company Launch

Serve on the -Scientific Advisory Board

Company Operation

Collaborate with engineers to develop innovative solutions

Company Sale

Demonstrate clinical value to potential commercial partners

CORPORATE PARTNERSHIPS

Invest in portfolio company to develop innovative product lines!

  • Fill gaps in product portfolios
  • Create revenue growth
  • Significantly reduce cost of acquisition by investing at start-up
  • Turn R&D expenses (P&L) into a balance sheet transaction
  • De-risk R&D Investment with option to purchase
  • Let Surgical Frontiers attract a world class scientific advisory board

Business Plan

Provide guidance on product lines that meet your needs

Fund Raising

Participate in funding portfolio company

Company Launch

Serve on the -Board of Directors -of portfolio company

Company Operation

Receive timely progress reports

Company Sale

Option to purchase portfolio company

MEET THE TEAM

Leadership team brings over 100 years of industry experience

WADE FALLIN, MS
WADE FALLIN, MS
Chief Executive Officer

Mr. Fallin is a serial entrepreneur in the medical device industry, with a focus in the orthopedic and spine markets.  He has co-founded six companies: MedicineLodge (twice), IMDS, Facet Solutions, VentureMD and Surgical Frontiers.  Four of these companies have been acquired; two by publically traded companies, and two by large privately held companies.  Two of the previously founded companies now employ over 250 people in Cache County, Utah, where he lives.  Mr. Fallin holds a Masters of Science in Mechanical Engineering from the University of Illinois and a Bachelors of Science in Mechanical Engineering from the Georgia Institute of Technology.  He currently holds over 150 issued U.S. patents, with more patents pending.

LANE HALE, MBA
LANE HALE, MBA
Executive Vice President

Mr. Hale has extensive experience in growing shareholder value in companies of various stages – from startup to Fortune 500 – and in various circumstances – from growth companies to leading turnarounds – spanning the manufacturing, investment banking and medical device industries.  In the medical device industry since 2005, he spent much of his career partnering with many of today’s leading medical device companies developing new technologies, launching new products and sustaining manufacturing. Mr. Hale has held leadership roles in business development, operations, and finance at Insightra Medical, CoorsTek Medical, IMDS and MedicineLodge.  Mr. Hale has worked in investment banking for Goldman Sachs and in management consulting focused on process improvement. He received a B.A. and MBA from Brigham Young University.

CARY REEVES, JD
CARY REEVES, JD
General Counsel, VP Of Intellectual Property

Mr. Reeves has over 25 years of experience in the medical device industry, primarily in the orthopedic, sports medicine and spine markets. He has written and prosecuted hundreds of patent applications relating to medical technologies. His past experience includes Patent Counsel at Bristol-Myers Squibb (Zimmer, Inc.); Senior Patent Counsel at Medtronic, Inc. (Sofamor Danek); sole proprietor of a patent boutique law firm catering to the medical industry; and Chief Patent Counsel at Lanx, Inc. Mr. Reeves holds a Juris Doctor degree from the University of Notre Dame and a Bachelor of Science degree in Mechanical Engineering from Purdue University.

JEFF ROBBINS, CPA
JEFF ROBBINS, CPA
VP Of Finance And Operations

Mr. Robbins has over 20 years experience in financial and operational management.  His scope of responsibilities has included enterprise financial management, information technology management, human resources management, reporting to senior management teams and boards of directors, corporate secretary, and management of manufacturing operations.  His past experience includes Controller of Ophir-Spiricon, Inc., Vice President of Finance and Director of Operations at Fact Solutions, Inc., Director of Operations at MedicineLodge, Inc., Controller of Innovasive Devices, Inc., and Auditor at Price Waterhouse.  He holds a Bachelor of Science in Accounting degree from Brigham Young University and a Master of Accountancy degree from Brigham Young University.

BOB HOY, MS
BOB HOY, MS
Director Of Research

Mr. Hoy has over 15 years of experience developing innovative medical devices, primarily in the orthopedic, sports medicine, spine and extremities markets. He has a passion for both improving patient outcomes and building shareholder value through addressing high-volume, unmet clinical needs. Mr. Hoy has held management positions at MedicineLodge, Facet Solutions, VentureMD and Surgical Frontiers. His expertise include product development, market & reimbursement analysis, biomechanical & clinical research, surgeon education, regulatory submissions and divestiture due diligence. He currently holds 42 issued U.S. patents, with multiple pending applications. Mr. Hoy holds a Masters of Engineering and Bachelors of Science both in Biological Engineering from Cornell University.

PORTFOLIO

Developing breakthrough products

Less invasive surgical techniques that restore normal anatomy for bunions and bunionettes, and small bone arthrodesis and osteotomies for improved patient outcomes.

First Ray News Articles

Less invasive intramedullary fracture fixation of the clavicle, radius, ulna and fibula that provides anatomic reduction and reduced hardware related complications.

Intrafuse News Articles

Advanced soft tissue to bone repair system for arthroscopic rotator cuff repair, Achilles tendon repair and ligament stabilization techniques.

KATOR News Articles

For ankle sprains and ankle fractures, the most precise, and the most anatomic, ligament reinforcement and repair systems available.

Mortise Medical News Articles

LATEST NEWS

For more news check out our Blog page.

FEATURED CASE STUDY

MTP Solutions is part of the portfolio of VentureMD, the former employer of the Surgical Frontiers team.

Market: Lesser Toe Deformities and Instabilities
US Annual Diagnoses: 2,000,000

US Annual Procedures: 500,000

Standard of care: non-anatomic surgical repairs:  osteotomies, tendon transfers and joint fusion

Complications: up to 50% patient dissatisfaction rates at 1-2 years

Solution:  comprehensive surgical repair system to provide first-to-market anatomic restoration for the lesser toes

Product Website: S&N Hat Trick Website

PROJECT TIMELINE

May 2011

Operations Started

Dec 2011

Research Completed

Dec 2012

Product Fully Developed; 10 Patents Pending

Jan 2013

Sales Process Started

Jun 2013

First Human Clinical Case

Sep 2013

Sale Closed

CONTACT

Please contact us so that, together, we can Improve Surgery, and Improve Lives!