Market Expansion
Market expansion opportunities for Melt-300 and our other product candidates include an estimated over 100 million procedures with durations of one hour or less. Our formulation has the potential to replace IV sedation in medical interventions such as emergency room procedures, dental, plastic surgery, endoscopic procedures, and MRI when claustrophobia is present.
Expansion Opportunities
References
- Multiple references, including:
Dental: Endodontic Facts by the American Association of Endodontists.(n. Retrieved April 17, 2023, from https://newsroom.aae.org/press-kit/
MRI: Retrieved and calculated on January 13, 2023 from https://data.oecd.org/healthcare/magnetic-resonance-imaging-mri-exams.htm; total U.S. exams per
1,000 inhabitants, 2021 or latest availableCosmetic/Dermatology: ASPS 2015 Plastic Surgery Statistics Report American Society of Plastic Surgeons. (Retrieved January 8, 2017, from https://d2wirczt3b6wjm.cloudfront.net/News/Statistics/2015/plastic surgery-statistics-full-report-2015.pdf.)
Colonoscopy; Upper GI Endoscopy; Breast/Prostate Biopsies; Emergency Room; Non-Cataract Ophthalmology; Oculoplastic: Medicare Part B National Summary Data Files – accessed February 2023; Healthcare Cost and Utilization Project Nationwide Ambulatory Surgery Sample – assessed February 2023, Triangle Insights Group analysis; American Society of Plastic Surgeons. Plastics Surgery Statistics Report, 2020, CDC, National Ambulatory Medical Care Survey: 2019 National Summary Tables (included in Triangle Insights Group Commercial Assessment of MELT-300, March 2023).