Thursday, June 11 2009 9:55 AM, EST Bederra Corporation in Talks to Acquire Neogenex Medical Technologies, Inc. Market Wire "US Press Releases " HOUSTON, TX -- (MARKET WIRE) -- 06/11/09 -- Bederra Corporation (PINKSHEETS: BEDA), a Houston, Texas -based diversified medical services provider is currently in talks to acquire Neogenex Medical Technologies, Inc ; a company that provides laser technology equipment used in Pain Management treatment.
The technology is FDA approved for Carpal Tunnel Syndrome and Arthritis. Well-known universities and private medical research facilities are currently investigating other applications for the technology.
This technology has other applications such as wound care and general pain management.
The company is currently directing its marketing toward Fitness facilities and Corporate Wellness facilities as over 80 million people suffering from some type of pain ailment. The current market potential for these products and treatments is in the $10-15 billion range.
Neogenex has rights to the purchase and utilization of the patents on this technology.