Profile: Medifirst Solutions Inc (MFST.PK)
19 Jul 2019
Medifirst Solutions, Inc., incorporated on November 5, 2010, is a development-stage company. The Company is engaged in developing medical devices. The Company, under a manufacturing agreement, produces its hand-held mobile laser system known as The Time Machine Program. Through its subsidiary Medical Laser Manufacturer, Inc., the Company has entered into a Product and Know-How License Agreement (the License Agreement) with Laser Lab Corp to license the use of various properties in connection with seeking regulatory approval for and marketing, distributing and selling The Time Machine Series Lasers (TTM Series). In addition to the license granted to the Company, the License Agreement provides for an option to license other fields of use of the infrared laser in the TTM Series, as well as other wavelengths and colors, allowing the Company to develop a range of product offerings.
The Time Machine Infrared Laser 810/830-nanometer (nm) operates in continuous wave mode set at a fixed frequency. The Infrared laser operates at 810/830 nm wavelength and is indicated for temporary relief of minor muscle and joint pain, muscle spasm, temporary increase in local blood circulation and temporary relaxation of muscles. The Company is seeking the United States Food and Drug Administration (FDA) clearance on its over two TTM Series lasers for the applications, including temporary relief of minor muscle and joint pain, muscle spasms, temporary increase in local blood circulation and temporary relaxation of muscles. The Company plans to sell its TTM Series lasers primarily in the United States but intends to have international distribution and marketing channels.
The Company competes with Alma Laser, Clarisonic, Cutera, Cynosure, Erchonia, Lumenis, Lutronic, Palomar, PhotoMedex, MedixSysteme, Real Aesthetics, Sciton, Sybaritic, Syneron, Tria Beauty, Ulthera, Ultrashape, Zeltiq and Zeno.
Medifirst Solutions Inc
4400 US Highway 9 Ste 1000
FREEHOLD NJ 07728-1383