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Inventive Products seeking to be acquired after Sensor Pad OTC clearance.

This article was originally published in The Gray Sheet

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Executive Summary

INVENTIVE PRODUCTS, INC. SEEKING ACQUISITION PARTNER TO MARKET SENSOR PAD breast exam aid in the wake of FDA's Nov. 14 clearance of the device for OTC use. The privately held, Decatur, Illinois-based firm says that it lacks the resources to effectively market and distribute the product nationally and company hopes to find a larger firm -- with which to merge. Sensor Pad consists of two layers of plastic filled with a silicon lubricant and is used as an aid for women in conducting breast self-examinations.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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