BioTech Medics, Inc.
(BMCS:OTC)
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Market Cap
3.7M
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Total Revenue
476.8K
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EBITDA
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BMCS Details
BioTech Medics, Inc. engages in the manufacture and sale of medical laser devices for the treatment of various symptoms and physical ailments of the human body associated with pain in the United States. It also trains and certifies medical professionals in the use of its laser devices; and manages pain management and wellness medical centers in the United States. The company also developed the patented SHBAN solution, a non-alcohol based antimicrobial product. In addition, it sells BioBody Products containing liquid vitamins and minerals, and other ingredients. Further, the company distributes the NeuroLase 150C medical laser devices in Colorado Springs, Colorado. It was formerly known as Corbel Holdings, Inc. and changed its name to BioTech Medics, Inc. in November 2004. The company was incorporated in 1997 and is headquartered in Irving, Texas.
Key developments for BioTech Medics, Inc. (BMCS)
BioTech Medics, Inc. has received independent clinical testing results of its SHBAN(TM) Hand Sanitizer Solution to prove SHBAN(TM) kills the H1N1 (Swine) Influenza A virus. An ATS Lab Study proves that SHBAN Antiseptic Hand Sanitizer caused a 96% reduction (killing) of the H1N1 virus titer using an ex-vivo skin model test method. The SHBAN Antiseptic has had other independent clinical tests which demonstrated the SHBAN ability to continue to kill virus titer, germs, fungus, mold, mildew and bacteria over various testing periods from 10 seconds to 4 hours. This study and a half dozen other studies confirms the long-lasting effectiveness of SHBAN in reducing germs, bacteria and viruses. Alcohol gel hand sanitizers only kill germs while wet about 12 to 15 seconds. SHBAN has also been independently clinically tested to prove SHBAN is non-toxic (causing no dermatitis on human skin). BioTech recently announced foreign distribution agreements in Turkey, Dubai and Brazil (pending). Additional distribution negotiations are in progress for Qatar, Greece, Mexico, Central America and Thailand. BioTech Medics estimates 2010 SHBAN worldwide sales at $50 million. USA distribution agreements are also pending.
BioTech Medics Inc. announced that they have entered into a wholesaler Distribution Agreement for BioTech's patented and exclusive SHBAN Antimicrobial Hand Sanitizer Products with a Dubai distributor. The initial income and fees to BioTech for 2009 for the Dubai Distributorship is $58,800 and projected $2,000,000 in sales for 2010.
BioTech Medics Inc. announced that it has received preliminary independent clinical testing of its patented SHBAN(TM) Hand Sanitizer Solution to demonstrate it kills the H1N1 (Swine) Influenza A virus. Preliminary lab results indicated that SHBAN Hand Sanitizer Solution at three different concentrates caused a reduction (killing) of the H1N1 virus titer within one (1) minute. The SHBAN Solution continued to work and increased the kill of the H1N1 virus titer over a testing period of 30 minutes. This study confirmed the long-lasting effectiveness of SHBAN Solution in reducing germs, bacteria and viruses. Additional studies are being conducted. Significantly, SHBAN has also been independently clinically tested to prove SHBAN is non-toxic (causing no dermatitis on human skin).
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Industry Analysis
| Valuation | BMCS | Industry Range |
| Price/Earnings | -- | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | -- | Not Meaningful |
| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 7.8x |
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BMCS transactions
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| No transactions in the last 6 months. | ||
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