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Amy D. Rix, Interim CEO, Founde Amy D. Rix, Interim CEO, Founde Stop the Bleed with… NO NO se se BLEED BLEED Inc.

Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

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Page 1: Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

Amy D. Rix, Interim CEO, FounderAmy D. Rix, Interim CEO, Founder

Stop the Bleed with… NONOseseBLEEDBLEED …

Inc.

Page 2: Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

Problems that can be associated with frequent nosebleeds:

o Embarrassing especially when out in publico Loss of dignityo Loss of clotheso Having to stop what you are doingo Loss of time in a game (sports)

2

Social/Public Issues…Social/Public Issues…

Page 3: Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

Benefits of NOseBLEED•Is non-invasive to the nose•Does not restrict normal breathing•Stops nosebleeds in ~1-2 minutes•Product is digestible

TechnologyTechnologyTechnology Technology

Solution: Stop the bleed Solution: Stop the bleed with…with…

Technology

Page 4: Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

Market

• 2003 Study – 440 million total US nosebleeds per yearo Benninger and Marple - medical study (published/peer reviewed)

• 2008 Market Research Study- 700 million recurrent (more than 1 per month)

nosebleeds per yearo Leading online survey company

Sizable NeedSizable Need

Market

Page 5: Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

• Contract Manufacturing• Joint-venture distributors

―Cardinal Health―McKesson

• Direct sales model―Breathe Right Strips (CNS Inc.)―DURABOND (Closure Medical Corp.)

Partner and Exit OptionsPartner and Exit Options• CPC Licensing/Acquisition Options

―Johnson & Johnson (Closure Medical Corp., DURABOND)―GSK

• Medical Supply Licensing/Acquisition Options ―McKesson―Cardinal Health

Business

Business Model/ExitBusiness Model/Exit

Business

Page 6: Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

Financials

Financial ReturnFinancial ReturnYear 1 2 3 4 5

($ Millions)

Market Size* $648.0 $673.9 $700.9 $1,403.8 $1,460.0 Market Penetration** 3% 6% 9% 12% 15%

Revenue $19.4 $40.4 $63.1 $168.4 $219.0

Gross Margin $6.6 $13.7 $21.4 $57.3 $74.5 % of Revenue 34% 34% 34% 34% 34%

EBITDA $3.7 $8.8 $14.4 $44.8 $61.3 % of Revenue 18.9% 21.8% 22.8% 26.6% 28.0%

* Total Addressable Market (top 2 market segments yr 1-3, all segments yr 4-5)

** Source 2008 Market Study, Propensity to Buy Results = 18%

Page 7: Amy D. Rix, Interim CEO, Founder NOseBLEED Stop the Bleed with… NOseBLEED … Inc

Milestones

Seed Round Milestones: • Regulatory opinions -

• Prototypes –

• Material selection –

• Market research –

• Segment strategy -

• FDA approval – Ongoing

• Manufacturing partner(s) – Ongoing

• Sterilization process – Ongoing

~$350K

Series A Milestones:Series A Milestones:

• $100 million revenue$100 million revenue

• Cash flow positiveCash flow positive

• Partner agreement and Partner agreement and exit exit

• IP ContinuationIP Continuation

$2.5 Million$2.5 Million

Value CreationValue Creation

Financials