Merriton Medical LLC will be sold due to owner and president Jill Sweazy having been diagnosed with a terminal illness, according to a report on Wednesday.
The company was founded in 2012 and has one product on the market at this time. Uconceive is a patented fertility kit that is posed as an alternative to medical assistance treatments. According to the report, these can cost up to $28,000 and are not often covered by insurance.
Sweazy says the Uconceive product is complete with patent, branding, a website, manufacturing, packaging and a large amount of available inventory. It was originally developed in collaboration by Sweazy and her husband Scott Sweazy, a urologist and fertility specialist.
In the announcement, the company states this is a product that has a large opportunity for growth, especially because the market offers little competition. The product is ideal for those who have experience in the medical field, pharmaceutical companies, medical suppliers and those interested in entrepreneurial opportunities.
Currently, the product is currently sold through the Uconceive website. The kit includes formulas for both men and women and devices that aid in the fertility enhancement process.
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