Earlier today, View Systems, Inc.
(OTC: VSYM), a manufacturer and installer of non-invasive weapons detection
systems for government and commercial use, announced it has entered into a
definitive agreement to acquire Y.M. Advantage, Inc. (YMA), a private
corporation engaged in the acquisition, development and management of medical
clinics providing treatment for various medical issues. Through this
acquisition, View Systems aims to achieve greater market penetration while
promoting sustainable financial growth.
“As previously announced, our
exploration and execution of M&A agreements are by no means an exit from
our current focus of operations,” Gunther Than, chief executive officer of View
Systems, stated in the news release. “After careful selection and due
diligence, we’re excited to announce our acquisition of YMA, which will help
View Systems gain traction in obtaining exposure, application and market
penetration of our products.”
YMA’s business model focuses
primarily on the acquisition of concierge, all-inclusive medical practices,
particularly those relating to issues of male sexual dysfunction – including
erectile dysfunction, testosterone replacement therapy and premature
ejaculation. By targeting this niche in the medical community, YMA seeks to
capitalize on current market trends that are being magnified by the aging
population and a sharp rise in the prevalence of certain medical conditions.
Market statistics support YMA’s
strategy. According to a report by Transparency Market Research, the increasing
incidence of genitourinary diseases and a shifting preference toward a
sedentary lifestyle represent lucrative opportunities in the male sexual
dysfunction market moving forward. The company estimates the current U.S.
market for erectile dysfunction at $6 billion, and aging baby boomers are
expected to provide an expanding pool of prospective clients over the next
decade.
In the past, major pharmaceutical
companies Pfizer (NYSE: PFE) and Eli Lilly and Company (NYSE: LLY) have led the
way in the male sexual dysfunction market with Viagra and Cialis, respectively,
but projections suggest that this could be set to change in the coming years.
While Viagra will maintain patent exclusivity until 2020, it is one of the
final holdouts in the market. As exclusivities expire, industry data suggests
that there will be an opportunity for new players to grab market share with
innovative new drugs addressing medical conditions that are increasingly prevalent
throughout the aging population. This should ensure that YMA’s targeted medical
practices remain in high demand for the foreseeable future.
“Our board of directors consists
of physicians who are well versed in the medical arena and have started and successfully
operated clinics and medical practices,” continued Than. “They believe that
this acquisition will dramatically enhance our revenue and provide for a wider
ranging business practice.”
Look for View Systems to leverage
the high demand for treatments related to male sexual dysfunction in order to
promote strong financial growth. By acquiring YMA and maintaining its current
focus of operations, the company becomes a diversified investment opportunity
with tremendous upside for prospective shareholders.
For more information, visit
www.viewsystems.com
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