NEXsprouT is an advisory firm that assists companies in driving innovation, bringing ideas to market, and maximizing strategic value.

Advisory

NEXsprouT LLC has over 35 years of advanced technology and medical device experience in private and public company environments.

Strategic experience includes:

  • Market opportunity assessment
  • OEM and proprietary products
  • In-house and outsourced product development
  • Direct sales and distribution
  • Outsourced sales and global distribution through strategic partners
  • Intellectual property strategies that optimize value
  • Financing strategies that target equity preservation while meeting business needs

Our experience supports clients in developing business plans, growing sales, improving margins, increasing supply chain efficiency, and strategic partnering for mutual benefit. When it comes to exit strategies and public markets, NEXsprouT has M&A and Board of Director experience in private and NASDAQ, AMEX, TSX and OTC listed companies.

Licensing & IP

NEXsprouT assists companies by developing flexible product licensing terms to maximize opportunity while managing risk. NEXsprouT has a thorough understanding of the unique issues surrounding global patent and trademark strategies and patent and technology licensing for commercialization, and we can help guide companies through this process.

Financing

NEXsprouT can consult with companies and potentially participate in financing to develop and commercialize ideas and technologies.

Financing experience:

  • Seed funding
  • Angel funding
  • Research grants
  • Private equity
  • Investment from strategic companies
  • Public markets

About NEXsprouT

David McNally, Founder and Manager

Since co-founding my first company at the age of 25, I have been inspired to make a difference in the medical industry in many meaningful ways. I enjoy helping patients and caregivers, collaborating with global thinkers and creating a workplace that brings out the best in everyone.

As a successful entrepreneur, I have always loved bringing people together to solve difficult technical problems and challenge global leaders in the medical device industry. I have collaborated with talented teams on the development of intellectual property, as well as award-winning medical devices. In addition, I have a proven track record of raising capital and leading private and publicly traded companies – from founding to Nasdaq trading.

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