BioElectronics Corporation (BioElectronics) is a maker of disposable, inexpensive, drug-free, anti-inflammatory medical devices and patches. The company is principally engaged in the development and marketing of drug free anti-inflammatory patches. Its products are marketed under ActiPatch, Allay, RecoveryRx and HealFast brand names. It products are used in therapeutic areas including surgical recovery, healing of chronic wounds, menstrual pain relief, musculoskeletal complaints such as back pain, chronic repetitive stress injuries, heel pain, carpal tunnel syndrome, and dental and oral surgery recovery. In addition, the company has signed agreements with distributors in 13 countries. The company is headquartered at Frederick in Maryland, the US.The company reported revenues of (U.S. Dollars) USD 0.72 million during the fiscal year ended December 2008, an increase of 18.91% over 2007. The operating loss of the company was USD 1.75 million during the fiscal year 2008, as compared to an operating loss of USD 1.28 million during 2007. The net loss of the company was USD 1.85 million during the fiscal year 2008, as compared to a net loss of USD 1.93 million during 2007.