Bio Diagnostic Business Investment Opportunities in Reading

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Bio Diagnostics Company Investment Opportunity in Reading, United Kingdom

Biotech company seeking funds to begin the production of AI-powered remote health monitoring devices.
- Deep biotech company incubated by a leading university. - We have developed a portable device with AI-powered image recognition capabilities that can analyze Full Blood Count tests. The device will help with monitoring a patient's health from home for conditions such as leukemia and other types of cancer. - Patient can run the tests from their home and once the sample is analyzed, the results are deployed to our platform (app and browser), which is only shared with the designated doctor. - We also provide sophistical tools that help the patient and doctors to track and monitor health over time. - Have our own production facility with a capacity for 100 devices per month and the development of the device is already complete. We have also applied for a patent in the UK. - Revenue model: We will charge a monthly subscription of GBP 1,000 for medical professionals and doctors, and GBP 100 for patients. - Cost of production of each unit is around GBP 1,200 and we have already targeted the production of 1,000 pieces for the launch. - Well-experienced team of experts and medical consultants with over 30 years of industry experience.
Biotech company seeking funds to begin the production of AI-powered remote health monitoring devices.
8.3   Reading
Run Rate Sales
Nil
EBITDA Margin
Nil
Financial Investment
GBP 1 Mn for 10% stake
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