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Advanced Medical Technology Company for Sale in Bangalore, India

For sale: Healthcare technology company with activities in medical research and medical software development.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 35 %
Industries Advanced Medical Technology
Locations  Bangalore
Local Time 11:55 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.8 million (Native Currency: INR 240,000,000)
Reason: The product we have built needs a larger player to market and commercialize the same, hence looking ... View More
Includes physical assets worth USD 116 thousand
Interested to connect with advisors
Documents
Business Overview
- An ISO 13485:2016, ISO 27001:2013 and ISO 9001:2015 certified company.
- Our firm has developed a product that identifies early indicators of Type 2 diabetes, hypertension, and dyslipidemia before a blood test.
- We have researched on the same for 4 years and developed a software that allows screening by a video to identify the disease.
- Have done all the clinical trials and received approvals from CDSCO for to conduct business in India.
- The software is developed and maintained in-house.
- We have generated revenue of INR 1,00,000 by screening 2 corporates with 300-350 people and an average price per screening is around INR 250 to 500.
- The business can be used by insurance companies and corporates to screen a person and can charge an average test price for the same, the demand for this is expected to rise with the ongoing Covid situation.
- Have also been listed on Matter & Nasscom.
Products & Services Overview
Developed a product that identifies early indicators of Type 2 diabetes, hypertension, and dyslipidemia before a blood test.
Assets Overview
The physical assets of the company are cameras & accessories.
The intangible assets include IP, technology, patents, clinical data, and regulatory permissions.
Facilities Overview
Leased office space of 3,000 sq. ft. at Bangalore for research and product development. The monthly rent paid is INR 50,000 with no security deposit paid. The lease is transferable to the buyer.
Capitalization Overview
Its a self funded startup with no debts or loans 92% of the business is with the promoters 8% stake given to an external investor.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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