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Bio Diagnostics Company Investment Opportunity in Gurgaon, India

Med-tech R&D company with a patented technology for early stage multi-cancer detection seeks investors.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bio Diagnostics
Locations  Gurgaon + 1 more
Local Time 5:51 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 14 million for 10.0% stake (Native Currency: INR 1,250,000,000)
Reason: Marketing and expanding business in India and global markets, initiating new clinical studies, enlar... View More
Includes physical assets worth USD 1.4 million
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Business Overview
- The company has pioneered the first blood-based cancer detection tests capable of identifying up to 30 common cancers.
- We have consistently focused on innovative solutions for early-stage cancer detection to significantly reduce cancer-related deaths.
- The company employs an ingenious approach that combines cutting-edge experimental tools with the latest advancements in deep learning methodologies.
- With the global rise in cancer incidence, annual cancer deaths have also increased significantly.
- Most cancers are diagnosed at late stages due to the absence of early clinical symptoms, leading to poor prognosis.
- Early detection of cancer can reduce mortality by up to 70%, yet no current methods accurately detect cancer at early stages.
- We have leveraged this opportunity by developing a groundbreaking blood test that detects 30 cancers in both males and females.
- Our product integrates molecular mapping of the physiological state with a deep learning platform to identify cancer-specific molecular signatures.
- The test is a novel, non-invasive blood-based screening method capable of detecting cancers and identifying the tissue of origin from the same sample.
- The 30 cancers detected represent about 90% of new cancer cases each year.
- Our test has achieved an unmatched accuracy of over 98% for early-stage cancer detection.
- This advancement can significantly reduce the global cancer mortality burden.
- The company is in the process of commercializing the test.
- The promoter have over 40+ years of experience in the industry.
- Licenses include CIN, SSM and GST. We have also applied for a USFDA. We have applied to the DCGI (Drugs Controller General of India) for market approval in India. We will launch operations post the DCGI approval.
- Our target audience includes hospitals in India and Singapore.
- Our R&D headquarters are in Haryana, with global headquarters in Singapore.
- We also maintain an office in Singapore with dedicated staff.
Products & Services Overview
Patented technology to detect 30+ cancers.
Target audience are going to be hospitals in India and Singapore.
Assets Overview
2 laboratory equipments (LC-MS/MS) worth INR 8 cr in total and related equipment worth INR 4 cr.
Facilities Overview
The R&D facility, located in Gurgaon, India, is equipped with state-of-the-art equipment, including high-resolution LC-MS/MS, and the necessary infrastructure to process blood and serum samples for testing. The facility spans approximately 3,000 square feet and is currently leased at a monthly rent of INR 1.5 lakh.
Capitalization Overview
Privately funded from promotors and private investors for the pre-series A round of USD 5M.
Shareholders are 2.
No loans or debts outstanding.
Recent Activity
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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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