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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.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bio Diagnostics
Locations  Reading
Local Time 9:08 AM Europe / London
Listed By Management Member
Status Active
Overall Rating
Seeking Investment
USD 1.1 million for 10.0% stake (Native Currency: GBP 1,000,000)
Reason: Seeking funds to being production and launch the product. Post obtaining funds, we target to launch ... View More
Includes physical assets worth USD 28 thousand
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Business Overview

- 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.

Products & Services Overview

Portable device to monitor the patient's health remotely.

Assets Overview

Production equipment, 3d printers, 10 portable monitoring devices.

Facilities Overview

Rented 60 sq mt facility.

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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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