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Diagnostic Lab Investment Opportunity in Chennai, India

Contract research organisation handling clinical trials and clinical data management.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 1.8 million
EBITDA Margin 35 %
Industries Diagnostic Labs
Locations  Chennai
Local Time 9:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 600 thousand for 40.0% stake (Native Currency: INR 50,000,000)
Reason: The promoter of the company has set things rolling. Has immense experience and thorough knowledge of... View More
Business Overview

- We plan to start a 3rd party contract research organisation, which would handle clinical trials and clinical data management.

- This the clinical trials industry is worth 600 crores - 800 crores in India alone.

- The primary promoter of the company has extensive experience as a medical doctor in the ICU and emergency specialist and as an investigator in more than 200 clinical trials.

- Tie up with more than 150 hospitals all over India, to conduct the test patients.

- The promoter was the Project head for clinical trails in a major company and has gained immense contacts in the pharmaceutical industry worldwide.

- The testing labs and offices are being setting which would require 3 - 4 Months to set up.

- The main target market would be the pharmaceuticals in the US and Europe.

- The company already has a consultant working as in the US for Business Development.

- The company estimates that it would have at least 2 projects in the first year of operations and each project would be at 15 to 20 crores.

- The business has 3 project which are currently in talks.

- The lab will have the capacity for 4 large trails to be carried on parallely.

- The promoter has an MBBS from Vellore and an MD in Forensic medicine.

Products & Services Overview

Clinical trial management.

Clinical data management.

Regulatory consulting.

Facilities Overview

Primary office located in Chennai, India. Tie up with more than 150 hospitals all over India. Planned marketing office in the US.

Capitalization Overview
Not Disclosed
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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