Diagnostic Lab Investment Opportunity in Chennai, India

Contract research organisation handling clinical trials and clinical data management.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2 million
EBITDA Margin
35 %
Industries
Locations
Local Time
9:26 PM Chennai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Investment
USD 670 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
Name, Phone, Email
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Business Name
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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
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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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