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Medical Devices Company for Sale in Hong Kong

For sale: Independent, contract clinical research and consultancy company based in Hong Kong.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 100 - 200 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Devices + 1 more
Locations Hong Kong
Local Time 4:05 PM Asia / Hong Kong
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 200 thousand (Native Currency: HKD 1,500,000)
Reason: Owner and director of the company has accepted a job offer in the United Kingdom and will therefore ... View More
Includes physical assets worth USD 13 thousand
Documents
Business Overview

- Non-operational firm providing independent contract clinical research.

- Operations have currently ceased since the start of the COVID-19 pandemic.

- Provided clinical trials-related services and clinical research consultancy services.

- Typical clients included small pharmaceutical, biotech, medical device, and contract research organization from Europe.

- The average value of the contract used to be around HKD 800,000 - HKD 900, 000.

- The company has established preferred partners in Australia, Taiwan, China, Thailand, Vietnam, Malaysia, Australia, and India.

- Unfortunately, as a result of the COVID-19 pandemic we had to turn down contracts with several clients.

- The buyer of the company has a huge potential opportunity to access the pharmaceutical, biotech, and medical device markets in China.

- To date, our company is the only independent contract clinical research company in Hong Kong.

Products & Services Overview

Clinical trial consultancy.

Clinical trial project management.

Clinical trials monitoring.

Site management services.

Clinical trial quality assurance and GCP auditing Regulatory affairs.

GCP training.

Assets Overview

Company brand and reputation.

Legal entity.

Client base.

Computer system which contains business documentation, standard operating procedures, client database, and emails.

Microsoft Office 365 email account and all client-related emails.

Business banking facilities (HSBC)

Facilities Overview

The office is located in the heart of Central at a grade A listed building. It consists of a serviced office and is a multi-functional business hub with access to specialist accounting services and corporate services.

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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