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Medical Devices Company Investment Opportunity in London, United Kingdom

Instant diagnostic medical devices company for population diseases seeks financial investment.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Devices
Locations  London
Local Time 3:56 AM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 7.6 million for 30.0% stake (Native Currency: GBP 6,000,000)
Reason: Discounted shares for an early investment of GBP 5 million for 15% of the company are currently bein... View More
Includes physical assets worth USD 190 thousand
Interested to connect with advisors
Documents
Business Overview
- We have a focused objective of bringing our technology for respiratory and prostate cancer to the market as quickly as possible and aim to have the respiratory device in the market within 12 months and the prostate cancer device in the market within 24 months, whilst developing further tests at the same time for more population illnesses.
- We are currently able to test for Covid with one of our devices.
- This device is in the development stages.
- Our company will generate revenue by selling our devices.
- The devices will be manufactured by third parties but will be sold under our brand name.
Products & Services Overview
The technology will be used as a portable point-of-care platform by hospitals, laboratories, diagnostic centers, care homes, and beyond. We are able currently to test for Covid and are now designing and developing a new test for other respiratory diseases and prostate cancer all giving instant results. With the team and partners we have in place, we are in a strong position to market the technology on a global scale both academically and commercially.
Our technology provides instant results and has been proven with Covid. As a point-of-care test, it can go where it is needed, any place, anytime. Designing and developing our devices initially for prostate cancer and respiratory diseases will have an enormous impact on human lives and significant commercial value.
Assets Overview
Physical assets include raw materials, consumables, and devices for testing and clinical trials.
Intangible assets include IP and technology.
Facilities Overview
Our business has offices in London, Birkenhead, and Ireland. All the offices are rented. The London office is our headquarters and is located in the north of the city.
Capitalization Overview
At present, a new business entity has been set up for the new technology we are developing and is in partnership with the Liverpool School of Tropical Medicine and the University of Liverpool. The business is funded by owners' capital. The company has one owner with a 100% stake in the company. The business does not have any outstanding liabilities.
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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