Medical Devices Company Investment Opportunity in Ontario, Canada
Company has developed a medical device in the Gynecology space seeks investment to launch the product.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Medical Devices |
| Locations | Ontario |
| Local Time | 6:25 PM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
2.15 million
for
35.0%
stake
(Native Currency: CAD 3,000,000)
Reason: Need R&D investment to grow the portfolio in gynaecology space with pure-play to suit investor inter...
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Interested to connect with advisors
Documents
Business Overview
- Ontario based start-up company that has developed a handheld hysteroscopic morcellation device.
- We are in a pre-revenue stage with a working prototype and intellectual property in place.
- The product was designed to increase the number of office-based procedures and it is specifically targeted at US and European markets.
- This company is a spin-off of another Indian company and we are using that facility for R&D. Promoter is one of the investors in the India based company and that company has 40 staff to support this project and investment.
- The India based company has over 10 years of experience in laparoscopic hysteroscopy and myomectomy space and has experienced management team in place.
- We have independent market research report as supporting document.
- Business owns the prototypes and IP of the product.
- We are in a pre-revenue stage with a working prototype and intellectual property in place.
- The product was designed to increase the number of office-based procedures and it is specifically targeted at US and European markets.
- This company is a spin-off of another Indian company and we are using that facility for R&D. Promoter is one of the investors in the India based company and that company has 40 staff to support this project and investment.
- The India based company has over 10 years of experience in laparoscopic hysteroscopy and myomectomy space and has experienced management team in place.
- We have independent market research report as supporting document.
- Business owns the prototypes and IP of the product.
Products & Services Overview
We have developed a handheld hysteroscopic morcellation device designed for increasing numbers of office-based procedures specifically targeted at US and European markets.
Facilities Overview
We currently do not have an office space or research centre. As this business is a spin-off of another India based company we are using that facility for R&D. This India based company has 40 staff to support this project and investment. The promoter is one of the investors in the India based company.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysCo-founder, Lewes, Financial Consultant connected with the Business
-
Earlier than 15 daysOwner, Healthcare - Medical Device, Tampa, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Medical Devices, Toronto, Individual Investor / Buyer connected with the Business
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