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Newly Established Diagnostic Substances Manufacturing Company Investment Opportunity in Calgary, Canada

Radiology imaging drug manufacturing company based in Alberta, seeking investment for establishing manufacturing facility.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Public Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Diagnostic Substances Manufacturing
Locations  Calgary
Local Time 2:47 AM Canada / Mountain
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 2.86 million for 26.0% stake (Native Currency: CAD 4,000,000)
Reason: We are raising $4M equity and are looking to follow this for $60M debt financing. We have our first ... View More
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Business Overview
- Company based in Calgary, Alberta focused on the manufacturing and sales of radiology imaging drugs, with a specific emphasis on barium contrast drugs used by both private and government healthcare facilities in the radiology industry, currently in the pre-revenue stage.
- The company is in the process of developing iodine drugs and creating new endohedral fullerene drugs from captured CO2, targeting a market valued at $6.5 billion.
- With plans to commence operations this year, the company emphasizes the strategic importance of critical minerals required for the creation of radiology drugs, and it possesses its own resources, enabling it to vertically integrate its radiology drug business.
- Aspiring to become the first vertically-integrated North American supplier of medical imaging contrast agents, the company is focused on producing a line of generic and new innovative barium and iodine radiology imaging contrast media products. Additionally, involved in the development of a new carbon fullerene drug for magnetic resonance imaging (MRI).
- These products will be supplied to healthcare and imaging facilities. The first contract was signed for USD 1.9M.
- Business has 5 Health Canada drug licenses, partnership and exclusive rights to develop endohedral fullerene drugs for the radiology imaging market, and a carbon capture program for future carbon revenue generation.
Products & Services Overview
Barium contrast drugs used by the radiology industry in private and government healthcare.
Barium sulfate is used orally typically for diagnostic studies of the gastrointestinal tract, which includes the esophagus, stomach, small intestine, large intestine, and rectum.
Used as oral suspension.
Supplied to healthcare and imaging facilities.
Developing iodine drugs and creating new endohedral fullerene drugs from captured CO2.
Assets Overview
No physical assets of significant value.
Intangible assets include:
- Barium sulfate project, valued at CAD$344M.
- 5 Health Canada drug licenses.
- Have partnership and exclusive rights to develop endohedral fullerene drugs for radiology imaging market, and carbon capture program for future carbon revenue generation.
These are valued at CAD 11 million.
Facilities Overview
Looking for financing to acquire our own manufacturing facility. We are currently using a contract manufacturing company.
Capitalization Overview
Funded $8M by equity finance to date. Public listed on TSX: Alberta registered company, 5+ shareholders.
Recent Activity
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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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