Newly Established 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 Business is on a Premium Plan
Established 0-1 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 11:55 AM United States
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 2.4 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... View More
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
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.

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.

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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