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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
1:00 AM United States
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 2.1 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
Recent Activity
  • 1 week, 2 days ago
    CEO, Milan, Financial Consultant connected with this business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more