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Newly Established Medical Devices Company Investment Opportunity in Yerevan, Armenia

Armenia based manufacturer of portable ventilator devices that provide positive pressure equivalent to 2.5-3 bar.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Medical Devices
Locations  Yerevan
Local Time 4:32 PM Asia / Tehran
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 52 thousand for 30.0% stake (Native Currency: SEK 500,000)
Reason: The business is seeking funding to develop production infrastructure and capacity, with the goal of ... View More
Includes physical assets worth USD 44 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Business is a new venture that manufactures portable ventilator devices that weigh 4 kg, which makes them very easy to carry, and have an internal battery that enables the device to be active for 4 hours without connecting to a power source.
- Our device works with positive oxygen pressure, which will work both with oxygen capsules and with the central oxygen system of hospitals and any oxygen device that is able to provide positive pressure equivalent to 2.5 to 3 bar.
- The internal battery of the device can be charged with city and car electricity, and it can also be used in helicopters and ships.
- This product must be installed in all ambulances; its more advanced models are widely used in medical centers.
- Our target group is the Middle Eastern nations and CIS region, which are very weak in terms of technology, and that's why we tried to lower the final price of the product so that these regions can buy more of our products.
- Also special after-sales service incentives for customers. We have already considered replacing the damaged device with a new one during the warranty period.
- The produced samples have been sent to customers for clinical work and the team has started receiving orders from Romania and Hungary.
- Promoter is an Iranian descent but has moved to Armenia to start the company finding investment opportunities.
- Promoter holds two degrees in medical equipment management and engineering and the staff employed are well-qualified and serve as senior directors in respective fields with more than 30 years of work experience.
- Business holds ISO Certificate and Company license.
Products & Services Overview
We manufacture portable ventilator devices which can be sold to hospitals, ambulances and patients at home.
Assets Overview
Physical assets include raw materials such as aluminum, steel, and galvanized, as well as ABS petrochemical raw materials and cores related to production.
Facilities Overview
We currently do not operate from a physical location and are seeking support from the Armenian government for facilities such as space and financial assistance.
Capitalization Overview
Currently, the budget is financed from the capital of the shareholders, and there are two main shareholders with a share of 40% and 60% respectively.
Recent Activity
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1 Investor contacted this Business this month. Register below to connect now!
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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