Medical Equipment Wholesale Business Investment Opportunities - Invest in a Medical Equipment Wholesale Business

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Profitable Medical Equipment Wholesale Company Investment Opportunity in Bangalore, India

Investment Opportunity In A Clean Room Assembly Center Project Engaged in The Production Of Medical.
We are a professional healthcare company with specific focus on supply of medical devices, medical / surgical disposable products to healthcare facilities. Our target market is presently India and we are planning exports from FY 2015-16. We have successfully obtained license under “Form 28” for manufacturing Medical Devices which come under the purview of Central Licensing Approval Authority ( CLAA ) DCGI. We now have license for manufacturing 34 products under this license which encompasses a range of Catheters, Tubes, EMS Critical Care Products, Surgical Products. We have also successfully obtained license for manufacturing Infusion Therapy products, POP cast and Transfusion Products under “Form 25” from the Karnataka State Drug Control Department. Quality Certifications for the facility and products will be as per: I ) ISO 9001-2008, ii ) ISO VALIDATION FOR CLEAN ROOM, iii ) ISO VALIDATION FOR ETO, iv ) ISO 13485-2003 v ) CE, vi ) WHO – GMP, vii ) GMP, viii ) BIS ( Bureau of Indian Standards ) Registration ( for select products ) During the FY 2011-12, We faced several and severe challenges. The foreign exchange rate went up from Rs. 45 per USD to Rs. 58 per USD. Our lead banker on a technicality of MPBF reduced our Working Capital limit granted earlier for trading activities by Rs. 1 crore. This led to cascading effects and the company faced severe hardships during the period April 2011 to present.
7.6   Bangalore
Run Rate Sales
USD 7 million
40 %
Financial Investment
USD 4.3 million for 50% stake
Contact Business
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