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Medical Supplies Company Investment Opportunity in Hyderabad, India

Listed company producing auto-retractable safety syringes, seeking funds to setup a local manufacturing unit.
- This is a listed company established in 1991. The company was initially manufacturing safety gloves. It was acquired by us in 2016, to start a new product in the medical devices market. - There are no sales post our acquisition since we discontinued the production of existing safety gloves to enter into innovative market of medical devices. - Our new product is the auto-retractable safety syringe, which is patented by an Australian company. We have made an agreement to have 75% holding with this Australian firm. - This product would help in avoiding needlestick injuries (NSI) and ensures operational safety. The pilot batch of these products are being tested by a few hospitals in UAE, Africa, Europe and India. - Our pilot batch is produced by a contract manufacturer in Malaysia using manufacturing equipment provided by us. We are looking to acquire this manufacturing facility and upgrade the infrastructure. - We are also looking to setup a global manufacturing unit in India for exporting the same to different countries. We have ascertained healthy demand for this device in Global healthcare space which emphasizes on operational safety.
7.2   Hyderabad
Run Rate Sales
Operating at break even
Financial Investment
USD 10 million for 25% stake
Contact Business
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