Biotech Company Patents & Medical Device Market Share
www.GlobalBX.com
Listing ID:
700323360
Listing Title:
Biotech Company Patents & Medical Device Market Share
Quick Link:
http://www.globalbx.com/listing.asp?bId=323360
Industry:
Health and Medical
Industry Segment:
Medical Devices
Country:
United States
State / Province:
California
Area
Southern California - All Southern California
City:
Irvine
Asking Price Range:
$2.5M - $5.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2016
Number of Employees:
1 - 3
Business Description:
The Company has proprietary technology that addresses a leading cause of maternal death (76,000) and fetal death (500,000) annually worldwide. 8% of pregnancies in the US and 14% worldwide have diagnoses that would be vastly improved by worldwide commercialization of the Company's proprietary device. A very low-risk procedure that both provides quality of life improvement for the mother & baby and lowers health care costs is a win/win/win for all involved.
Existing collaborations with major manufacturers coupled with a current expedited approval process with the FDA presents a tremendous opportunity for individuals or private equity groups seeking a transformative investment into a feel-good biotech story with exceptional legs and a vast runway with nearly unlimited upside. Able to work with groups/individuals in tranches of $500k to $1MM to advance into the pilot clinical study, $2-$3MM for the pivotal clinical study towards market approval in the US.
They will seek direct sales with partnered hospitals, licensing / partnership deals could utlimately yield the balance of funding to fully deploy a commercial version of the technology. NDA is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Competition: No current option available besides bed rest.
Growth & Expansion: Huge market potential.
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