Biotech Co. Patents & Medical Device 5% Market Share = $90MM Revenue
Business Description
Biotech Co. Patents & Medical Device 5% Market Share = $90MM Revenue
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 relatively 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. The Company has several strategic collaborations that are expediting the development in a highly-efficient manner and by pursuing an efficient regulatory strategy this 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 ultimately yield the balance of funding to fully deploy a commercial version of the technology.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
About the Business
- Market Outlook / Competition
- Currently no commercially-approved drugs or device alternatives are available at this time.
- Opportunities for Growth
- Huge market potential.
About the Sale
- Seller Motivation
- Seeking supportive capital partners to take to the next level(s).
- Transition Support
- Full team included.
Listing Info
- ID
- 1536762
- Listing Views
- 4829
Listing ID: 1536762 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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