Hot Listing
Canadian Based Medical Device Company for Sale
Business Description
Medical Device Company
The Company is in the business of developing and commercializing ground-breaking, research-driven and translational rehabilitation systems and platforms for disability alleviation. Its flagship product is a clinically validated, portable, easy-to-use, and personalized hand-function rehabilitation platform. Developed with extensive input from rehabilitation professionals and stroke survivors, and backed by clinical evidence, the System integrates a smart mechatronic device with neuroplasticity-enhancing training protocols and engaging therapy games.
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
- Years in Operation
- 9
- Facilities & Assets
- The Company is located in Sudbury, Ontario.
Terms of Lease:
• 3 Years and renewable
• 1,356 square feet
• $2,000 USD/month - Market Outlook / Competition
- Competition can be broadly categorized into two categories:
(a) Active Devices (expensive robotic systems or electrical stimulation systems..
(b) Passive devices (e.g. rubber balls, spring-loaded gloves etc.) that are ineffective. - Opportunities for Growth
- The rehabilitation space, in-particular neurorehabilitation, has not seen significant innovation in several decades and as a result any company that has demonstrated clinical efficacy through use of technology and innovation is a high value target for acquisition.
About the Sale
- Seller Motivation
- Other Opportunities
- Transition Support
- As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
- Financing Options
- TBD if structure and terms are acceptable.
Listing Info
- ID
- 2407549
- Listing Views
- 291
Listing ID: 2407549 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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