Continuous Gluscose Monitoring Device - Pre Market

Not Disclosed, CA
San Diego County


Asking Price: Annual Revenue:
$2,000,000 Not Disclosed

Services: Medical, Dental


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RE: Continuous Gluscose Monitoring Device - Pre Market Broker: Linnea Westlake

Quick Facts

Asking Price: $2,000,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 446833008
Broker Reference #: 2401-715627

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Business Overview:

Continuous Gluscose Monitoring Device - Pre Market Asset Sale

Wearable Glucose Sensor - Continuous Glucose Monitor. Company founded in 2013. Over $9.5M invested. Patent pending technology intends to provide highest value and accuracy with lowest sensor drift. It is the foundational technology for the artificial pancreas. With 23.1 million diagnosed and an estimated 7.2 million undiagnosed diabetics in the US and 422 million worldwide (WHO, 2014), continuous, prick free monitoring will offer patients and their doctors painless affordable continuous data to monitor and even potentially reverse the disease in pre-diabetic and Type II diabetics. 1st round of clinical trials have been completed following patent filing and extensive research but it's not past risk threshold yet. Continuous Gluscose Monitoring adoption currently represents about 7% of the market but it is expected to grow to perhaps 34% by 2026 with an affordable alternative. Research and Development is based in San Diego, CA. Asking $2,000,000

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Reason for Selling:

Needs home with buyer who can infuse capital.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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