Medical Device Company with Patented Technology

Not Disclosed, CA
Alameda County


Asking Price: Annual Revenue:
Not Disclosed Not Disclosed

Services: Medical, Dental


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RE: Medical Device Company with Patented Technology Broker: Shailendra Gupta

Quick Facts

Asking Price: Not Disclosed
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: 2014
Employees: Not Disclosed
BBN Listing #: 533663668
Broker Reference #: 012722-824268

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Business Overview:

Transworld Business Advisors of Fremont DRE# 02194963 presents:

This medical technology company offers biostimulation solutions to perform pain management and face rejuvenation at biological (cellular) level, addressing two separate multi-billion dollar market opportunities.
Company has successfully introduced two product lines in global markets, backed by two granted utility patents and one US FDA 510K clearance. Five additional utility patent applications are expected to be filed soon.

Current and potential customers include OTC (end-user), healthcare (clinic) and medical (hospital) sectors. Clinics and hospitals also serve as distribution channels (e.g., for post-surgery care) along with online and physical retail outlets such as pharmacies. ~2000 units of their products were sold overseas from 2017 to early 2020 in price range of $80-$150 per unit. However, there has been little to no effort in product marketing since late 2020.

The founder wishes to sell two granted utility patents, FDA 510K, five future utility patent applications and two existing product lines (hardware, firmware, mechanical design, mobile apps, and cloud server) to the right buyer. The founder is also willing to continue working under the new ownership to further enhance their success.

Agent: Shailendra Gupta DRE# 02169356

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Reason for Selling:

Exit

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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