IRVINE, California
| Asking Price |
$4,000,000 |
Year Established |
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| Annual Revenue |
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Reason for Selling |
Seeking supportive capital partners to take to the next level. |
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| Annual P/L |
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Attention |
Rick Carlson |
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| Annual Cash Flow |
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Listing Number |
482917 |
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| # of Employees |
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Business Category |
Services: Medical, Dental |
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Business Overview:
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 $500,000 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.
Property Features and Assets:
Market Competition and Expansion:
Competition: No current option available besides bed rest.
Growth & Expansion: Huge market potential.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity