Biotech Co. Patents & Medical Device 5% Market Share = $90MM Revenue

Irvine, CA
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Asking Price:$4,000,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Irvine, CA
Inventory
Not Included in asking price
Competition
Currently no commercially-approved drugs or device alternatives are available at this time.
Growth & Expansion
Huge market potential.
Support & Training
Full team included.
Reason for Selling
Seeking supportive capital partners to take to the next level(s).
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Rick
Carlson
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Rick Carlson