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Med-tech innovation and design

Reference
S7698
Turnover
Less than £0.5m
Sector(s)
Engineering, Medical, Retail & wholesale, Technology
Region(s)
UK Wide, Outside UK
Added
30 April 2021

Business description

The Company has already developed an industry changing product which has been shown to reduce costs for hospitals by 80%. Additionally, they have Intellectual Property coverage of this product over 86% of the worlds population.

Highlights

  • Forecasted sales of £27 million and EBITDA of £14 million by 202
  • Existing product is accredited and endorsed by various NHS and Private Health firms
  • 86% of the worlds population covered by Intellectual Property
  • 80% reduction in costs for hospitals

With investment the Company plan to:

  • Accelerate sales & marketing
  • Expand the product portfolio
  • Develop the existing IP coverage
  • Improve manufacturing distribution
  • Expand into foreign markets

Opportunities

  • Shareholders are seeking investment into the Company
  • Alternatively, they will consider an offer to purchase the IP Coverage
  • Any interested parties will be required to sign a Non-Disclosure Agreement

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