Biomarker Scanner and Medical Device Biz With ARR Model 1285

September 11, 2024
by an intermediary from Bucknell University in Santa Monica, CA, USA
This Company provides a scientific breakthrough for disease prevention and lifestyle management. The company uses a non-invasive, technology with clinically validated results which provides over 30 biomarkers, analysis, and recommendations. The company’s Digital Wellness Assessment provides an immediate report after a single, 7-minute test. The initial rollout has received overwhelmingly positive responses from physicians, wellness practitioners, fitness centers, spas, DOD agencies, and the U.S. military.
The company has started business development initiatives but now is the time to team up with a strategic or well capitalized acquirer to pursue a nationwide rollout.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities: HQ Norfolk, Virginia. External Distributors
Competition: No direct competitor with non-invasive process and 30+ biomarkers & AI Analysis. CIM analyzes the competition.
Growth & Expansion: Majority owner VC fund made investment, vetted technology and applications and was so impressed the fund took majority ownership. Now with systems and processes in place, the Fund seeks to sell to motivated buyer or strategic partner to implement exponential growth.
Financing: Cash transaction or creative deal structure to make win-win. The majority ownership has 35 years transaction experience and is willing to be flexible in structure.
Reason for Selling: Majority ownership Fund is seeking strong % return for fund performance metrics and willing to have new owner/operator receive future growth rewards.
from Massachusetts Institute of Technology in Portland, OR, USA
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