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Medical Device Manufacturing Business For Sale
Location: Australia
Industry: Manufacturing > Medical Device Manufacturing




Business Summary

The device treats lymphedema, a debilitating condition, often seen as a secondary consequence of surgery, particularly mastectomy. Our company has developed a proprietary, IP protected, Low Level Laser Therapy device (LLLT) that has achieved considerable market penetration and consumer satisfaction, and is now selling well in a number of international markets.

The clinically validated device has gained European Union and United States Food and Drug Administration (FDA) approvals/clearance and is the ONLY laser device cleared by the FDA for lymphedema treatment. Additionally, the device has been approved for the treatment of muscular-skeletal pain in both European and Australian jurisdictions with pending authorization in China and Korea. Use for veterinary indications is also approved in the US, Japan and Australia.

The company has now reached a stage of development where the founders believe the local and international growth potential is best fulfilled by seeking a strategic partner to fully capitalize on the undoubted global opportunity. The company has generated a solid platform of business and is now poised for rapid international growth. There is potential to establish positions in other key therapy areas, such as wound healing, based on clinical evidence. Manufacture is scalable to meet global market need and is currently secured with a US, European and Australian regulatory compliant manufacturer.

The company has established a well respected and engaged panel of leaders and collaborators in lymphedema and other indications and consequently holds strong relationships with distributors in the US, UK, Japan, Korea, Philippines and China. Sales have also been made in Turkey, India and South America although distributors have not been appointed. Contact for more information on this medical device manufacturing business for sale.


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $500,000
Cash Flow:   $100,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1998
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  As required, full training available.
Reason For Selling:  Seeking strategic partner.




Print Listing Id: 700147243
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