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Listed by:

ProNova Partners

Broker license number: 01820673

Canadian Based Medical Device Company In Sudbury For Sale

Sudbury, Ontario, Canada
Asking Price:
Undisclosed Furniture / Fixtures included
Sales Revenue:
$93,950 (CAD)
Cash Flow:
$2,495 (CAD)

The Company is in the business of developing and commercializing ground-breaking, research-driven and translational rehabilitation systems and platforms for disability alleviation. Its flagship product is a clinically validated, portable, easy-to-use, and personalized hand-function rehabilitation platform. Developed with extensive input from rehabilitation professionals and stroke survivors, and backed by clinical evidence, the System integrates a smart mechatronic device with neuroplasticity-enhancing training protocols and engaging therapy games.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

Facilities: The Company is located in Sudbury, Ontario.
Terms of Lease:

  • 3 Years and renewable
  • 1,356 square feet
  • $2,000 USD/month

Business Operation

Expansion Potential:

The rehabilitation space, in-particular neurorehabilitation, has not seen significant innovation in several decades and as a result any company that has demonstrated clinical efficacy through use of technology and innovation is a high value target for acquisition.

Competition / Market:

Competition can be broadly categorized into two categories:
(a) Active Devices (expensive robotic systems or electrical stimulation systems.
(b) Passive devices (e.g. rubber balls, spring-loaded gloves etc.) that are ineffective.

Reasons for selling:

Other Opportunities.

Employees:
5
Years established:
9

Other Information

Support & training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD if structure and terms are acceptable.

Furniture / Fixtures value:
$16,486 (CAD) - included in the asking price

Listed by

ProNova Partners

Broker license number: 01820673

View 130 ProNova Partners listings