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Project details

French medical device company seeking Chinese partners for market development

Project region France
Industry Healthcare
Total value of the target N/A
Expected target net rate of return after deducting all taxes and fees N/A
Validity period of pending order 365

CONTACT ADVISOR

  • Simon Laube

    Simon Laube

    Senior Associate, International Business Advisory
Project highlights The firm is open to various forms of cooperation, including equity acquisition, business cooperation with Chinese enterprises with channels and strength, or establishment of joint ventures in China
Project description

The company is a French medical device company, and its main business is research, development, production and sales of cervical cancer detection equipment, generating annual sales of over EUR 20 million with an EBITDA of 2 million euros.
Recently, the company is also actively studying covid testing equipment, and the test package developed by its wholly-owned subsidiary has been approved by the FDA, and has been included in the list of WHO licensed emergency use, and the test can be purchased worldwide within one year.
The company's cervical cancer detection equipment has been initially sold in China, where it hopes to find new partners, especially those with good resources in hospitals/laboratories/obstetricians and gynecologists.
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