John Smith
Calgary, AB (CAN)
Role(s):
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Startup
Location:
Calgary
Industry:
Pharmaceuticals
Description:
This is an early stage opportunity in the commercialization of a medical device of interest to US military and point of care civilian markets globally; $56 billion dollar market; moderate to high risk with exceptional upside potential. Talented and recognized expert management team is in place. Capital requirement of $5million for 10% of deal, 4-7 duration to liquidity, conservative projection of 21.9-41.4% return on investment (4x investment). Use of funds: Development of in-depth commercialization strategy; legal, accounting and technology consulting and development fees; risk mitigation activities; salaries, office and travel expenses. The commercialization strategy and implementation plan will dictate need for future funding.
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