Canadian Based Medical Device Company for Sale

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.


Detailed Information

Facilities: The Company is located in Sudbury, Ontario.
Terms of Lease:
• 3 Years and renewable
• 1,356 square feet
• $2,000 USD/month

Competition: 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.

Growth & Expansion: 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.

Financing: TBD if structure and terms are acceptable.

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.

Reason for Selling: Other Opportunities