Photo - Sol Medical LTD
58402

Sol Medical LTD

Manufacturing of medical devices, and sales in a whole world

Poland, Pomerania
Market: Medicine, Production, Trade
Stage of the project: Prototype or product is ready

Date of last change: 02.09.2022
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Idea

We are develop and produce medical devices in different factories, and sale it throught the distribution network

Current Status

Annual turnover in 2022 will be about $50,000. Some products are ready, and a few needs to be improved. I've already sent samples to different countries, and got great feedbacks, so now we just need to produce a large batch of goods and start signing the contracts.

Market

Our customer is local dictributor of medical devices, our model of business suggests to find only one in each country and sign an exclusive agreement.
In my expirience and opinion, with proper funding in a 3-4 years we can reach an annual turnover of 7-10 million $. Of course if pandemics and wars do not interfere, than it can takes more time.

Problem or Opportunity

There are no global problems in this market. There are a lot of competitors and different products, but during my carier in this niche, more than 12 years, I know that there is no strong company, which can be called the industry leader, and it means that we can and should take this place.

Solution (product or service)

To get there and become No.1 in the world, we need large budget, to participate different congresses, and may be even hold own congress or exhabition. And have enough products in stock. That's why we are looking for investments

Competitors

A lot of competitors

Advantages or differentiators

As for product, everything in this business can be copied, but our strategy is to build a strong brand. In the future, we can expand the research and development department, and patent medical devices.

Finance

Sales

Business model

Distribution network

Money will be spent on

Producing butch of goods and participate in exhibitions

Offer for investor

We will agree on your share in the negotiation process

Risks

Budget deficit, war, pandemic, any else force major situation in the world

Incubation/Acceleration programs accomplishment

No

Won the competition and other awards

No
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation