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Listed by:

LINK Silicon Valley

Broker license number: DRE: 02143104

Patented Iot Medical Device Technology For Sale

San Francisco Bay Area, California - North, US
Asking Price:
$1M - $5M
Sales Revenue:
Under $100K
Cash Flow:
Under $50K

Designed by a team of accomplished entrepreneurs, and engineers, this medication management system is a great opportunity for an existing player(Partner, Investor or Acquirer) in ‘Aging in Place’ and ‘Caregiver’ market segments or a new player who wants to enter this growing and attractive market.

This technology addresses a major problem in the marketplace for patients with chronic condition who have many prescriptions to take in varying cycles. Medication adherence is a serious issue in senior care resulting in expensive emergency visits. This sophisticated robotic-oriented technology can sort the pills from their containers before dispensing making sure the right pills are taken at the right time. There is no pre-sorting required for the pills. The intelligent dispenser segment is a fast growing category of products.

Founding team is committed to the success of the technology acquirer. They are available for seamless transition and post-acquisition support. Founding team is open to sale of the business or license of the technology . This FDA Class 1 Medical Device is patented. Licensee will receive a comprehensive engineering package that expedites your commercialization to market.

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