| Contract R&D Lab with IPs |
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Indianapolis, Indiana ,
United States
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INDUSTRY
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BUSINESS SUMMARY
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The company was started in 2006 and has concentrated on developing and patenting processes on the production of large molecules. There are 5 patents that are completely owned by the founders and principals. With only $150,000 in debt, the assets, are basically unincumbered.
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BUSINESS FINANCIALS
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Asking Price: |
$70 Million |
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Past Annual Revenue: |
(12 month gross) $1 Million |
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
Sub S |
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Date Founded: |
2/2006 |
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Furniture, Fixtures, and Equipment: |
Less than $2 Million |
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# of Profit Centers: |
1 |
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Headquarters/Main Location: |
Rent/Lease
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Time on lease/mortgage: |
3 to 10 years
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Is Business Relocatable? |
Yes |
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Sellers Web Site: |
www.elonabiotech.com
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MARKET OUTLOOK/COMPETITION
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| The market for generic biologics is estimated at $80 Billion. Currently, there are no players in this field; however, many are trying. Two of our products are being filed with the FDA. With clinical trials, and other necessary studies needed, we anticipate being commercial in around 30 months. |
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DETAILS ABOUT THE SALE
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Reason for Selling
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The company was founded by research scientists. The products need commercialization, and manufacturing expertise. |
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Is Management Willing to Stay?
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Yes
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Are You An Intermediary?
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No
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Broker Cooperation
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None |
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Financials
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Asking Price |
| $70 Million |
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Past Annual Revenue |
(12 month gross)
$1 Million |
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Web Site Design
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