Profile number 105794
10/07/2023 Date added
Located in
West-Nederland
Also interesting for this region (s)
Sector
Healthcare
Type of company
Other
Legal entity
Private limited company
Type of transaction
To be determined
Life phase enterprise
Starting
Employees in FTE
5 - 10
Type of buyer
Investor
Turnover last financial year
€ 0 - € 100.000
Asking price
€ 1.000.000 - € 2.500.000
Earnings before taxes
€ 0 - € 100.000
The company is a privately held company that is specializes in the research and development of flow biopsy tools. It is based in Holland and was founded in 2016. It is the sole inventor and owner of several patents and patent filings and committed to bringing improved medical sampling technologies to market. Whether it’s ctDNA, circulating bacteria, CTCs or other biomarkers, the company has the sampling technology to provide samples that are rich in what is rare. The company team is committed to build the sampling tool that improves the performance of diagnostic tests, without disrupting the workflow.
The company develops flow biopsies, a medical device technology thatprovides samples with highly enriched levels of target biomarkers to greatly improve diagnostic performance. Flow biopsies are valuable when the rarity of biomarkers, such as ctDNA/CTCs/circulating bacteria, constrain diagnostic. The flow biopsy device is an intravenous wire that collects the target biomarker from within the bloodstream over time with a specialized shape and coating and providing the enriched material in a small and purified sample for downstream diagnostic tests. The company has just demonstrated in vivo safety and proof-of-concept. The company has developed an intravenous wire that collects cancer cells as they pass through the bloodstream. The process is simple, painless, works with existing catheters and takes just a few hours. Flow biopsies provide reliable cancer samples, safe and painless, making frequent and accurate diagnoses a reality. The flow biopsies provide a better sample.
The 4 cornorstones of the product are:
Flow biopsies will provide a safer and more reliable alternative to tissue and fluid biopsies that can be performed as often as the physician requires. We improve Dx performance
We integrate into DX workflow and into the clinical workflow. We provice a scalabele solution and own the IP. We’re in an uncrowded niche. Only two competing technologies are being developed by two other initiatives. We’ll be the next standard in sampling blood.
The company plan is simple:
Flow biopsies will provide a safer and more reliable alternative to tissue and fluid biopsies that can be performed as often as the physician requires. We’re raising €900K for step 2a of the plan: setting up collaborations with diagnostic companies and to prepare step 2b: finalizing development for first-in-man. We will continuously pursue additional non-dilutive funding, and currently have an ongoing Eurostars application for €500K and IHI consortium application.