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Australian Biotech Company Seeking Venture Partner For Sale

Osborne Park, Western Australia, Australia
Asking Price:
Over $5M (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

Myopia is one of the common eye disorders in the world. The prevalence of Myopia is about 30 to 40 percent in Europe and the United States, and up to 80 percent or higher in the Asian population, especially in China. With an aging world population, the number of patients needing vision correction of all kinds will grow exponentially over the coming years, with laser based procedures becoming further established as the best tools for the job. It has been predicted that by 2050, half of the world population will be myopic. As per Kalorama Information USA, the popularity of laser vision correction coupled with newer technologies, such as laser vision correction and intraocular lens implants, are setting the stage for tremendous worldwide growth in the refractive vision correction market. As per Grand View Research Report April 2017 that World Ophthalmic Laser Market is anticipated to reach 1.6 billion$ by 2015 with the compound annual growth rate of 5.9%.

CV Laser Pty Ltd (CVL) is a Perth based Australian Biotech Company with significant strengths in the areas of research and development, commercialization of technology, production and marketing. The Company has developed a significant patented solid state technology base which was used for Laser Vision Correction (LVC) field. Solid State Technology is a demand of the LVC market as most medical and industrial lasers are moving from gas to environmentally friendly solid state laser with better beam profile, stable energy and better performance. CVL Solid state technology is protected by 10 international patents.

There are six excimer gas laser companies in world which are involved in LVC field. Three excimer laser companies, such as Abbott, Nidek and Valeant, are selling excimer lasers into the market that have been designed primarily to carry out standard LVC surgery, and are now being used to do customised surgery by making some modifications, as a result, the components of these lasers are being pushed to the limits of their capability. The small spot excimer laser systems such as Schwind, Novartis and Zeiss which have been upgraded to deal with both standard and customised LVC procedures.

The main refractive laser manufacturing companies are:

• Abbott USA: Bought AMO (VisX and Intralase) for around $ 2.4 billion
• Novartis Switzerland: Bought Alcon USA, Alcon bought Wavelight
(Earlier Alcon bought Autonomous for $300 million)
• Nidek Japan (Private company)


• Zeiss Germany: Bought Meditech Germany for undisclosed value
• Schwind Germany (Private company)
• Valeant Pharmaceuticals: Bought Bausch and Lomb Germany for $8.7 billion including
Pharmaceutical division
• CV Laser (the solid state laser company)


TESTIMONIALS:

Yes, I really do like the Pulzar refractive laser and have used it for the last four years without any serious hitches. It is very economical to run. As it is a quintuple frequency diode laser it ablates at 213nm so has a different effect than the ArF gas excimer lasers. There is less critical need for a dry ablation bed and the ablation is a little cooler. Dr Nigel Morlet, Australia

I began using the solid state laser more than eight years ago to treat complex irregular astigmatism that could not be treated by any excimer laser that time. The results of solid state laser were so good that I stopped using the excimer laser and now treat all patients with a Pulzar Z1 solid State Laser. I feel that the results are more accurate because the laser fluence is not affected by fluid on the cornea or dehydration of the cornea during treatment. Dr Ian Anderson, Australia

This is a great opportunity to purchase or join a successful, vibrant Manufacturing Company which is one of the worlds leaders in this field which is manufacturing a product with global appeal.

Serious investors only If you are interested in this business, please use the 'enquire' form on this webpage.

OWNERS HAVE REQUESTED THAT NO DIRECT CONTACT BE MADE TO THE BUSINESS. A Confidentiality Agreement and Buyer Profile indicating proof of ability to purchase will be required prior to inspection of financials Profit and Loss etc.

Call Eddy Boehm
Asia-Pacific Residents can get information on this property from
Elizabeth Ng
Enebcorp Pty Ltd (Aust)
Suite 33-01, 33rd Floor
Menara Keck Seng
55100 Kuala Lumpur
MALAYSIA

Investors in Sabah and Sarawak
Enquiries regarding Investing in a Property/Business/ Business Visas and doing business in Australia
Mr Peter Pang (Director
Agensi Pekerjaan Arenamas Sdn Bhd
ADDRESS : TB 493, 2nd Floor, Lot 3, Block Q,
Bandar Sabindo, P. O. Box No. 248,
91007 Tawau, Sabah.

Buyers in China.
Enquiries regarding Investing in a Property/Business/Business Visas and doing business in Australia
Contact :John Han
Chongqing Changyi Going Abroad Consulting Services Co Ltd
Business address: Suite 8-9, Weilai Guoji Building,
6 Jianbei Yizhi Road
Guanyinqiao
Jiangbei District 400020
China

Investors in South Africa and Zimbabwe Enquiries regarding investing in a Property/ Business/Business Visas and doing business in Australia
Network Migration South Africa
Contact:Andrew Kerr
Executive Director
IAA Licensed
MARA Registered
MIA Number: 3420
MARA Number: 1069227

Investors in The USA Enquiries regarding investing in a Property/Business/Business Visas and doing business in Australia Please contact:
Naomi Seddon (Sheridan)
Littler Mendelson
Los Angeles. 2049 Century Park East. 5th Floor
Los Angeles, CA 90067
USA

Investors in India Enquiries regarding investing in a Property/Business/Business Visas and doing business in Australia
Contact:Pritpal Singh Gill
CEO Certified ISANA Member
AUSSIE Specialist Agent
PIER Certified BSCIC
ADDRESS
SCF-75, Phase 10
S e c a€" 6 4 | M o h a l i a€" 1 6 0 0 6 2P u n j a b (I N D I A)

Investors in Sri Lanka Enquiries regarding investing in a Properrty/Business/Business Visas and doing business in Australia
Contact:Hirosh Hemantha Gamage
Sri Lanka
Australian Migration Services
No 17,
18th Lane,
Colombo 03.

Investors in Malaysia, Singapore and Indonesia
Enquiries regarding investing in a Property/Business/ Business Visas and doing business in Australia
Contact Michael Yong Chee Seng
Australian Registered Migration Agent based in Malaysia.
[MARN 0964203]

Non Residents and International Visitors/Investors
Enquiries regarding investing in a Property and doing business in Australia
Peter Loughton
AUSTRALIAN MIGRATION & CITIZENSHIP SERVICES
Temporary and Permanent Residence, Work Permits, Australian Citizenship, all Visas and Business Services.
A: Ground Floor 12 St Georges Terrace, Perth WA 6000
P: PO Box 3200 East Perth WA 6892

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