Biotech opportunity with unusually wide scope - Tempe, Arizona
Investment Needed:
Below $10k
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Company:
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IBPT Corporation |
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Industry:
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Bio-Technology |
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Location:
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Tempe, AZ |
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Post By:
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Sergei Svarovsky |
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Post Date:
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11/25/2008 |
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Year Founded:
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2007 |
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Legal Status:
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Undisclosed |
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Business Stage:
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N/A |
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Annual Sales:
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Credit Card Sales:
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Business Credit Rating:
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Personal Credit Rating:
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Recent Bankruptcy Filing?:
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Funding Request Description
IBPT Corporation (Innovative Biological Preservation Technologies Corporation) is an R&D company involved in the development of novel biopreservation technology with a broad range of applications in healthcare and food industries. In particular we have developed new technology that has protective effects on cellular membranes resulting in complete preservation of the structure of any biological tissue upon thawing.
IBPT Corporation is seeking working capital of $1,387,000 in exchange for ownership to support its research and development activity for two years; the mechanism of such financing is open for discussion. IBPT Corporation intends to raise another $2,640,000 in a series of follow-up investment rounds in the third, forth, and fifth years of operations to scale-up and diversify its hypothermic preservation technology and in new product development efforts.
IBPT Corporation’s exit strategy involves an IPO or a cash-based acquisition by 2013 with an estimated buyout in $40-$60M range, providing you with 10-15x ROI.
Biotech opportunity with unusually wide scope - Tempe, Arizona