Venter pharma
Financials
Estimates*
EUR | 2015 | 2016 | 2017 | 2018 | 2019 |
---|---|---|---|---|---|
Revenues | <1m | <1m | <1m | <1m | <1m |
% growth | - | 72 % | 15 % | 29 % | 298 % |
EBITDA | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) |
% EBITDA margin | (892 %) | (237 %) | (351 %) | (234 %) | (59 %) |
Profit | (<1m) | (<1m) | (<1m) | (<1m) | (<1m) |
% profit margin | (1599 %) | (749 %) | (905 %) | (716 %) | (166 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Spinout | ||
N/A | €50.0k | Early VC | |
€50.0k | Grant | ||
* | N/A | €5.6m | Early VC |
* | €1.5m | Seed | |
Total Funding | AUD12.2m |
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Recent News about Venter pharma
EditVenter Pharma SL is a Spanish company specializing in the development of innovative diagnostic systems. The company is best known for its product LacTEST, a diagnostic test for lactose intolerance. This product was initially researched at the Autonomous University of Madrid and the Spanish National Research Council (CSIC). Venter Pharma has successfully transitioned this research into a commercial product, demonstrating its ability to bring scientific innovations to the market.
The company operates primarily in the healthcare and pharmaceutical sectors, focusing on diagnostic tools that can significantly improve patient care. Venter Pharma serves a diverse range of clients, including hospitals, clinics, and individual healthcare providers who require reliable and accurate diagnostic tests.
Venter Pharma's business model revolves around the development, production, and commercialization of diagnostic tests. The company generates revenue through the sale of these tests to healthcare providers and through strategic partnerships. For instance, Venter Pharma has signed an agreement with NovaMedica, a Russian pharmaceutical company, to commercialize LacTEST in Russia. Such partnerships help Venter Pharma expand its market reach and increase its revenue streams.
The market for diagnostic tests is growing, driven by an increasing demand for early and accurate disease detection. Venter Pharma is well-positioned in this market due to its innovative products and strategic collaborations. The company aims to continue its growth by expanding its product line and entering new markets.
In summary, Venter Pharma is a dynamic player in the healthcare diagnostics market, focusing on innovative solutions like LacTEST for lactose intolerance. The company serves healthcare providers and leverages strategic partnerships to expand its market presence and drive revenue growth.
Keywords: Diagnostics, Lactose Intolerance, Healthcare, Innovation, LacTEST, Partnerships, Revenue, Market Expansion, Spain, NovaMedica.