Neonatal Equipment Supplier
The Company is a medical device company focused on the development and commercialisation of effective respiratory and airway solutions targeted at the new born, infants and children neonatal and anaesthetics markets as air leakage in standard resuscitation masks is a critical problem facing midwives and doctors.
The Company aims to become a global leader in developing and selling the next generation of neonatal resuscitation and ventilation masks that provide effective sealing without the need for operator intervention techniques to seal, which is currently the practice.
Key Transaction Information
A$2.8M equity capital raise at A$0.90 per share (Pre-offer valuation of A$11.2M)