Medlumics

Medlumics

A pre-commercial, medical device company that designs and manufactures catheter-based systems for the treatment of supra-ventricular tachycardias.

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Financials

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues0000000000000000000000000000
% growth(59 %)(19 %)311 %-25 %-11 %
EBITDA0000000000000000000000000000
% EBITDA margin(431 %)(608 %)(268 %)----
Profit0000000000000000000000000000
% profit margin(462 %)(1519 %)(514 %)----
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article, Dealroom estimates

More about Medlumics
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MedLumics, founded in 2011, is a medical device startup focused on improving human living standards through advanced technology. The company operates in the biophotonics sector, which combines biology, medical science, physics, and photonic technology (the use of light to study and manipulate biological materials). MedLumics aims to transform scientific and technological advances in biophotonics into innovative, high-quality solutions for the global market.

MedLumics primarily serves healthcare providers, including hospitals and medical research institutions, by offering cutting-edge medical devices that enhance diagnostic and therapeutic capabilities. The company's products are designed to generate, detect, process, visualize, and calculate light interactions with tissues, which are crucial for various clinical applications. These applications have seen significant growth and success in recent decades, largely due to advancements in the underlying technology.

The business model of MedLumics revolves around research and development (R&D) and the commercialization of medical devices. The company invests heavily in R&D to stay at the forefront of biophotonics technology. Once a product is developed, it is brought to market and sold to healthcare providers. Revenue is generated through the sale of these medical devices, as well as through potential partnerships and collaborations with other companies and academic institutions.

MedLumics places a strong emphasis on its employees, recognizing their talent as the most important resource. The company fosters an environment where employees can take initiative, fully utilize their talents, and feel a sense of pride and value. This focus on employee satisfaction and development is seen as a key factor in the company's growth and success.

Keywords: Medical Devices, Biophotonics, Healthcare, Innovation, Technology, Diagnostics, Therapeutics, R&D, Global Market, Employee Talent.

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