Medicpen Ab
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Medicpen Ab - overview
Established
2006
Location
-, -, Sweden
Primary Industry
Medical Devices & Equipment
About
MedicPen AB specializes in developing innovative medical devices aimed at improving patient care and medication management, focusing on enhancing the efficiency and safety of healthcare delivery. Founded in 2006 in Sweden, MedicPen AB is a medical technology company that designs and manufactures advanced therapeutic solutions. The company received a significant investment from Global Emerging Markets, amounting to SEK 10 million in September 2010, which contributed to its strategic growth. The founder has not been publicly detailed in terms of prior entrepreneurial endeavors.
MedicPen AB offers a range of medical devices that address patient adherence and medication management needs. Its flagship products are designed to simplify the medication process for patients, ensuring they receive accurate dosages at the right times. The company operates in various markets, targeting healthcare providers and patients globally, with a particular focus on Europe and North America. In 2022, MedicPen AB reported revenue of SEK 204,952.
8, with an EBITDA of -SEK 1,397,895. 8, indicating the financial challenges faced during that period. MedicPen AB aims to leverage the SEK 10 million raised in their latest funding round to enhance product development and expand its market reach. The company is designing new medical devices intended for launch in late 2023, with plans to enter additional European markets by mid-2024.
The investment will facilitate research and development efforts as well as marketing strategies to support this expansion.
Current Investors
Global Emerging Markets
Primary Industry
Medical Devices & Equipment
Sub Industries
Medical Devices & Equipment, Pharmaceuticals
Website
https://www.medicpen.com/
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Medicpen Ab - timeline of key events
Medicpen Ab - financials
| Fiscal Year Ended | Dec 31, 2011 | Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 345,243 | 369,569 | 111,226 | - | 17,700 | 74,039 | - | 2,608 | 1,166,663 | 485,593 | 1,069,855 | - | - | - |
| % Revenue Growth (YoY) | - | 7.0% | (69.9%) | (100.0%) | - | 318.3% | (100.0%) | - | 44634.0% | (58.4%) | 120.3% | - | - | - |
| EBITDA (USD) | (3,705,100) | (3,294,363) | (4,484,251) | (4,330,467) | (5,017,063) | (12,660,319) | (16,995,520) | (14,126,854) | (10,685,300) | (12,455,272) | (16,047,731) | - | - | - |
| Operating Income (USD) | (4,004,889) | (5,224,992) | (6,437,275) | (6,299,811) | (6,978,952) | (14,339,856) | (18,339,335) | (15,459,799) | (12,106,462) | (13,576,502) | (16,344,513) | - | - | - |
| Operating Margin | (1160.0%) | (1413.8%) | (5787.6%) | - | (39429.1%) | (19368.0%) | - | (592783.7%) | (1037.7%) | (2795.9%) | (1527.7%) | - | - | - |
| % EBITDA Margin | (1073.2%) | (891.4%) | (4031.7%) | - | (28345.0%) | (17099.5%) | - | (541673.8%) | (915.9%) | (2565.0%) | (1500.0%) | - | - | - |
| NET Income (USD) | (4,437,918) | (5,649,329) | (6,708,431) | (6,490,709) | (7,099,521) | (14,475,668) | (18,588,671) | (15,504,184) | (12,118,246) | (13,588,430) | (16,362,927) | - | - | - |
| % Net Margin | (1285.4%) | (1528.6%) | (6031.4%) | - | (40110.3%) | (19551.4%) | - | (594485.6%) | (1038.7%) | (2798.3%) | (1529.5%) | - | - | - |
Medicpen Ab - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Medicpen Ab | - |
Displaying 1 - 1 of 1
Medicpen Ab - employee data
Medicpen Ab - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Member of the Board | BM | ||||||
| Chairman of the Board | BM |
BM Board Member
Want to see more?
Request a demo for full access to this profile
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.