Not an obvious medical technology niche with a huge market volume.
The market volume of CGM devices for people with diabetes worldwide is now about $140,000,000,000
Diabetes is the oldest pandemic of mankind!
Just think about it: every 10th inhabitant of the planet has a problem with blood glucose level. More than 500 million people across the planet right now are living with it among us. Projections by various research centers state a steady increase in the number of people who develop the disease each year. By 2040, according to the WHO, there will be more than 700 million people with diabetes.
The only thing humanity has now come up with is ways to control glucose levels to help avoid severe complications.
CGM is a new generation of glucose meters. Now these systems are just gaining popularity among diabetics. The annual increase in users is up to 30%. The supply on the global market covers only 2.5% of the total volume. Most of the planet does not have access to this technology. 97.5% of the market is free!
The capitalization of companies supplying CGM devices on the market is more than $ 20 billion (data from public sources).
Immediate steps of MLC Engineering.
The company is collecting documents to apply for its first patents. It is holding negotiations with investment funds. Working on signing memorandums of supply with different countries right now. Holding meetings with development centers and research institutes. Working out the line of production equipment. Preparing a detailed business plan for investors.
The window of opportunity when one can multiply their capital will not be large. The shares will become significantly more expensive once the first prototype of the MLC Fly device, which is already being developed, is manufactured. The management of the MLC Engineering project aims to complete the prototype by the end of 2023. After presenting it to a variety of funds, the cost of the share will increase sharply.
For a private investor, purchasing the shares can change the rest of their lives!
The partners of the MLC project can become distributors and supply MLC Fly devices to the markets of their countries as they climb up the career ladder in the company!
Draw conclusions and join the MLC Engineering project now! Good luck to everyone!
