THE MAGNUM GROUPThe Leader In Vision Care Business Development
Business Development
Magnum is the leading business development firm in the ophthalmic industry. We specialize in negotiating licensing, acquisitions, financing, strategic alliances, joint ventures, distribution and manufacturing agreements.
The Company Focuses in Two Areas:
Acting on behalf of a Seller by providing business development services for early, evolving and late stage technologies often created by surgeons, scientists or by smaller entrepreneurial companies. The technologies usually incorporate medical devices, diagnostics, or therapeutics.
Acting on behalf of a Buyer, or providing market research for larger, commercially successful public and private companies seeking new products and markets. These have included, Medtronic, Alcon, AMO, Bausch+Lomb, Corning, Johnson & Johnson, McKinsey & Co, Nidek and VISX.
Magnum has worked with companies and technologies at various stages of development. For early stage companies, Magnum often assumes the role of (temporary) “Vice President, Business Development” and assists in putting together the Pitch Package. This usually includes development of a Strategic Plan, Executive Summary, Elevator Speech, Powerpoint Presentation, helping recruit professional personnel and affiliations (i.e., Scientific/Medical Advisory Boards, Regulatory, Legal, Key Employees, etc.), facilitating meetings, and managing due-diligence and negotiation of Confidentiality Agreements, Term Sheets and Definitive Agreements.
Professional Fees
Magnum is a Retained Business Development and Consulting Services firm. We work with Clients on the basis of a Monthly Retainer and Reimbursement of Out of Pocket Expenses during projects followed by a Success Fee at the conclusion of a deal, which is based on Transaction Value. Monthly Retainers are customized for specific Client Projects.
Our Process
(Move your mouse over a component
of the process to view details)
Assessment -
Technology & IP Validation
Initial Due Diligence
Packaging -
Develop Sale, Licensing or Financing Strategy
Executive Summary/Business Plan
PowerPoint Presentation
Organize Team (Advisory Board, Regulatory, Legal, Personnel)
