Scion Medical Limited

Hangzhou, Zhejiang

Classification

Private

About

About

Scion Medical Limited is a medical device company founded in 2011, with its headquarters located in Hangzhou, China. The company established a U.S. subsidiary, Scion Medical Technologies, LLC and a China subsidiary Alicon Pharmaceutical Sci & Tec Co., Ltd., and was acquired by Varian Medical Systems in 2019 as part of a dual transaction that also included Endocare, Inc. Business/Product Breakdown Scion Medical Limited develops and manufactures interventional oncology devices, primarily embolic microspheres for transarterial chemoembolization in the treatment of liver cancer. Its flagship products include DC Bead and DC Bead LUMI, drug-eluting and radiopaque beads designed to deliver chemotherapeutic agents directly to tumor sites while occluding blood supply to the malignancy. The company operates manufacturing facilities in China compliant with international standards and supports global distribution through regulatory clearances in the United States, Europe, and Asia. Following the acquisition, its technology has been integrated into broader oncology treatment platforms.

Financials

Revenue & Profit

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

Deal Amount

$120M

Target Company Valuation

$1.20 MM

Techniques

Acquisition of Assets, Taken Private

Stake Tags

100%

Is PE deal

Yes

Is deal PE backed

Yes

Total Acquired

100%

Secondary Transaction2023-09-01Canceled

Target

BrightHealth Technologies

Seller

Early Investors Consortium

Investor Sponsors

--

Deal Amount

Undisclosed

Target Company Valuation

NaN

Techniques

Secondary Sale, Management Buy-out (MBO)

Stake Tags

Majority

Is PE deal

No

Is deal PE backed

Yes

Total Acquired

65%

Funding

Keywords

Keywords

Classified

Private