Iline microsystems

Iline microsystems

Designs and manufactures Point-of-Care medical devices on the haemostasis field. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues8.7m7.7m7.3m7.0m7.3m7.3m7.4m
% growth8 %(12 %)(4 %)(4 %)3 %-2 %
EBITDA2.8m2.2m1.9m1.5m1.8m--
% EBITDA margin32 %29 %26 %22 %25 %--
Profit2.0m2.1m1.3m<1m1.1m--
% profit margin23 %28 %18 %11 %16 %--

Source: Dealroom estimates

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DateInvestorsAmountRound
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N/A

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€50.0k

Grant

€25.0k

Grant

€25.0k

Grant

N/A

Support Program

N/A

Support Program
Total FundingAUD170k

Recent News about Iline microsystems

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More about Iline microsystemsinfo icon
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iLine Microsystems is a cutting-edge company specializing in medical devices designed to optimize Oral Anticoagulation Therapy (OAT) monitoring. Their flagship product, the microINR Link, is a next-generation system that aligns with the latest international guidelines for Point of Care (POC) INR devices. These devices are crucial for monitoring patients on anticoagulation therapy, such as those taking warfarin, to ensure their blood's clotting ability is within a safe range.

The microINR Link is designed for both professional healthcare settings and patient self-testing. For healthcare professionals, it offers effective testing in less than one minute, making it a valuable tool in busy clinical environments. For patients, the device is easy to use, painless, and highly reliable, enabling them to manage their therapy from the comfort of their homes.

iLine Microsystems operates in the medical device market, focusing on coagulation monitoring. Their primary clients include healthcare providers, such as hospitals and clinics, as well as individual patients who require regular monitoring of their anticoagulation therapy. The company’s business model revolves around the sale of their microINR devices and the accompanying consumables, such as test strips, which generate recurring revenue.

The company makes money by selling these devices and consumables directly to healthcare institutions and through partnerships with medical distributors. Additionally, the microINR Link’s advanced wireless technology and connectivity features meet the growing demand for integrated healthcare solutions, potentially opening up new revenue streams through data services and remote monitoring solutions.

In summary, iLine Microsystems is at the forefront of medical technology, providing innovative solutions for anticoagulation therapy monitoring that cater to both healthcare professionals and patients.

Keywords: Anticoagulation, OAT monitoring, microINR Link, medical device, POC INR, healthcare, self-testing, wireless technology, coagulation, patient management.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.