ContiSX

Meridian Biotech

Live now
MRDBBiotechnologyWeb3 ContiSXLagos, Nigeria

Diagnostic assays manufactured for tropical disease burden

All sales

Demonstration content. Illustrative sample data — these are not live offers. Company names, figures, and dates are fictional placeholders for demonstration.

Subscription

Book progress

₦1.2bn
raised of ₦2bn target
62%
Subscriptions
1,043
Window
Closes in 16 days
DVU rebate
3.5%
Lock-up
180 days from admission
The company

About Meridian Biotech

Meridian develops and manufactures rapid diagnostic assays calibrated to the disease profile of West African clinical practice, rather than importing kits validated elsewhere.

Revenue comes from assay sales to hospital groups and public health programmes, with a growing share from a reagent subscription that locks in repeat volume.

Nine assays through regulatory validation
Supply agreements with 22 hospital groups
Reagent subscriptions now 34% of revenue
Terms

Offer terms

Price per share₦500
Shares offered4,000,000
Raise target₦2bn
Pre-money valuation₦12bn
Minimum ticket₦250,000
DVU rebate3.5% of subscription
VenueWeb3 ContiSX
Opens30 Aug 2026
Closes28 Sept 2026
SettlementT+1, atomic DvP
Proceeds

Use of proceeds

Manufacturing capacity45%
Regulatory & trials27%
Cold-chain distribution18%
Offer expenses10%
Ownership

Cap table after the raise

Founders & team39%
Existing investors33%
This offering17%
Employee pool11%
Two outcomes

What this subscription returns

Track A · Equity
MRDB shares on the ContiSX CSD

Registered in your name in the depository, then admitted to the ContiSX secondary market after settlement — subject to the 180 days from admission lock-up.

Track B · Reward
3.5% rebate in Digital Value Unit

An advanced loyalty reward credited at allotment — transferable, interoperable, and listed on a partner digital exchange platform.

How the two tracks work
Leadership

Who runs the company

Founder & CEO
Molecular diagnostics
Chief Scientific Officer
Assay development
Head of Manufacturing
Sterile production
Chief Financial Officer
Life-sciences finance
Diligence

Documents

Offer document
Prospectus
Audited financials FY25
Financials
CSD registration certificate
Registry
Regulatory validation dossier
Diligence

Document downloads are inactive in this demonstration.

Risk

Key risk factors

Regulatory approval timelines for new assays
Public-health procurement cycles and payment delay
Reagent input costs exposed to FX movement

Capital is at risk. Equity in early-stage companies is illiquid and may lose value. Read the offer document in full before subscribing to any real offering.