WASP -- Business Summary below:
BACKGROUND:
-- 14 year old company.
-- "The products and medical therapies developed by this company represent the most important breakthrough in the field of Dermatology in the last fifty years."
-- "Significant successes in the area of skin disease include: Cystic Acne, Eszema, Seborrhea, Contact Dermititis, Molluscum, Follicultis, Acne Rosacea, and less prevalent skin diseases."
-- Wasatch is now on line with insurance providers independent of HMO's. Efforts to establish preferred providership status with HMO's is presently being pursued.
-- American Institute of Skin Care, Inc, (AISC) is a wholly owned subsidiary of WASP. 3 currently in UTAH to grow to 350 nationwide in 5 years.
-- In addition to the clinical products the company will be developing Over-The-Counter products.
COMPETITION:
-- "Competing products address the symptoms of acne and eczema and not the cause."
-- "At this time there is no known competitor who treats the causes of these skin disorders and no competitor can claim a success rate equal to that of the AISC treatments."
MARKETING:
-- "To carry out our marketing strategies we will concentrate on a strong relationship with insurance health providers, media promotion of the clinics and OTC sales."
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