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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE

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To: Vip who wrote (165)7/10/1997 11:59:00 AM
From: Peter H. Proctor   of 670
 
The company now has regional sales agents detailing their products. One just walked thru my door this morning for the first time. Procyte hired him away from a big drug company.

. Some details from him: Eight regional sales managers exclusively selling Procyte's stuff with a bunch of others. Mostly calling on hair-transplant docs, dermatologists and nursing homes.

The rep also tells me sales have been fairly good for products only out a couple of weeks. They are also calling on nursing homes, etc. to sell the other wound healing products. Sounds pretty upbeat about future prospects.

Prices for Graftcyte: $250 for six to $295 singly for a box of 16 dressings to the doc. The mist is $60 bottle retail, $30 wholesale. Nice packaging. BTW, there are about 200,000 hair transplant surgerys per year. Assuming half of them involve graftcyte...hmmm... That's about $25 mil a year in sales.

Dr. P
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