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Biotech / Medical : Biomatrix (BXM) Looking Great

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To: James Baker who wrote (80)9/9/1997 6:27:00 AM
From: John McCarthy   of 569
 
James -

One clarification.

The IBD article suggested the following:

The DISTRIBUTORS may sell it for $495 a treatment.
(I don't know if that means per needle - or 3 needles worth)

BIOX take would be $30.00 (dollars) per needle.

FYI:
I am not totally sure of this, because I lost my source.

The deal they have with Collagen goes something like this:

The entire market (WW) for this skin care is $60 million.
The part of the market that needs BIOX product is ONLY
5% of the $60 million market.

Not much $.

Here's the kicker:
BIOX gets a piece of the whole $60 million.

You might ask why would Collagen (sp?) do this.

My guess: ( all speculation )

No skin test is required with the BIOX product. (FACT)
You just put it in. The existing products REQUIRE a
skin test.

Alot of people *like* me are gettin old.
The BIOX product changes the overall size of the
potential market for Collagen because it is hassle free.

The product produces good results.

Regards,

John McCarthy
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