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Biotech / Medical : Biomatrix (BXM) Looking Great
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To: John McCarthy who wrote (160)11/2/1997 3:45:00 AM
From: ForYourEyesOnly  Read Replies (1) of 569
 
John, Re your forecast:

I notice that from 1Q 98 the revenues from the US are much larger thatn those of Canada. This seems a little odd, given that they already have been marketing in Canada for some time and already have a market presence and revenues. It would seem that at least over the short term, more of this product should be sold in Canada than in the U.S.

Are the royalty payments a smaller percentage in Canada than in the U.S.? What is the rationale behind your forecasts for the U.S. and Canada?

Thank you.

THC
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