391% increase in sales for the Microthermx product line! – yearly September over September:
<<BSD Medical Corporation (BSDM) (Company or BSD) (www.BSDMedical.com), a leading provider of medical systems utilizing heat therapy to treat cancer, announced today a 391% increase in sales for the MicroThermX®Microwave Ablation System (MicroThermX®) product line for September 2012, as compared to September 2011. Disposable SynchroWave antennas were a significant portion of these sales, reflecting the success of the Company's fee-per-use equipment rental program and increasing utilization of MicroThermX® equipment. This is a dramatic increase in sales for MicroThermX® products and representative of a continuing trend of accelerating MicroThermX® revenue. MicroThermX® product sales also grew significantly during the fourth quarter of fiscal year 2012, as compared to the fourth quarter of fiscal year 2011.
The MicroThermX® introduced into the Company’s product line an innovative, high-end disposable that is used in each ablation treatment, providing an important ongoing revenue stream. BSD's focus for the past year has been to increase MicroThermX® revenues by the expansion of the fee-per-use equipment rental program and direct sales support in major U.S. metropolitan areas. These programs are producing very successful results, and the current fiscal year promises to provide continuing growth in revenues from the MicroThermX®products.>>
The MicrothermX is presently a hot product for BSD Medical, but it is not their main equipment line, which is their BSD-2000 series: BSD-2000, BSD-2000/3d, and BSD-2000/3d/MRI. The “MRI” version, in particular, is a simply spectacular advance in cancer therapy. The BSD-2000 version has an HDE approval from the FDA (and is already accepted in many foreign countries. This means the FDA considers the product proven re safety; but full approval is pending completion of long-term efficacy trials, which are many and showing excellent results.
For some major foreign-country markets, new distributor contracts have been signed; and these have minimum sales requirements for quantities of something like double the prior contracts. |
