SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : VISX -- Ignore unavailable to you. Want to Upgrade?


To: ShortyBear who wrote (1674)2/24/2000 11:51:00 AM
From: Sam Citron  Respond to of 1754
 
Shorty,

I believe that such cooperative advertising approaches were discussed in the 1/27 cc. My recollection is that VISX is looking into and implementing such methods.

Sam



To: ShortyBear who wrote (1674)2/24/2000 12:28:00 PM
From: Charlie Smith  Read Replies (1) | Respond to of 1754
 
Maybe VISX should have put the money into brand recognition (advertising) to the PUBLIC (end-user) rather than giving the doctors a 60% discount. Let the public tell the doctors which laser they want, and the doctors will give it to them regardless of the price per procedure.

VISX got part way down this road but didn't reach "critical mass" in terms of public perception of them as dominating the market. They ran out of time as NIDEK and others began to grab share.

Most amazing facet of this whole pricing/IP debacle to me is that one court decision could reverse much of what has occurred the last 10 months or so. Looks like VISX was unwilling to bet everything on a positive outcome, so they capitulated on price. What happens if they win in court? Do royalty rates go back up?