Monday, March 20, 2017 10:57:49 AM
You say 1 in 4 dogs get cancer.
FACT: Nearly 50% of pets over the age of 10 will develop some type of cancer.
SOURCE: www.spca.org
You say Tufts University has never heard of Radiogel
FACT: No Sh!t Sherlock! Radiogel is in infancy stage and thankfully Korenko has spent last month signing the following Universities to the 1st stage of the vet program.
Washington State University - feline sarcoma, possibly followed by canine sarcoma (Dr. Janean Fidel and Dr. Megan Duffy)
University of Missouri - soft tissue carcinoma, followed by localized prostate cancer (Dr. Jimmy Lattimer and Dr. Jeffrey Bryan)
University of Florida - lymph nodes, followed by liver cancer (Dr. Beau Toskich, Dr. Brad Case and Dr. Sarah Boston)
Colorado State University - oral squamous cancer (Dr. Jac Nickloff and Dr. Susan LaRue)
SOURCE: https://www.isotopeworld.com/2017/03/07/advanced-medical-isotope-s-ceo-releases-shareholder-letter-detailing-launch-of-veterinary-oncology-division-with-radiogel/
You basically claim that there is no market in vet taking your comments "loser business model" and that most dogs with cancer will be over 10 years old and owners will decide not to treat or that the majority of Americans have too much debt to afford treatment
FACT: Americans spend an enormous amount of money on their pets and will go to lengths to treat. 2016 estimates for vet spending in the U.S. is $30 Billion.
Source: http://www.americanpetproducts.org/press_industrytrends.asp
FACT: 22% of Pet Owners said they were very likely to pick up $5,000 in veterinary costs to treat a sick dog or cat. This equals approximately 2.6 million pets with cancer that have owners willing to spend $5,000 to save their pet. That's the equivalent $13 billion of willing $'s worth of pet owners willing to spend $5k on treatment.
SOURCE: https://well.blogs.nytimes.com/2010/06/09/how-much-would-you-spend-on-a-sick-pet/?_r=0
Lastly, there will be at some point down the road a distribution partner. This makes Radiogel attractive to companies like VCA/Mars. I don't think ADMD will self distribute but could if they wanted to. You can ship Radiogel via Fedex but again, they'll likely partner with a company that already has the field reps and network in place. By the way. Dr. Alice is very connected to VCA. A partnership here is purely speculation on by behalf but I know they don't have a solution such as Radiogel. VCA operates nearly 800 animal hospitals and 60 diagnostic laboratories in the United States and Canada and was acquired by Mars last january for $7.7 Billion. Mars also has a major pet-care unit whose pet food brands include Pedigree, Whiskas and Sheba. It owns Banfield Pet Hospitals, many of which are in PetSmart Inc. retail locations.
SOURCE: http://www.latimes.com/business/la-fi-vca-mars-20170109-story.html
At the end of the day we invest and speculate that a company stock will go up, unless you short it of course. For me, there is just far too much opportunity here to not be a long.
Good Luck to You!
$ADMD
I don't believe in pessimism. If something doesn't come up the way you want, forge ahead. If you think it's going to rain, it will.
Clint Eastwood
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