Wednesday, September 27, 2017 8:38:16 AM
5-600$ per CC. 10CC will get you to 5-6K$, many times more needed.
Will last 12-14 months.
Not natural: “Kiss factor” – when you kiss it you FEEL it isn’t natural.
Clients want natural solution – therefore the Fat Transplant procedures Plastic Surgeons do.
With the current treatment, at 6 months, 50%+ of the fat is gone.
With Renevia, at 6 months – 100% retention, at 12m – 70% and 5 patients suggest at 18m – over 60%.
This with very sick patients. Perhaps healthy patients will fare better?
This was beyond what the company expected. They though 70% at 6 m is a winner.
Plastic Surgeons will market it. For them, a patient is worth 100,000$ over the lifetime: facial treatment has upsell such as hand and other treatments. But since the natural treatment is not good, they lose the patients because they are unhappy with results. Plastic Surgeons want the patients coming back again and again over as long as possible, in a typical treatment cycle of 2-year.
Natural fat transfer costs about 8-10K$ today (with these poor results).
If Plastic Surgeons get over 60% retention after 18 months, this brings them to good results over 2-year cycle and increases customer retention.
On the verge of starting new trials with healthy patients. They see many opportunity for off-label expansion.
Notes from BioTime, Inc. Ladenburg Thalmann 2017 Healthcare Conference New York, NY September 26, 2017 2:00 p.m. (ET).
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