BIEL 2015-Accomplishments-2016-GOING-TO BE GREAT
* B.Braun a 175 year old, industry leading German Health Care Products Company signed up to distribute RecoveryRx in the UK,Braun has been conducting clinical trials and customizing the RecoveryRx to incorporate it into their Enhanced Surgical Recovery products.
* 7 Day Trial ActiPatch and Social Media Marketing Campaign create brand awareness and demand in the UK market at a low cost, customer database and product feedback.
* Q-1 2015 Sales of $503k show a major increase over Q-1 2014 Sales of $169k.
* Q-2 2015 Sales of $675k show another major increase over Q-2 2014 Sales of $276k.
* Boots/Walgreen increases stores stocking the ActiPatch from 310 to over 1,000.
* Lloyds Pharmacy initiates sales of the ActiPatch in 1,077 stores and on their website.
* Gordons Chemist initiates sales of the ActiPatch in 60 stores and on their website.
* BIEL submits a FDA 510k application for US OTC sales of the ActiPatch.
* Q-3 2015 Sales of $499k show another major increase over Q3 2014 sales of $231k, Gross Profit also jumps to $319k vs $49k in 2014.
* BIEL's products are reclassified from Class 3 to Class 2 by the FDA reducing the red tape for FDA applications.
* Super Drug begins sales of the ActiPatch in 186 stores.
* Costco Canada begins online sales of the ActiPatch.
* Showcase begins sales of the ActiPatch in 103 stores and online.
* BIEL develops 3 new ActiPatch Products and starts 5 Clinical Trials to support efficacy.
* Amazon shows ActiPatch consistently among its Best Sellers in the pain relief category.
BIEL Prospects for 2016:
2015 saw the ActiPatch enter hundreds upon hundreds of new retail outlets in the UK and Canada. When FDA marketing clearance hits the demand will eclipse the 2015 expansion many times over. Hundreds of thousands of units will be needed as soon as they can be produced.
Even today with our existing markets and business connections we have the strong potential for continued major growth.
* Boots/Walgreen operates 2,511 stores in the UK
* B/W operates 350 distribution centers delivering products to 200,000 pharmacies and health care facilities in 11 countries
* B/W operates 8,000 US stores
* B/W is acquiring Rite Aid which will add 4,000 stores
* Lloyds Pharmacy operates 1,700 stores in the UK
* Lloyds is owned by Celesio AG which operates 2,200 stores across Europe
* Celesio operates 134 distribution centers that service 65,000 pharmacies andhospitals across Europe
* Celesio is controlled by the McKesson Corp a 180 year old company which had $179 Billion in sales last fiscal year
* McKesson operates 2900 Health Mart Pharmacies in the US
* McKesson distributes pharmaceuticals and health care products to 52% of all US hosptitals
* Superdrug is the fastest growing health and beauty company in the UK with 900 stores
* Superdrug is part of the A S Watson Group which operates 12,000 stores
* Costco operates 80 stores in Canada
* Costco operates 689 stores in the US and is the 3rd largest retailer
Great post Srinsocal, funny I never believed any of the post by _____.
IT IS WHAT IT IS NOTHING ELSE
