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Re: Chief Slapaho post# 56419

Wednesday, 03/30/2016 9:31:46 PM

Wednesday, March 30, 2016 9:31:46 PM

Post# of 176381
Less than $50 per dose for the Cost of Goods Sold to the Veterinary Oncologist. What does this mean? It means that Advanced Medical Isotope Corporation produces this;

Radiogel comprises a two-part sterile product that is
mixed in precise amounts immediately prior to
injection: Part A is a pre-calibrated, sterile solution of highly insoluble 90Y-phosphate microspheres in a phosphate-buffered saline. Part B is a
sterile isotonic, water-based polymer solution which will act as a microsphere carrier during injection and as a container material after gelation. Parts A and B are cooled in ice, and then combined for injection. The injected solution perfuses tumor tissue and displaces extracellular fluids. As the polymer warms to body temperature, the water-based carrier solution undergoes a phase transition to a solid gel, and the polymers form cross-links that entrap the 90Y microspheres
and prevent redistribution throughout the body. The insoluble phosphate crystal
also prevents dissolution and migration of free 90Y.

The part B is essentially water and very inexpensive also.

and ships it to the Veterinary Oncologist. The cost to ADMD is less than $50 shipping included. This is based on numerous studies on the cost of Yttrium-90 and having market knowledge for the past 25 years and receiving quotes about a similar product!

What the Veterinary charges to do the procedure is up to the Vet. If it cost ADMD less than $50 and they sell to the Vet for $500 and the Vet can charge what they want the revenue to ADMD will be the $500-$50 or $450 profit. That is a pretty good profit margin! I don't know what ADMD will charge the Vet.

ADMDs costs are done at this point. The cost to do the procedure is taken on by the Vet not ADMD! The Vet receives the markup over the $500 paid to ADMD. So if they charge $2000 for the procedure they make $1500. If they charge $3500 they make $3000. ADMD is not a Veterinary but supplies the Radiogel so the Vet can do the procedure.

Check this out on Consumer Reports and Cancer Costs for pets and Pet insurance. What will the Vet charge? I don't know but look at these studies.

The most common treatment options are:
Chemotherapy: This treatment uses drugs to attack the cancer. Costs can vary based on the particular medication used, the number of rounds of chemo required, and the size of your dog, but each treatment is usually around $1,000. This means you could expect the total bill for the entire course of treatment to wind up being between $6,000 and $10,000.
Radiation: This treatment is used with tumors that cannot be accessed with surgery because of their location. Radiation is usually administered twice a week for up to around five weeks, and the total cost for the course of radiation is typically between $5,000 and $7,000. Each treatment session with radiation is fairly brief, lasting for less than half an hour.
Surgery: This option is used if there’s a tumor, or tumors, that can be accessed and removed. Sometimes surgery alone can be curative, if the cancer has not metastasized and spread. In other cases, surgery is the vet’s first move, and chemotherapy is also required to quell the disease. The cost for surgery can range between $2,500 and $6,000 for the one-time surgery.

Radiogel will soon replace these!

http://www.consumerreports.org/pet-products/is-pet-insurance-worth-cost/

For owners of dogs and cats stricken with cancer, one of the leading causes of death among companion animals over the age of 6, costly treatments only add to the emotional difficulties.

According to Dr. David Vail, a veterinary oncologist who's also a professor at the University of Wisconsin, an initial cancer diagnosis can cost between $1,000 and $2,000. A standard course of chemotherapy costs between $3,000 and $5,000, and radiation treatments used for brain and nasal tumors run between $6,000 and $10,000. Costs vary by region and the type of cancer, among other factors.

Just as with humans, veterinarians are able to cure some types of cancers such as soft tissue sarcoma in dogs, at a cost of about $9,000 for the surgery and follow-up radiation treatments, according to Vail. Dogs diagnosed with lymphoma aren't so lucky. Owners can spend about $5,000 on treatments that would extend their pet's life for about a year or two with little hope of a cure.

"To some of our clients, that expense for one year of quality time is worth it, and for some of our clients, one year simply isn't long enough for a uniformly fatal disease," Vail said in an interview.

Of course, for some pet owners, money is no object. For instance, more than 70 owners of dogs stricken with lymphoma spent between $16,000 and $25,000 at North Carolina State University on bone marrow transplants.

"They paid out-of-pocket," said Dr. Steve Suter, the veterinary oncologist who did the procedures and noted that the cure rate was about 33 percent. "They just came up with the money. They used their savings, refinanced their houses."

Spending on cancer is one of the reasons Americans are expected to lay out $15.7 billion in vet care in 2015, more than double the $7.1 billion in 2001, according to the American Pet Products Association. Petplan, a Newtown Square, Pennsylvania, pet insurance company, said it's seeing rising claims for pet cancers.

"Because of advances in diagnostics and vet/owner awareness, we're finding more illnesses to be caused by cancer than we have been previously," wrote Jules Benson, Petplan's chief veterinary medical officer, in an email. "Not only are more pets being treated for cancer-related diseases, but the costs per pet are increasing, too," he added.


You keep quoting Darrell Fisher's grant proposal. What is the cost only for the Radiogel? You are including all costs for care of the cats. Again, all those costs are for shelter for the animals and actual procedures. ADMD doesn't do the procedures, they are supplying the goods or in business terms cost of goods sold! Look at what Cyber Knife costs per procedure!

Please do your due diligence and compare like to like. I believe I have examined the market and have a great grasp on the price of less than $50 a dose for Radiogel, shipping included, and for that dose that will treat a dog with an average tumor in an out patient basis. The costs are extremely inexpensive and when they finally scale production the costs will be closer to $30 a dose! Do your own due diligence. I have!

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