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Re: cabel post# 2214

Thursday, 06/23/2016 4:57:08 PM

Thursday, June 23, 2016 4:57:08 PM

Post# of 10346
Estimates for the entire hemostatic sealant market ranges from 18 billion to 25 billion depending on source. AC 5 current area is around 2.9 billion US and 2.6 billion EU. Assuming 5 year penetration and a conservative 10% market capture, that would be minimally ~250 million per year EU alone.

Worldwide license value would be in the $700mm to $1 billion range plus double digit royalties. Outright sale would be 3 to 5 billion. What would that mean immediately? Good results plus the CE yields $3 to $5 by year end.

More later.