Radiogel for pets
Can be used and sold in other countries today without AMIC's permission. If people were going to do it they would already be doing it. In countries areas like UAE and other places where there is a shit ton of wealth. Yet not one company has any desire to manufacture this and distribute Radiogel to humans or especially pets. The market is a subset of a subset.
The amount of dogs in the US according to google is just under 80 million. Approximation of dogs that get cancer, 1 in 4. (I personally have never known a dog or anyone I know to ever get it) Just under half (47%) of them are dogs over 10 - in other words dogs that will be gone soon anyway and most won't treat. Subtract the dogs that live in households from these numbers of folks who can afford pet HMOs or out of pocket and the number keeps getting cut drastically. When you consider that the average American household debt is over 90K and that nearly 16K is credit card debt, the number they keep throwing around of how many dogs and cats is a bad carrot on a stick. This info is widely known and available. It's why they cannot attract an institution to invest. When you consider the massive cap-ex need to get implement this, then execute if they can even afford the massive marketing campaign. It's a loser business model for too many years for a bank to front the cost of at least 10M as they reported. 10M is way short, it isn't much money for a national venture. 10M is more like just the marketing costs. The fact they think it will only cost 10M to get this funded from FDA fees (only on the human market side) clinicals, legal, initial manufacturing, marketing, A sales distributor will take a huge percentage because they (AMIC) don't have the trucks and logistics to physically deliver, and finally they have to pay another cut to Battelle. 10M will def not be enough. When you consider the fact that ADMD takes now over 1.5M just to keep the lights on for 12 months. After you subtract the cost to make, distribute, marketing and cost to build a pipeline, royalties, pay a huge bank interest rate bc their credit rating is terrible and pay taxes there is not much left for them unless it is really, really expensive. If this is the case then they will lose even more potential customers due to being out of financial reach. The real winner here is Battelle. Letting AMIC do all the heavy lifting and collecting 10% without breaking a sweat.
I happen to live near Tufts University. One of the most elite schools in the US for vets. A simple phone call to them when asked if they had ever heard of this was clearly presented a "no". When asked if they would use something like this, they stated "We would do our own internal investigation in depth before venturing into it"
This tells me that most vet schools which would be a large market will still add another year or so due to doing their own DD. Considering the vet industry as a business only really has two major place in the space for franchising this is pretty much the market. Banfield, and Petvet. Even if they do get them on board (and there isn't a guarantee they will) They will also add a sizable margin to this product pushing up the price further.
To the original statement it can be copied today and sold elsewhere....if it is so simple and such a no brainer, then why isn't it? It's not like their are 24K gold Lamborghinis and personal submarines being sold in Dubai. Oh wait there is. Clearly their is other places that have people that can afford this. This isn't going to actually happen. Writing letters as a PR for saying this a greenlit project at the same time the SEC filings all start with "Accountants have doubts the company will be able to make it" or something of the like is a way for them to keep this ATM for stakeholders going for their 10% on their money
Good luck to all of you whichever you are, long or short
