Friday, April 28, 2017 2:46:26 PM
When one compares what BIEL has accomplished with other OTC companies it is truly amazing!
BIEL Accomplishments 4/2017
1) Actipatch is now an FDA OTC Cleared Medical Device 2/3/2017
2) RecoveryRx is now a component of the B.Braun Hip/Knee Surgical Kit, both Pre-op and Post-op
3) B.Braun/BIEL have submitted an application for RecoveryRx to be included in the UK NHS Drug Tariff
4) Chronic Pain Study was presented 5/10/2016 at the British Pain Society
* Avg 61% Pain decrease and 86% Medication decrease
5) BIEL awarded OTC Best Marketing Small Budget for "7 Day Try and Tell" Marketing Plan
* 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
6) Osteoarthritis Knee Clinical Trial Published by British Society of Rheumatology
7) Oxford University sponsors an ActiPatch Clinical Trial for Low Back Pain
* This is an Oxford designed and paid for trial
8) Costco Canada selling 3 ActiPatch Products Online
9) Showcase Stores Canada selling 7 BIEL Products at 102 Stores and Online, Including 7 Day Trial
10) UK now has over 3,000 Stores selling ActiPatch Products
11) Boots/Walgreens over 1,000 Stores and Online
12) Lloyds Pharmacy over 1,000 Stores and Online
13) Superdrug 432 Stores and Online, Including 7 Day Trial
14) Gordons Chemist 60 Stores and Online
15) Amazon.com selling ActiPatch in Europe, Canada, Australia, Mexico
* Amazon shows ActiPatch consistently among its Best Sellers in the pain relief category
16) FDA Reclassification, BIEL's Products now operate under FDA Class 2 status
* Class change took effect 10/13/2015, less regulation to market products
17) Chronic Pain 5000 Patient Study published in Pain Management Journal
18) ActiPatch 510k submitted on 8/6/2015 for FDA OTC clearance
19} Meetings with FDA Management on 5/24/2016, 7/20/2016 and 10/3/2016 to negotiate 510k Clearance
20) 8/22/2016, H G Smith Co, a 224 year old UK company places ActiPatch in 126 of its Hospital Stores
21) 8/22/2016, The Superdrug chain expands from 186 stores to 432 stores
22) 9/13/2016, ActiPatch now available in Sweden at 220 Life Health stores and 400 Pharmacy Heart stores
23) 9/2016 BIEL testing new "Extra Strength ActiPatch" in collaboration with B.Braun
24) 12/12/2016 Chronic Back Pain Study published in peer reviewed Pain Journal
25) BIEL adds EvoMed as Australian Distributor, Over 100 Pharmacies stocking ActiPatch
26) BIEL adds PharmEvo as Asia Distributor, PharmEvo does $300 million in yearly sales and has 800 sales reps
27) 11/2016 PharmEvo sponsors 200 person study of Muscoskeletal Pain with ActiPatch, renamed “Pain Gear” for the Asian Market
28) ActiPatch featured in leading UK newspaper Daily Mail, Pulsing Skin Patch could End the Misery of Chronic Pain for Arthritis Sufferers and Diabetics, http://www.dailymail.co.uk/health/article-3555221/The-20-pulsing-skin-patch-end-misery-chronic-pain-arthritis-sufferers-diabetics.html#ixzz4fZ87VH2h
29) ActiPatch listed in leading UK newspaper Daily Express as an alternative to drugs for Arthritis Pain, http://www.express.co.uk/life-style/health/664330/Arthritis-pain-pills-warning-Sufferers-taking-too-many-drugs-fight-agony
30) ActiPatch “Chronic Pain Overview” has over 24,000 views on Utube, https://www.bing.com/videos/search?q=actipatch+utube&view=detail&mid=60A883E54C2CC835ABD360A883E54C2CC835ABD3&FORM=VIRE
4/2017 Up Coming Significant Events for BIEL
1) 4/28/2017 New FDA OTC packaging and instruction literature is complete, ActiPatch is now preparing for OTC Roll Out
2) Software Upgrades allowing BIEL to process Amazon, Walmart, Costco, Ect., Online Orders in the US will be functional by 5/13/2017
3) 5/27/2017 BIEL will present its research on “Increased Cardiac Output” to the International Neuromodulation Society at their annual conference
4) 9/2017 Chain in-store sales begin with the annual reset of their shelf space
The Companies BIEL does business with:
* B.Braun - $8.7 Billion sales, 54,000 employees, Offices in 50 countries, In Business 177 years
* Braun has been testing RecoveryRx and running clinical trials for the last year, big investment in time and Money
* Boots/Walgreens - $105 Billion in sales, 12,000 stores, #1 Health and Beauty retailer in UK
* 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
* Costco - operates 80 stores in Canada
* Costco operates 689 stores in the US and is the 3rd largest retailer
* Lloyds Pharmacy - $3.4 Billion in sales, 17,000 employees, 1,700 stores
* Lloyds is owned by Celesio AG which operates 2,200 stores across Europe
* Celesio operates 134 distribution centers that service 65,000 pharmacies and hospitals 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 - 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
* Watson has been in business for 188 years and is one of the worlds largest retailers
* HG Smith Co - Founded in 1792, First Chain Store in the World
* Operates 1300 stores across the UK
* 14,000 Employees
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