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Re: DR5 post# 2835

Thursday, 08/15/2019 12:32:57 PM

Thursday, August 15, 2019 12:32:57 PM

Post# of 13622
Thank you for the Meat and Potatoes! With the development of the suite of surgical products, bandages, and other uses. Any idea the profit margins in the industry on these items? Gauze market seems to be projected at In February 2018, the Company completed and submitted to the FDA all materialsrelevant for the pre-market approval ("PMA") for HemoStyp as a Class IIIapplication for internal surgical procedures. The 2017 U.S. market forhemostatic products used in internal surgery procedures is estimated at inexcess of US$7 billion, of which the market for ORC or similar mechanicalhemostatic products is estimated to be US$3.38 billion. This market is expectedto grow at 6.2% annually to reach $4.57 billion by 2023 (source: October 2018Market Data Forecast).

With that market alone and capturing J and J portion ((60%) that could be significant number to bottom line for acquiring company! I’m just trying to wrap my arms around markets and profit projections to estimate possible buy out price. Fun exercise when you know the products are going to be ground breaking!
Thanks in advance for work or steering to help find facts!
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