ThermaFreeze Products Corp (TZPC)

[metical1]

MARKET SIZE
Total food production in the US in 2000 was $2 Trillion with at least $154 Billion perishable. Of $96 Billion in pharmaceutical production, $39 Billion required perishable protection during shipment.
Pharmaceuticals by Mail (PBM) represent the fastest growing perishable shipment segment. With revenues of almost $1 Billion the segment has grown by 25% annually for the past three years. Models used by the major companies in the segment project 25% annual growth for at least the next seven years.

The top five specialty PBMs (100% perishable shipments) move at least 7,000 shipments by FedEx and UPS daily. The average value of perishable shipments is $1,500.00 each.

One of the largest pays FedEx over $6.5 million annually for Priority 1 (24-hour) shipments. Their old style commodity packaging averages about $3.00 per shipment BUT they lose over $30,000 per week in failed temperature return shipments. Senior pharmacology management at this company is searching the entire packaging universe for a solution to the problem.

With appropriate packaging permitting Priority 2 (48-hour) shipments and a substantial reduction or elimination of temperature failures, the $6.5 Million figure would be cut by at least $1.5 Million dollars at a modest increase in modern ThermaFreeze Products Company perishable packaging cost.