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Post# of 253533
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DewDiligence

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Re: walldiver post# 51433

Friday, 08/24/2007 11:08:30 AM

Friday, August 24, 2007 11:08:30 AM

Post# of 253533
Tabular data from the Morningstar article:


US Patients per Physician for Selected Diseases
      Prevalence  Physician   Number   Patients per 
        (million)   Group      Active   Physician 
 Psoriasis   5.8 Dermatology   10,957   533 
 CHF         4.8 Cardiology    21,875   219 
 IBD         1.4 GI            12,089   116 
 AMD         1.8 Ophthalmology 18,054    97 
 Diaper Rash 1.0 Pediatrics    56,519    18

Salesforce Efficiency Ratio (SER)
       2006             Economic 
       Sales  #Reps  SER   Moat 
 ENDP    910    480  1.9  Narrow 
 KG    1,989  1,050  1.9  Narrow 
 ELN     560    319  1.8  None 
 AGN   3,063  1,750  1.8  Wide 
 Shire 1,797  1,158  1.6  Narrow 
 AXCA    292    194  1.5  Narrow 
 FRX   3,442  2,839  1.1  Narrow 
 SEPR  1,197  1,675  0.7  None 
 VRX     907  1,531  0.6  None

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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