InvestorsHub Logo

StockMedic1

12/25/15 3:25 PM

#10636 RE: WolfWayne #10629

Some good points. I believe that the OEM's, Hospira, CareFusion, Smiths Medical will buy the products from RXSF for their infusion pumps and perhaps package them with new pump sales, and to replace in service pendants that fail (they have a 12 months life in a hospital and assisted living environment). But I also know that the company will not lose its brand identity either. In her last company, the CEO was able to get big brand names on her products - MasterLock, Overhead Door Company, Honeywell, etc......and she will probably take the same path here. They are all brand names, they already have millions of units in the market, they have established distribution channels, and RXSF offers a more secure, more efficient product that is an "add-on" to the actual infusion pumps themselves. I understand the product is infusion pump agnostic, so its universal and works with all of them. It just replaces the patient controlled "pendant" which is a medical term for a simple switch. This CEO is very brand sensitive and I am sure if those huge established companies buy this product, the product itself with have a RXSF marking in it somewhere. Same with the MyDOSE product, the difference being is while RXSF manufacturers both the SafeDOSE and MyDOSE products, the MyDOSE needs to be packaged with a major pharma company to meet FDA requirements. So, who has a secure injector? NO ONE! How many big pharma companies are getting their heads bashed in by the FEDS, the FDA and patient user lawsuits - all because these drugs are dangerous? How big a stretch is it for big pharma to want this product, at minimum for great PR, at best, to save millions in lawsuits, to meet compliance requirements and to further take measures to secure controlled substances.

So there really is a HUGE picture here for RXSF in the medical device market - dwarfing the retail safe side. Consumer and professional healthcare secure access and control of controlled substances - you couldn't write a more perfect script for the future IMHO.

Plus I am sure there are new products in the works as well.