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Princess17

02/08/10 6:20 PM

#99843 RE: k9narc #99842

If I remember right. Mr. Lee had all manufacturing covered he had the companys in Korea to do all of the product development. Please correct me if I am wrong...but I know I read that in one of the earlier PR's.
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ENZO57

02/08/10 6:45 PM

#99845 RE: k9narc #99842

I got the following from an October 10th 2008 PR. If I am not mistaken, 1000 single sensor units would be 5 million in sales.

"The revenue model for the BioHarp comes from both the hardware and software sales. The single sensor unit will sell for $5,000 US dollars and the five sensor unit will be $30,000. The software will be sold on a license agreement wherein BioHarp UNI US will charge $19.99 per month per patient license, thereby creating a continued revenue stream once the unit hardware is sold. Naturally, if we have groups that are purchasing thousands of units, we will have a discount structure to these monthly fees. With the patient potential in the millions, our revenue model will be very strong and consistent for years to come.