Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Noting from today’s RNS that “For FY24, Dermatonics reported revenues of £1.86 million (2023: £1.82m) assisted by the increased sale of products into the NHS and podiatry clinics, at higher price points negotiated in February 2023, as well as growth in key distributor relationships outside of the UK.” the results for the New Cross Hospital trial for the Heel Pressure Ulcer trial could well trigger a material update in revenue projections. A few Govt facts;
https://www.gov.uk/government/publications/pressure-ulcers-applying-all-our-health/pressure-ulcers-applying-all-our-health
“Facts about pressure ulcers
Older people are the most likely group to have pressure ulcers. This is especially true for those older than 70, up to a third of whom will have had surgery for a hip fracture. Age alone is not a risk factor. Instead, it is the problems common in older people that are associated with pressure ulceration. For example hip fractures, faecal and urinary incontinence, smoking, dry skin, chronic systemic conditions, and terminal illness.
Those with spinal injuries form another distinct group. In this group the prevalence is 20% to 30%, 1 to 5 years after injury.
Pressure ulcers in older patients are associated with a fivefold increase in mortality. In addition, in-hospital mortality in this group is 25% to 33% (Grey, 2006).
Pressure ulcers can result in longer lengths of stay in hospitals. One study found that adult patients who develop pressure ulcers had an extended stay of over 4 days (Graves, 2005). Another study found patients over 75 years of age, who develop a pressure ulcer in hospital, had a 10 day longer stay (Theisen, 2012).
Treating pressure ulcers costs the NHS more than £1.4 million every day (Guest et al. 2017).”
Also worth noting that whilst there are a reported 1257 hospitals in the UK, they are managed by just 219 trusts. For instance, Ipswich Hospital falls under East Suffolk and North Essex Trust which also manages Colchester Hospital, whilst New Cross Hospital falls under the Royal Wolverhampton NHS Trust which also runs West Park Hospital and Cannock Chase Hospital and runs R&D Projects across the whole of the West Midlands, with links across England through ithe National Co-ordinating Centre so any successful trial of Once Hell Balm could see a fairly rapid roll out.
https://www.royalwolverhampton.nhs.uk/about-us/research-and-development.html
Yes Toyin, there is also the launch of the Natural Range Heel Balm containing Manuka honey to be launched on USA Amazon which sold 50000 units through the former partner. Also, noting Stuart mentioned he had taken a call from one of the Companies looking to partner in the Medi pillar following the acquisition, makes you wonder whether a Smith & Nephew or Croda with their American contacts would consider promoting a launch of the professional Once Heel Balm containing Urea to the US hospitals whilst they carry out clinical trials on skinbiotix as an active ingredient for wound care.
This involves the microbiome modulators
First of all a link to the spectacular clinical results for Dermatonic’s Once Heel Balm
https://diabetesonthenet.com/wp-content/uploads/pdf/dotnc92b099e511705f109f5e6b10485e0d2.pdf
Now putting it all together with the Investor Meets presentation where we were told that Ipswich Hospital reduced Diabetic Foot Ulcers using Once Heel Balm by 2/3rds yet it has only been rolled out to 10 NHS Hospitals in total leaving a huge potential market to exploit of 1247
https://www.sanctuarypersonnel.com/blog/2020/10/how-many-nhs-hospitals-are-there-in-the-uk?source=google.com
In addition, news is imminent from the New Cross Hospital on the use of Once Heel Balm on Heel Pressure Ulcers associated with the elderly which if successful will further expand the market for this product.
I have previously advocated that the 5 Pillars should be renamed to reflect the market segment the products are targeted at rather than the first two being brand specific; the recent acquisition reinforces that view. So instead of Skinbiotix, Axisbiotix, Medibiotix, Cleanbiotix and Pharmabiotix we would have Cosmetic, Food Supplements, Medical, Cleaning, and Pharmaceutical. We formerly had Skinbiotix and Axisbiotix psoriasis and Acne listed as early commercial in the first two pillars respectively with the other pillars blank, but the slide reflecting this in the presentation needs updating. Dermatonics have two product groups; The Natural Care range which reside in the Cosmetics Pillar, and the Professional Range which reside in both the Medical and Pharmaceutical Pillar i.e. “Medibiotix” and “Pharmabiotix” are now commercial too
https://www.dermatonics.co.uk/
A time when NHS podiatry workforce numbers are challenged to meet increasing demand, Dermatonics could prove to be an important tool in the prevention of ulceration. The potential human and financial benefits for a low-cost prevention strategy by using Dermatonics on neuropathic callus are significant with savings to the NHS estimated to be as much as £120m (Lunn, 2018) and should be explored by commissioners, prescribers and clinicians across all areas of the foot care pathway" extract from the clinical trial for the heel balm which I meant to include with the previous post
The heel balm really is quite impressive, can see why it may well help clinch a deal for the lysate in the medibiotix pillar where Stuart had spoken in particular about the foot ulcer target market.
Yes Sry Toyin just fed up with so many speculative sales indicators seized on over the years with axis that have come to nothing. Need something concrete to celebrate. Thought we would get the Dermatonics figures posted this week rather than something drip fed to Cavendish for their paid for followers
Another 1 has flown off the shelves Toyin
McDonald’s
Surely Golden Arches isn’t the spot for a healthy bite on the move? Not if you order burgers, fries and sugar-laden condiments. “But the grilled chicken salad meal is better for you than any burger,” Kerrigan says. “It comes with water and a bag of carrots to munch on, and in terms of calories, saturated fat and salt, beats burgers hands down.” For breakfast, go for plain porridge, without added sugar, jam or golden syrup.
Breakfast
Porridge with organic semi-skimmed milk, and wholegrain jumbo oats
Porridge with organic semi-skimmed milk, and wholegrain jumbo oats
Calories: 154
Nutrition: Low in saturated fat , no salt or sugar added, a good amount of protein.
Taste: Hot, creamy and surprisingly delicious. (4.5/5)
Satiety: The small serving didn’t fill me up but it did tide me over for an hour or so. (3.5/5)
Total score: 4/5
Adding Slimbiome could result in a 5/5 score
https://www.telegraph.co.uk/health-fitness/diet/nutrition/healthiest-meal-option-in-fast-food-restaurants/
Thanks mol, good finds
Dermatonics heel balm sold over 700 last month
https://www.amazon.co.uk/Dermatonics-Suitable-Diabetics-Hydrates-Moisture/dp/B09MR5PF5N/ref=sr_1_7?crid=2RKCX4C5CHOM6&keywords=heel+balm&qid=1706805207&sprefix=heel+balm%2Caps%2C228&sr=8-7
Toyin, I'll start to get excited when I see 300 sold in the last month which is also the sort of stat Amazon likes to publish
If Amazon fail to deliver next day when promised then they will merely refund the delivery charge
The introduction of The Procurement Act will make it easier for Small Enterprises to do business with the NHS and is very timely for Skin
https://www.gov.uk/government/publications/benefits-for-prospective-suppliers-to-the-public-sector/benefits-for-prospective-suppliers-to-the-public-sector
Guess it was sheer coincidence that the Opti sp increased after a period of stagnation on no news other than the value of one of its assets, Skin, had decreased 20% then.
Technically this type of fund raising is classed as a death spiral Clio although the final para is appropriate for the purpose the Company is using it for. https://www.investopedia.com/terms/d/deathspiral.asp
It hit 80p on pure speculation not solid news, that all 9 million odd psoriasis sufferers in the USA were psoriasis association members and the Psoriasis Association thought of themselves as a Partner for Skin, neither of which was true. Since then we have had dilution through two fundraises and now a death spiral which will become even more dilution if the share price remains suppressed or drops further before the next acquisition, so you should care Clio. That said, the share price should recover on publication of a decent set of accounts for the acquisition justifying the latest loan outlay and that is what it is sensible to wait for before dealing in this share.
A search for psoriasis treatment on Amazon now includes axisbiotix-ps
Unlike you beaver I don't profess to be a psychic and prefer to wait for the publication of the latest accounts for the acquisition and any subsequent synergistic benefits it brings in terms of new and current revenue streams before passing judgement over its merits or otherwise. As for the Market getting it right, time will tell whether TW's advice to his followers to sell up and switch to opti whilst retaining his own holding will prove sound or not,. He already appears to have had second thoughts about the merits of the Company acquired following the few glimpses given at the Investor Meets presentation.
Presentation not article