Admission document16 Jun 2021 23:09
Is well worth a read. It’s going to be a very busy 9 months with commercialization of no fewer than 3 products.
It’s worth noting that Belluscura has already filed for approval to be supplied through MediCare and expects clearance within 60 days. As the prospectus was published on the 24th May the very latest it could receive clearance is by the 22nd July and most likely sooner as it has already been filed prior to to publication as above and likely closer to the March FDA approval date.
Next month will see the launch of the first ‘pulse dose’, product, targeting a US $434m market. Followed by 2 further products that will be launched in November and January respectively, these will target the continuous flow market which is a US $2.745m market.
With further detail to follow on international clearances such as CE approval. We may also see a ‘private label’ agreement during the second half of this year and perhaps prior to next months launch with an unnamed party. This has specifically been referenced in relation to the product thar will launch next month.
With discussions ongoing with distributors and indicated orders of over 500 units for July’s launch, with a suggested but unconfirmed 25/35% margin and the promise of significant growth in both revenue and recruitment, the market won’t be able to ignore this for much longer IMO.