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Paramagnetic Beads and QL Analyser are Proprietary Products

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Nice piece of revenue information on page 11 - Ante was looking for this information.

http://redingtoninc.com/emailattach/Zacks-CGNH-initiation.pdf

There are several companies that currently sell paramagnetic beads manufactured by a polymer encapsulation process with pigment inserted in a latex particle that target the same applications as CardioGenics beads. These other beads have significant disadvantages in our opinion, however. Among the biggest is that they are priced between $900 - $1,500 per gram of solids this is mostly a result of the high manufacturing costs due to the labor
intensive nature of the process and the sophisticated equipment involved. By contrast CardioGenics beads cost approximately $100 per gram to make as a result of a much more simplified manufacturing process. This will allow CardioGenics/Merck to price the beads at a significant discount to competitors beads while still affording the companies a huge margin. The other major advantage of CardioGenics beads, as discussed above, is their higher
sensitivity than all beads marketed by the major suppliers which accounts for approximately 85% of all magnetic bead sales.

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Aug 25, 2010 08:34AM
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