Many people have said this same thing before but now it is different. They actually have something
This will be the last time you will see the price down this low!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The last times the price went down, what did they have going for them? NOTHING BUT HYPE!!!!!!!!!!!!!!
Now that they have FDA approval.
They will get FDA expanded usage.
They will get EU approval for probably the same thing the US gives.
Sales may not be where people want them to be but remember this. They are fighting a company that HAS HAD A COMPLETE MONOPOLY ON THIS SECTOR FOR 30 YEARS. THEY DO NOT WANT TO GO DOWN EASY. They "probably" have lowered there price right before LS came out so LS sales would lag until hospitals run out of the blue dye.When hospitals run out of blue dye and hear about how well LS works, LS will take over but the fight will continue. One year is a very short estimate for this to take place. This blue dye company is not going to lay down and just give up and go out of business. Personally, if you look at sales numbers and how they are improving, and do not look at overall sales numbers for the 2nd-4th months of sales, or even the 5th -7th month of sales, it is the increasing amount of sales per quarter that is important. The amount of sales this early, is almost meaningless. The bashers will tell you that $1.8-$2 million in a quarter is horrible. They would be correct if you were in the 4th or 5th year of sales but in the first 7 months, that number is very good. Sales are usually looked at 3-4 years in the future. The problem is that no one knows what LS and the other drugs will do 3-4 years from now.
Obviously sales will not grow at 800% per quarter because 1 month was used and then 3 months If sales can grow at a believable 60%-70% per quarter, then numbers will look extremely good in 2015.
Let us take a look with 1.1 million last quarter.
1.8 million is 60%-70% in March qtrr..$3 million in June qtr.$5 million in Sept qrt. Expanded usage will increase sales so 2015 sales should easily reach $12,.$15, and $20, and $25 million.