Marketplace Dynamics
Customers will be existing pharmaceutical companies that can license this technology to enhance the competitive position of their products. Direct sales effort to these organizations through a corporate organization and business development partnerships. Additionally, they have an internally- controlled program to manufacture generic pharmaceuticals themselves for distribution through normal channels.
Competitors
There are several other transdermal delivery methodologies mostly involving a skin patch and gel approach. Company is unaware of competing technologies in transdermal drug delivery via a spray or lotion.
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Market Statistics at a Glance
Number procedures:
Total Market: $500,000
Addressable Market:
Market Penetration: