...having breakfast this morning and watching that Fox interview. My mate who is a cop in the city saw the syringe demo and his immediate reaction was "WOW...that is amazing" He went on to chat about how that is needed for all the paramedics, nurses in emergency.
I just laughed and told him the age of the company and he was shocked...."its such a good idea!!!
It goes to show, that it is a no brainer product. BUT the economics dont add up. If you can buy at retail price a glass syringe for 20c, then your guess would be as good as mine what the manufacturer gets to charge.
There is very little to be seen in UNS trying to become a leaner operation. They say they are responsive to needs of customers...but if the size of the operation is a contributor to what the unit prices end up...and all this talk of 40% margins I am back the economics of it all
If our devices are so strong go in and take market share off the auto injector players in developing markets and US/EU. We have no traction in the auto injector market which is the largest growth area of the market...all thsi talk o f15billion or whatever markets....we wont have a part of it.
I wonder if the growth of the auto injector is short circuiting the ability of the Unifill to sell in SERIOUS volume? I think it steals some of the appeal, but then again I come back to economics. On merit the Auto Injector will be more expensive than a syringe. So the real question becomes are competitors auto injectors cheaper than the Unifill!?!?!?!?!!?
I bet we largely sit on the fence because we are not able to compete price wise so Rita/Lisa need to get a move on.
A 20% margin on 500 million revenue is far healthier than 40% margin on 200 million. Main reason I am itching to see the names of the companies involved in these other deals is we haev one customer at the moment for one of our products
Have to start somewhere but who are these other companies and how viable a business are they operating???
UNS Price at posting:
56.5¢ Sentiment: None Disclosure: Held
