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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1345 |
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It can be seen from exhibit 2 that Hemopure will be profitable across a range of prices. Even at half capacity and a price of $400 Biopure will make a gross margin of 50%. This scenario also assumes that Biopure can produce Oxyglobin on a second production line that is not yet built. If the market is more price sensitive, Biopure will be able to lower prices given their low cost of production compared to their competitors...
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If the market is more price sensitive, Biopure will be able to lower prices given their low cost of production compared to their competitors.
Oxyglobin is the only blood substitute approved by the FDA for the small-animal verterinary market, the expectation of competition from similar products in the market is small...
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