medivet update, page-11

dug this out from Jul-2011, shedding some light on the structure in place for Medivet's UK operations. Might also go to show the potential for each additional veterinary clinic that provides the service - and likely increases in revenue. Although dated 2011, I'd be surprised if there wasn't still some similiar deal in place.


"A veterinary practice that wants to offer the MediVet adipose stem cell process is required to purchase proprietary hardware upfront, valued at US$10,000, and then order procedure packs based on a minimum $US$2,000 order value per month.
MediVet’s product is receiving strong support in the equine market in particular, and over 200 veterinary practices in the United States now provide the product with growing sales in the Middle East and Asian markets."

http://stocknessmonster.com/news-item?S=MLA&E=ASX&N=639877