The courtship of Taiwan and Actipatch is progressi
Post# of 7784
“ … pain management and quality of life of patients have been significantly improved, and many large medical institutions across Taiwan have successively applied for the use of Pain Relief Ring … “
“ … about 10 million people, suffer from pain! … “ << cha-ching !! >>
“ … people use 438 million sore patches a year …” - << not sure what a ‘sore’ patch is but I’m assuming it can be replaced with an Actipatch; @ 1% w/ $10 profit margin it yields $43 million!! >>
“ … top three are muscle soreness, headache, and joint pain … “ - << 2 outta 3 ain't bad; or is it good for headache, too? >>
“ … about 4 million people in Taiwan suffer from chronic pain problems … “ << more cha-ching !! >>
“ … Pain rings (Actipatch) have achieved significant benefits in terms of pain management and quality of life for patients … “
“ … Electromagnetic Pulse Pain Relief Treatment" has been approved by the Health Bureau of the Taipei City Government and is officially used at National Taiwan University Hospital … “
“ … Following National Taiwan University, Taipei Tzu Chi Medical Center and Mackay Medical Center in the north, Ching Ching Hospital and Lin Hsin Hospital in the central part, and the National Army Beitou and Hsinchu Hospital have successively applied for the use of pain relief rings to benefit more patients suffering from chronic diseases … “ << seven, by my count - more cha-ching !! >>
“ … According to statistics from the National Health Insurance Administration, the number of painkillers used by people in Taiwan exceeds 900 million tablets a year … “ - an open field of opportunity.
Between Eugenics Pharmaceuticals, Avro Biomedical Consultants, Aphrodite Bio Medical, Yousheng Pharmaceutical & our international sales rep John Linebaugh something is happening in Taiwan. According to srinsocal, Post #335,055 (hub), at the National Taiwan Hospital there are 8,000 outpatient visits daily . That’s ONE hospital !!
Taiwan does have National Health Insurance. How this fits in is an interesting question. The financial implications are huge, as you already know. It’ll be interesting to see how BIEL plays this out in terms of announcements or a PR on an initial order.
Is there any significance to the bielcorp.com website being down? Is this Taiwan deal the deal CEO Kelly alluded to when she said she can’t make any other comment on it?? The 1,000 vet/pet deal is on the table. And, of course, a potential VA deal.
This Taiwan development plays right into what poster ‘3331’ has been writing about. A big initial order for Taiwan could do wonders for the share price. #3 on the breakout board. Lots of eyes are reading about this … in the blink of an eye … Things are definitely heating up.
Quote:
THESE are the times that try men’s souls. The summer soldier and the sunshine patriot will, in this crisis, shrink from the service of their country; but he that stands it now, deserves the love and thanks of man and woman.
Hope for the best, Prepare for the worst. Adapt - Improvise - Overcome
"Sic parvis magma" - Greatness from small beginnings
All the best, WBeacham