Sirona Biochem Corp V.SBM

Skinmedica

[Turtle4]

Does anyone know if Skinmedica is also represented outside the USA?
The Skinmedia online store only delivers to the USA.
In the quarterly reports, “Other Aesthetics” makes almost all of its sales in the USA.
That would mean that the worldwide license is pointless.
Probably no milestone payment is triggered if a reseller sells the product outside the USA.
 

I had hoped that skinmedica might not want to miss out on the Christmas business after all and still launch this year.
But if there are no multiple milestone payments for other countries, the payment could turn out to be as small as the upfront.

[gr0und1ng]

...the first milestone payment will be tied to the first commercial sale of each product in a certain geographic market. For example if they launch a skin lightener cream in the US that will be a milestone payment plus a royalty on the sale. If they launch in Canada at the same time, that's another milestone payment and the royalties also start at the point. If they launch a crme and a serum

[tylerreddick]

Well, Abbvie hasn't launched sweet fark all to date. But it appears they aren't telling Howie anything, so who knows, we may get a big surprise one day (not holding my breath on that one)

[Turtle4]

Yes, I know that. That's why I asked how many geographic markets Skinmedica is active on. So far I only know about the USA and Canada. And in Canada there is only a very limited offer (see skinmedica.ca)

[tylerreddick]

Skinmedica appears to be aimed at a different market, a more upscale market, than what Howie appears to be targeting. And considering Abbvie's products, I continue to doubt they give us anything but scraps. So we are back to waiting for the launch of GPM, and all of the news releases that come leading up to that.