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Topic: Business
Number of pages / Number of words: 6 / 1483
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The company, which had been listed on the Oslo stock exchange since 1996, has not turned a profit in recent years. So it has an obligation to generate cash and profits for long-term survival. Thus products that are developed successfully must generate sufficient revenues so as to recoup past R&D costs as well as generate profits to compensate shareholders for their risk...


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Thus products that are developed successfully must generate sufficient revenues so as to recoup past R&D costs as well as generate profits to compensate shareholders for their risk.

As the attributes of the market demands are technical in nature (effectiveness of the product), Medi-cult's core strengths can be found in the possession of their medium patent for IVM and its partnerships with doctors, scientists and biotechnological manufacturers to staying on the cutting edge of research in this competitive field...


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