Calculate the valuation of this company. EyeGlue has a new product that allows ophthalmologists to glue incisions
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EyeGlue has a new product that allows ophthalmologists to glue incisions for cataract surgery (presently they are left open). One Million cataracts are operated per year in the US. The IP is licensed from a major university at a cost of $100K year. The cost of the production of one unit is $10. the company plans on charging $100/unit. The safety profile is good; FDA approval seems likely. The company has 10 employees and overhead is 1M year. There are no competitive products on the market.
Related Book For
Introduction to Operations Research
ISBN: 978-1259162985
10th edition
Authors: Frederick S. Hillier, Gerald J. Lieberman
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