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This is fascinating, and a niche where I can definitely see a smaller player causing a splash and driving down prices for nuclear medicine. My question is, how
by Lanthanide 8y ago
This is fascinating, and a niche where I can definitely see a smaller player causing a splash and driving down prices for nuclear medicine.
My question is, how equipped are you to handle regulatory hurdles for international customers? It's one thing for a small firm to deal with US civil nuclear regulations, but how are you going to deal with the regulators of each foreign market you intend to export to? I imagine that this is something that the larger providers in the field use economies of scale to deal with, but could be a hurdle for a startup.
- atomicalchemy 8y agoGreat question. The way I'm currently looking at that issue is that the market for the US alone is huge (50% of the world market). By the time I satiate the US market, I will have been able to hire that expertise in. Another possibility is that if I sell directly to a distributor/radiopharmacy, I won't have to deal with any of that anyways. Regardless, that is an important issue, but one I don't have to have a solid answer to for several years. Great username, btw. ;)