Barium & Iodine Contrast Market and Sales Strategy

  • ImagingX has implemented a proven strategy:  FROM THE EARTH TO THE BOTTLE. 

  • This strategy is based on controlling all input costs from mineral extraction to pharmaceutical manufacturing and sales. 

  • ImagingX is planning on selling multiple brands of barium contrast products. 

  • The market is estimated to consume over 200,000,000 bottles per year worldwide.

  • ImagingX has sourced a third party supply of USP barite to fast track manufacturing and production. This will allow for cash flow to begin prior to Voyageur Pharmaceuticals mine production. 

  • First barite shipment was delivered to ImagingX in February 2019.

  • There is limited competition as one company controls 50% of the market and this company has a monopoly in North America. They do not have a source of barite and rely on foreign imports.

  • By utilizing Voyageurs Frances Creek barium sulfate, ImagingX will have the lowest cost product based on ingredient input cost.

  • ImagingX plans on penetrating the Canadian market as stage 1 of sales.

  • The second stage will be marketing into the European, USA and other world markets.

  • ImagingX will begin exploring the manufacturing of Iodine contrast products upon initiating cash flow.

  • ImagingX plans on future sales of Iodine and barium products for worldwide sales.