AspenBio Pharma, Inc. (APPY) Target Market Offers Significant Potential for the Company
AspenBio Pharma is primarily focused on discovering, developing, manufacturing, licensing, and marketing products for animal healthcare. The company uses its proprietary knowledge and technology to develop patented or patentable products that could have significant market potential. AspenBio Pharma also manufactures and markets approximately 30 antigen products, and actively advances the development of animal reproduction products for worldwide markets. Focusing on veterinary medicines provides the company with several competitive advantages. First, since the FDA approval process for animal products is often less costly and time-consuming, the research and development costs are considerably reduced and the timeline to product launch is shortened.…
