Baywood International Receives Purchase Order for 1 Million Bottles of Count Down 200 from Omegamed Pharmaceuticals

Strategic Insights -

Baywood International, Inc., a leading developer of proprietary health and wellness products, has announced a major distribution agreement with Omegamed Pharmaceuticals Limited, a prominent distributor of pharmaceutical products in Brazil. As part of this agreement, Omegamed has acquired the rights to distribute Baywood's dietary and weight reduction products, including Count Down 200, to consumers in Brazil. The partnership is expected to have a significant impact on Baywood's bottom line, with the company anticipating substantial revenue growth from the Brazilian market.

Key Takeaways:

  • Baywood International, Inc. has received a purchase order for 1 million bottles of Count Down 200 from Omegamed Pharmaceuticals Limited in Brazil.
  • Omegamed has entered into a distribution agreement with Baywood, granting them the rights to distribute Count Down 200 and Baywood's complete line of dietary and weight reduction products in Brazil.
  • Omegamed has completed product registration for Baywood's products in Brazil and anticipates distribution to begin this month.
  • The agreement is projected to have a positive impact on Baywood's bottom line, with potential revenues exceeding $7.5 million (25% of Omegamed's estimated $30 million in revenue from a 2% market penetration of the Brazilian market for dietary products).
  • Karl H. Rullich, Baywood's president, has stated that if Omegamed achieves only 1% market penetration, the agreement will have a significant positive effect on Baywood's bottom line.
  • Baywood International, Inc. develops, manufactures, private labels, markets, and licenses various proprietary products, including cholesterol reduction, skin care, dietary, sports nutrition, fragrance, animal health, and water purification products internationally.
  • The partnership will enable Baywood to tap into Omegamed's existing network of over 16,000 OEMs (original equipment manufacturers) in Brazil.
  • The distribution agreement will grant Omegamed exclusive rights to distribute Baywood's products in Brazil, providing a significant boost to Baywood's international sales.

Statistics:

  • 1,000,000 (one million) bottles of Count Down 200 purchased from Baywood International, Inc.
  • Omegamed is projecting a 2% market penetration of the existing Brazilian market for dietary products, resulting in revenues of $30,000,000 U.S.
  • Baywood International, Inc. stands to gain approximately 25% of Omegamed's projected revenue, exceeding $7.5 million.
  • Omegamed has an existing network of over 16,000 OEMs in Brazil.
  • The distribution agreement will cover Baywood's entire line of dietary and weight reduction products in Brazil.

Sources:

  • Business Wire, "Baywood International, Inc. Receives Purchase Order for One Million Bottles of Count Down 200 from Omegamed Pharmaceuticals Limited", June 12, 1995.