Precision Therapeutics Announces Projected Sales to Increase in 2018 with Patented Streamway Machines

WHO WE ARE:

Precision Therapeutics (NASDAQ:AIPT) operates in two business areas: first, development of a healthcare CRO that provides personalized medicine solutions for clients in the pharmaceutical, diagnostic, and biotech industries, and second, production of the FDA-approved STREAMWAY® System for automated, direct-to-drain medical fluid disposal.

PRECISION THERAPEUTICS ANNOUNCES PROJECTED SALES TO BE A 900% INCREASE IN 2018 OVER ITS 2017 REVENUE FOR IT PATENTED STREAMWAY MACHINESCOMPANY'S BUSINESS MODEL HAS HIGHLY PROFITABLE MARGINS, AN FDA-CLEARED PRODUCT AND UNTAPPED MARKETS AROUND THE WORLD!

Precision Therapeutics Inc. (formerly Skyline Medical Inc) 
Ticker: AIPT 
https://www.skylinemedical.com

WHO WE ARE:

Precision Therapeutics (NASDAQ:AIPT) operates in two business areas: first, development of a healthcare CRO that provides personalized medicine solutions for clients in the pharmaceutical, diagnostic, and biotech industries, and second, production of the FDA-approved STREAMWAY® System for automated, direct-to-drain medical fluid disposal.

THE STREAMWAY® SYSTEM:

The STREAMWAY System virtually eliminates staff exposure to blood, irrigation fluid and other potentially infectious fluids found in the healthcare environment. Antiquated manual fluid handling methods that require hand carrying and emptying filled fluid canisters present an exposure risk and potential liability. 

The STREAMWAY system minimizes human intervention in operations, it makes the operating room more streamlined and saves hospitals money. Additionally, it reduces environmental waste associated with 50 million disease-infected canisters that are dumped into landfills annually in the US.

KEY INVESTMENT POINTS ON AIPT:

* An FDA Approved product in the STREAMWAY System
* AIPT projected that they would sell 100 systems in 2018 in the US alone. This would represent growth of 900% over 2017 and it would nearly double the number of systems they have sold inception to date.
* A business model which offers highly profitable margins
* The company also generates recurring revenues
The Market Size is estimated to be $2Bil - $3Bil
* There are over 51 Million inpatient procedures performed in the U.S. alone (CDC, National Hospital Discharge Survey)
* The hospital operating room market is large as well with approximately 40,000 operating rooms just in the U.S.
* AIPT's worldwide distribution network is growing


Precision Therapeutics Inc. (formerly Skyline Medical Inc)
Ticker: AIPT

Media Contact
Company Name: PublicWire
Contact Person: Dave Donlin
Email: Send Email
Phone: 4074906635
Address:5850 TG Lee Blvd, Suite 300
City: Orlando
State: FL
Country: United States
Website: http://publicwire.com



Source: www.abnewswire.com

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