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As mentioned above, with the growth of Alkindi Sprinkle, the company felt it would be more beneficial to build a new sales force that would focus solely on ETON products.
At the end of the quarter, we also successfully completed the first TAVR procedures using SavvyWire in New Zealand, which represents the third commercial market for Savvy after the U.S. and Canada, which are covered by our direct sales force.
ELMD employs a direct sales force to get in front of physicians and other referral sources, unlike competitors in the field who sell through distributors.
Given the existing customer network at Fulgent Genetics and Inform Diagnostics, Fulgent Genetics can leverage the existing sales force to cross sell testing services and expand its overall customer base.
It has strong growth potential ahead once Altria expands its currently small sales force.
Source: https://investorplace.com/2023/04/the-7-best-stocks-from-schwabs-dividend-etf/
That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in more than 35 countries.
The company distributes its products primarily through its direct sales force, brokers, and distributors.
The increase from 3Q2021 was primarily due to an expanded sales force, the opening of NeuroStar University, and, of course, increased costs from inflationary pressures.
Source: https://seekingalpha.com/article/4577866-neuronetics-an-overdue-checkup?source=feed_all_articles
There we'll both have direct sales and working with channel partners to try to get more amplification of our sales force to keep it going.
When asked about the new sales force and its focus, management said it'll be approximately 80 percent focused on Alkindi Sprinkle, with the remaining 20 percent focus on Betaine and Carglumic Acid.