red yeast rice for hypercholesterolemia treatment

12
d yeast fermented rice for hypercholesterolemia treatment Presented by: Sulov Saha Mohsin Klinton Mawlana Bhashani Science & Technology University

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Page 1: Red yeast rice for hypercholesterolemia treatment

Red yeast fermented rice for hypercholesterolemia treatment

Presented by: Sulov Saha Mohsin Ali Klinton Ali

Mawlana Bhashani Science & Technology University

Page 2: Red yeast rice for hypercholesterolemia treatment

Brand name: CholessTrice (Life24 pharmacare Ltd.)

Red yeast rice red yeast (Monuscus

purpureus) fermented rice

containing monacolin K cholesterol-lowering

dietary supplements

Page 3: Red yeast rice for hypercholesterolemia treatment

Cholesterol facts

High levels of LDL cholesterol (hypercholesterolemia) lead to atherosclerosis increasing the risk of heart attack and ischemic stroke.

Page 4: Red yeast rice for hypercholesterolemia treatment
Page 5: Red yeast rice for hypercholesterolemia treatment

Production procedure

Page 6: Red yeast rice for hypercholesterolemia treatment

Financial analysis

For business start up,• Infrastructure development

Tk.1,000,000• Laboratory equipments

Tk.1,500,000• Machinaries set up Tk.1,500,000• Others Tk.7,00,000

Page 7: Red yeast rice for hypercholesterolemia treatment

Market opportunity

Product Production unit

Production cost(Tk)

Sell price(Tk) Revenue (Tk)

600 mg/tablet 1 11 12 1

1st year 2nd year 3rd year 4th year 5th year

Target customer

2000 2500 3500 6000 9000

Total revenue (in Tk)

7,00,000 8,75,000 1,225,000 2,100,000 3,150,000

Market growth

25% 40% 72% 50%

Page 8: Red yeast rice for hypercholesterolemia treatment

Market competitionProducts in Bangladesh

Price(Tk)/per 30s pack

LDL reduction rate per 20 mg dosage

Side effects

Atorvastatin 10 mg/tablet;300 MRP

45% Allergic reactions, muscle pain, liver damage, neuromascular problem

Fluvastatin 20 mg/tablet;360 MRP

17% Muscle pain, neuromascular problem

Lovastatin 20 mg/tablet;300 MRP

25% Muscle pain, allergic reaction, abdominal pain

Rosuvastatin 10 mg/tablet;750 MRP

50% Neuromascular problem, allergic reactions, muscle pain, constipation, heart burn

Simvastatin 10 mg/tablet;450 MRP

35% Allergic reactions, muscle pain, liver damage, diarrhea, indigestion

Red yeast rice 600 mg/tablet:360 MRP

28% (1.2 g) CoQ10 depletion

Page 9: Red yeast rice for hypercholesterolemia treatment

Management

General management

Operations

Human resources

management

Engineering and R&D

management

Financial management

Marketing/sales management

Legal management

Page 10: Red yeast rice for hypercholesterolemia treatment

Marketing strategies:

• Representative detailing• Brochures• TV advertising• Scientific symposia• Website

Page 11: Red yeast rice for hypercholesterolemia treatment

Risk analysis:

• Proper fermentation• Muscle pain• Increased bleeding risk• Depletion of CoQ10• Pregnant women “Stay with red yeast rice, stay better.”

Page 12: Red yeast rice for hypercholesterolemia treatment