Periodic Reporting for period 1 - BIOPLAS-PRO (high-performance BIOPLAStic PROducts for new markets and applications)
Berichtszeitraum: 2017-12-01 bis 2018-04-30
During the Phase I we defined the characteristics of our product portfolio (BIO-MAT, BIO-DRAIN, BIO-CORE and the soft products SIN-FLEX/BIO-FLEX). We defined the final development plan to scale up our technology and prepare its commercialization routes. We did a freedom-to-operate analysis, from which we concluded there shouldn't be a conflict in the sense of IP.
We also made an action plan for commercialization. We intend to sell our new products at a competitive price (5€/kg), reducing margins. We compensate the higher costs with the revenues of our conventional products and the new SIN-FLEX line.