Change in Sales Distribution Makes for Second Consecutive Profitable Quarter
Change in Sales Distribution Makes for Second Consecutive Profitable Quarter
13-Jan-2014 Theravant announces that it has just completed its second consecutive quarter profitably. Following ending of its sales relationship with Palomar Medical in March 2013, the company established a network of independent sales representatives in the US and greatly expanded its network of distributors outside the US. Changing its sales distribution model allows the company to operate profitably for the last two quarters of 2013. The company expects to be profitable every quarter of 2014.