"Allegiance" assists emerging technology businesses to finance their operations by providing consulting services in exchange for valuable equity positions.
Allegiance specializes in providing its unique experts in the biotech and pharmaceutical industry, where the development of drugs including Tiazac® (Biovail) , An-1792® (Elan), Viagra® (Pfizer), and Celexa® (Forest Labs) have increased shareholder value and revenues by several hundred millions to several billions of dollars.
Allegiance focuses on companies that target billion dollar markets having clearly identified product deficiencies and dissatisfied patients who suffer widespread diseases and conditions including diabetes, high cholesterol, cardiovascular deterioration and arthritis.
Allegiance’s strategy utilizes leading edge scientific technology to create valuable, proprietary and effective natural treatments, recognized as safe and effective by North America regulatory authorities, at a fraction of the cost and time it takes to develop a prescription drug.
Allegiance competencies are product development plus effective sales and marketing strategies. All non-revenue producing activities such as manufacturing, distribution and research will be outsourced in order to minimize costs and maximize financial flexibility.
From an investment point of view OTC products hold significant advantages over prescription drugs. OTC products require less capital to develop and there are few if any safety issues. The result is far less financial, safety and legal risk. The time cycle to develop and market an OTC product and generate revenue is less than a year, compared to five to ten years for a prescription drug.