Bros you need to slow the f*ck down and read the statement. What it is saying is that
1) Fidia has a successful product line of hyaluronic acid products. You know what that is? It's cosmetic filler. Juvederm. It's an endogenous substance so it has other functions than just plumping your skin. If you want to learn more, see
https://en.wikipedia.org/wiki/Hyaluronic_acid
Fidia did not invent HA. Many people manufacture the stuff. Fidia, being a small cosmetic company, holds HA-based products as one of its core products.
2) The
GLOBAL viscosupplementation market, i.e. substances included, but not limited to, HA, is valued in the billions. That is the size of the entire market. Here's the definition of market size: The number of individuals in a certain market who are potential buyers and/or sellers of a product or service. Companies are interested in knowing the market size before launching a new product or service in an area (
http://www.businessdictionary.com/definition/market-size.html).
In other words, 2.64 B is the PROJECTED SIZE OF THIS ENTIRE INDUSTRY OF VISCOSUPPLEMENTATION, NOT FIDIA PHARMACEUTICALS ALONE.
I realize that tensions are mounting and of course I would like an update also but pls chill :]