Dx Revision Watch
Senior Member (Voting Rights)
It is also of concern that the ‘dragons’ have previously with other companies/medical products asked questions about accuracy of any medical claims or any evidence for their efficacy, but did not do so with these ‘ear seeds’.
...This ear seeds business is retailing at an enormous mark up a product freely available from a number of other retailers at a fraction of the cost. This business had no exclusivity and at any point in time they could be undercut by other businesses getting in on the act.
I do feel that the BBC and the Dragons also have questions to answer about why they seem to have treated this business differently to others. I would argue that this apparent giving the ear seeds an easier ride than other companies gives the BBC further ethical responsibility.
Sara Davies: So what does this..? What does one of your kits retail for?
Giselle: £30.
Sara Davies: And what does it cost you to produce?
Giselle: £3.
Sara Davies: I like them sort of mark-ups! You're talking my language in terms of profitability.
(...)
Sara Davies: So do you want to give me the first 12 months', full-year sales and profitability?
Giselle: Yeah. £92,000 in revenue.
Sara Davies: Wow. For your first year?
Giselle: With £74,000 gross profit.
Sara Davies: That's cos you've got a wonderful gross profit margin. And your net?
Giselle: 64,000.
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Sara Davies: And what rigorous scientific evidence is there that supports the efficacy of ear seeds for the conditions you mention on your website?
No, Sarah Davies did not ask Giselle that question and neither did the other Dragons.