ISRAEL 
HIGH-TECH & INVESTMENT REPORT

from the July 2004 issue


Wal-Mart Places $1.5m order for Israeli-developed "SheAgra"


Wal-Mart Stores (NYSE:WMT) has placed an order for 50,000 units of SheAgra, a natural herbal sexual stimulant for women. The contract is valued at $1.5 million. The price of a five capsule pack of SheAgra in Israel is NIS 299. The US list price will be $70-75.

Israeli businessmen Roni Hahn and Yoni Echtenberg own the company that makes and markets SheAgra. Sales of SheAgra in Israel were conducted not through retail chains, but via the company's website, and delivered by mail.

A Wal-Mart vice-president said that this was a trial order. Wal-Mart's management will decide on further orders for the coming year based on sales in 28 Florida-area Wal-Mart stores.

SheAgra was developed after 10 years of research by a team headed by Dr. Avner Shemer, senior dermatologist at the Sheba Medical Center at Tel Hashomer. Production is carried out at the Solgar (Israel) plant in Netanya. SheAgra was granted Kosher certification at the end of last week.


Reprinted from the Israel High-Tech & Investment Report July 2004

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