We think that with a small amount of additional focused marketing, etc., we will be able to substantially increase their sales that they’ve been experiencing in this. We have the ability to cross-sell between Glofil and blood volume. And so in other words, the existing Glofil customers will be great for us to sell our blood volume systems, existing blood volume systems our customers that would also be natural targets for Glofil. So we think that there’s going to be really a substantial synergy between the new product that we’re bringing in and the existing products that we have. The terms of the deal are also quite favorable for Daxor. We will be working towards establishing the manufacturing of these products in our facility in tandem with Iso-Tex.
Once we take over the production of these products from Iso-Tex, Iso-Tex intends to cease producing them, they will not have the right to produce them further, that will become Daxor’s sole and exclusive product. Daxor has entered into a seller financing agreement with Iso-Tex Pharmaceuticals that allows Daxor to pay off in monthly installments over a two-year time period for the products in question. We have the option to pay for the acquisition in a mixture of stock and cash at our option. And we believe that the terms of the agreement are such that we will cash flow accretive on the deal from the first month of its inception. So this is going to be incrementally positive for our earnings from the beginning. It’s really sort of almost like a form of a buyout based upon revenues.
But in our case, it’s not based upon the revenues, gross revenues, it’s just based upon a minimum amount that we need in order to generate that number. We’ve looked at the run rate of our existing business plus the run rate of the existing customers that Iso-Tex has. We feel that this is going to be a net positive, as I said, from the first month. So that’s some of the details there. This is a really important thing that’s going on for Daxor right now. What we’re really seeing is the convergence of a number of different efforts here, taking the manufacture of our test kits in-house entirely along with the manufacturer of our devices means that the company has synergies from being vertically integrated. We have the ability to scale the business and to benefit from the economics of growing that business at scale.
And it means that we are strategically really well placed as an integrated platform around the technology. In other words, we’re controlling both these important drugs for fluid management, now GFR in addition to blood volume. And we have a leading technology around the most accurate and effective way to measure. So we’re very excited about how this folds in and the timing we feel is quite auspicious in relation to the launch of our next-generation analyzers, which as I’ve said, we anticipate we’ll have substantially more rapid and more comprehensive it will take. So with that having been covered, I would like to turn the questions. I would just like to say one final note, as I noted in our shareholder letter, we were sad to note the passing Mr. Jim Lombard, who is a Director of the company for many years.
He served on the board for two decades, and he passed away last October. He was a smart, dedicated and very loyal director. We extend our condolences to his family and appreciate the service that he gave over many years in the company. So with that being said, again, you can take questions you might have into the Q&A on the button that’s at the bottom of the screen that you have.
A – Michael Feldschuh: The revenue that we anticipate from the Glofil product should serve in and of itself to pay almost entirely for the acquisition of the two products themselves. In addition, the margin improvement from the bottom line will help us to fund the acquisition as well. So we’re going to be seeing probably a build-out of the Glofil product that will ramp up once we take on production of it, etc. I think that it’s a product that probably has the potential to be substantially larger than it is right now because Iso-Tex currently has no salespeople and no marketing effort behind the product, and it is capable of generating about seven figures of revenue a year with its current build-out, which means it’s not much of a platform.
So I think that this could be something that would be quite accretive to us. Another question around that was, will we be marketing this through third parties and will we be able to sell this through distributors. That’s an excellent question. We’re going to have to explore that. Certainly, Glofil is a product that has a lot of uses, including apparently in the pediatric market, and we’re going to explore more about that to see how we can improve the footprint of this. Let’s see. Skipping to the next question. Let’s see. Will Daxor be the sole source provider for all of these products that are being acquired and can we discuss the competitive landscape. So Daxor has the only FDA-cleared product that measures blood volume directly along with the associated patient norms.
And so we’ve been continuing to increase our lead there from measuring glomular filtration rate, I believe that there are one or two other products that exist in that space. But we — from our due diligence at Daxor team that Glofil is not only the most accurate of them, but it also might be the most convenient for people to obtain. So we’ll update the shareholders more as we become more familiar with all of the opportunity around this. But we think that it’s well positioned within the competitive landscape, especially for cross-selling, as we discussed earlier. The question was also given what costs will be incurred over the next six to nine months to bring this capability in-house and additional SG&A. So again, we’ll be able to manufacture both Glofil, Megatope and Volumex in-house with our existing facility.