Genedrive AIHL test....13 Nov 2020 11:10
I believe we are at the point now where we have two potential catalysts to SP growth - Covid testing and AIHL.
I expect news next week that formal AIHL test launch will be coming in a few weeks. If you do not know what the AIHL test is all about, then go and do some more research. Then ask yourself the question why hospitals will not rapidly be taking up the AIHL test across the UK, Europe and USA. It even saves money for health services - cochlear implants cost £50k, the AIHL test avoids this cost and has such a fantastic positive life-changing impact to newborns and their families.
Expected Market is at least 90k tests/year in just the UK, the USA and Europe market are each 5 times bigger. Genedrive anticipate earnings from this test to amount to £40-£65m per year. So earnings per year for Genedrive from the AIHL test could be nearly twice today's Mcap. Just on AIHL test alone the Mcap can go many multiples of where the SP is now.
I believe the annual earnings from just the UK alone supports the current Gendrive Mcap. This is without any impact from AIHL sales from Europe and USA nor any future HCV and USA DoD test sales, and absolutely no reliance on Covid sales. Covid sales will be icing on the cake for Genedrive but Genedrive is not reliant on Covid sales to drive company growth.
Keys are in the ignition for AIHL.....