RE: $1500 per kit (PCR COVID-19)23 Feb 2020 19:33
Don't pharma's command P/E ratios of at least 15-20+? so we probably only need around £2-3m profit to justify based on the tests alone (not accounting for global scale growth potential and other aspects of the business)
Also pointless trying to estimate avg tests etc as demand is likely to be on a sharp trajectory upwards.....IMO it all comes down to the CFDA approval, then all bets are off