RE: Global sales1 Apr 2022 11:47
AIHL is a unique product c/w proven high reliability and accuracy.
It has never been possible to rapidly perform the test in an emergency care situation before Genedrive's advancement.
So GDR could become global product leader unique in its kind standing pround above the rest of the market.
Worldwide market is stated appr. 7-9 million neonates per year.
Commercial revenue could be potentially a lot higher than 80 GBP per test, who knows. Especially when you can save multiples on alternative treatment methods in case of absence of any competitors.
Plus also:
There might be more than one test per patient required.
Like an additional validation test a certain time period later on - for full confirmation purposes.
Yes, this could be a one billion + pound market overall easily.