RE: Accustem valuation26 Oct 2020 22:06
I believe the $280 million valuation is conservative, mainly due to the fact there are no tangible sales.
As soon as this product starts to sell in Italy, then the UK and Europe the potential of Accustem is going to be realised and this will be reflected in the SP.
In comparison to the main competitor OncotypeDX which was valued at $2.8 billion, Accustem has been proved to be 40 per cent more effective.
For the patient shareholder, Accustem alone could be a $3 billion company within 3-4 years.