Top line analysis from the SHTG Report -CYP2C1931 Oct 2024 19:37
I have went through the entire NHS Scotland report with a fine toothcomb and am now more confident than ever about the future of GDR - but don't take my word for it - read the document yourself.
Basically the Genedrive test trumps the Genomadix test on every measure of clinical accuracy and is also much more cost effective than it's closest rival.
The key comparisons:
- The GDR test would produce a cumulative cost saving for NHS Scotland of £18m over 5 years, whilst the Genomadix test would save £17.3%m over 5 years - WIN for GDR
- The GDR test would cost the NHS £1,172,875 in the first year, whilst the Genomadix test would cost £1,457,055. Importantly, the Genomadix test would be £254,180 more expensive in the first year - WIN for GDR
- The clinical indicators on sensitivity and specificity are much superior for GDR than Genomadix - WIN for GDR
- The failure rate for the GDR test is significantly lower, than that of Genomadix - WIN for GDR
So, £1.17m revenue from NHS Scotland alone if they fully adopt the test.
Add NHS England, Scotland, Wales, Northern Ireland - you do the maths!
Add Europe, America, and the rest of the world - get a bigger calculator.
£££££££££££££££££££££
GLA.
Stephen11.