RE: Strong12 Jan 2025 17:56
I've got to give it to you Daniel (and I can see you're on advfn doing the same too), for a newbie ramper you're certainly giving it some.
But obviously not conversant with the overall picture.
Even with a JV , as you call it, and CLAI, the revenues by Ciz-bio's own figures are a paltry $30million by year 3.
And you state the test is "95% effective in diagnosing lung cancer".
Actually if you take into account the false positives , it's way less than this.
In fact, the raw data (which you obviously know nothing about) at the last airing , gave a best 'accuracy' of 51%.
But there has been discussions on here on how the test may have been modified to give better results.
And I certainly concur that with CLAI accreditation RNS , the share price should get a big boost, especially if they link this with some sort of launch in China.