Stats from WHO: * 1.1 million people died from diabetes in 2005 * 90% of diabetes sufferers have type 2 * Estimated to be 180 million type 2 sufferers * Expected to double by 2030
Here are some (really rough) figures based on successful trials: * 180 million sufferers * Say 5% become DIA customers = 9 million * At say $10 per month = $90 million pm = $1.08 billion pa revenue * Profit margin of say 50% = $540 million annual profit * At PE of say 10 = $5.4 billion * Versus market cap (not including options) of about $12 million
Some wild guesses but trying to get an idea of the possible upside. Thoughts on potential market / revenue / profits?
DIA Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
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