Thanks Probably. We know how this works from the PreviIsola deal with bioMerieux:
16/02/2007 Heads of Agreement
19/04/2007 Signs worldwide Licence Agreement
10/12/2008 Commercial launch of PreviIsola
So that took 22 months, 4 months longer than current news.
Reference Laboratory results are not a precursor to a Distribution Agreement. Brent could have chosen his words more carefully to cater for investors not savvy with the industry processes. Earlier Business Updates refer to April-November signing of Global Distribution Agreements. If that has changed he has to advise the ASX. He hasn't advised the Market, so I can only assume all the Milestones are on track.
GLTAH
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