Think about this,
1.5 million Americans are diagnosed with diabetes every year.
Source: http://www.diabetes.org/diabetes-basics/statistics/
Let's assume $10 in royalty payments from lets say just 10% of the 1.5M diagnosed per year, that's revenue of $1.5M pa.
With 1.5M Americans diagnosed every year - I think it's fairly rational to conclude revenue generation is going to easily be in the millions.
At 20% that's $3M in royalty payments from the US alone. (PIQ average Opex from FY16 and FY17 has been $3M)
God knows what the actual royalty fee is but I would be hard pressed to believe its under $10.
With commercialization in the US, it's almost certain that Australia, Japan, Europe & China will follow in due time.
In my opinion this agreement solidifies PIQ's future and underpins a reoccurring revenue stream in the millions.
Let's not forget the Busselton Healthy Study using Promarker platform targeting COPD and asthma is due in 1-3months. - If we are lucky we could have a positive outcome here.
Couple this with the CPR Agreement and expected increase in sales from the analytical division - the future looks good PIQ holders.
- Forums
- ASX - By Stock
- PIQ
- Much More Detail Required
PIQ
proteomics international laboratories ltd
Add to My Watchlist
4.92%
!
29.0¢

Much More Detail Required, page-4
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
29.0¢ |
Change
-0.015(4.92%) |
Mkt cap ! $47.42M |
Open | High | Low | Value | Volume |
30.0¢ | 31.0¢ | 28.5¢ | $191.2K | 643.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 53694 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.0¢ | 51000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.300 |
2 | 70752 | 0.290 |
4 | 40643 | 0.280 |
5 | 147912 | 0.275 |
1 | 25000 | 0.270 |
Price($) | Vol. | No. |
---|---|---|
0.305 | 9000 | 1 |
0.310 | 51000 | 2 |
0.330 | 2000 | 1 |
0.345 | 1260 | 1 |
0.355 | 2498 | 1 |
Last trade - 15.36pm 26/06/2025 (20 minute delay) ? |
Featured News
PIQ (ASX) Chart |
The Watchlist
3DA
AMAERO LTD
Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
Previous Video
Next Video
SPONSORED BY The Market Online