UCM heads up, page-42

  1. 352 Posts.
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    The units are very expensive, and are an upgrade to existing technology. However, with governments and budgets across the globe under pressure it is HIGHLY unlikely that hospitals are racing to buy $100,000 units when current invasive technology can suffice and is cheaper. The pipeline will increase over time, and once the dust settles governments and healthcare systems will look to improve their infectious disease protocols and technology.

    We have seen almost a 100% increase in volume on the units sold already. While Rob says discussions are under way with multiple gov agencies - which may represent tender orders with multiple units, this is not going to be 1000's of units worth 10's of millions of dollars. Governments are stretched on every fiscal measure, propping up healthcare and equity markets, social support in Western countries etc.
 
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