Assuming CDY is getting a 20% margin then yesterdays $20m increase in CDY on the back of the announcement would mean CDY will have to do $100m in sales. If each unit is priced at say $5 then they will need to distribute 20m units. Considering there are plenty selling the same test and new ones being developed it may seem not possible imo
Ann: Cellmid Signs COVID-19 Rapid Diagnostic Supply Agreement, page-408
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