I think many people forget we need a Reader to interpret the results, what does one reader from Axxin cost?
My belief, is we have a distributor keen for the product but the complete package - test strips and reader. I suspect about $8 millions dollars or thereabouts.
I'm hoping that its the British government that want the complete product for schools, etc..., to perform X number of tests per day ($8 miliion may be to provide for one region definitely not the whole country).
Or another possibility is IATA for airports, don't know which one I like the thought of more?
It is standard practice in health for the consumable provider (where the money is) to also provide the equipment which is an expensive one off purchase. if the complete package is going to health services we are very well placed for sepsis, flu, troponin...
$8 million for ax in to produce readers is money well spent in my opinion, $4million to keep SH happy and fund the battery division...
very happy SH if this is the scenario that eventuates.
(20min delay)