A little about the LDX Hologic deal, which IMO is another significant aspect of the upside potential available with LDX.
A Bit About Hologic
Hologic is a US based global medical technology company with a particular focus on women's health. Hologic's Annual revenue for FY2024 was in excess of US 4 billion dollars. Hologic is a well funded, well known global med-tech company who has taken an interest in investing resources into LDX (as per below screenshot from recent LDX presentation).
LDX and Hologic
LDX has signed multiple service agreements worth multiple millions of dollars with Hologic for the development and adaptation of point-of-care (POC) testing devices.
LDX describes its partnership with Hologic as "strategic", which IMO indicates a strong and ongoing collaboration between LDX and Hologic (a multibillion dollar company).
As per second screenshot below (taken from recent LDX presentation) LDX also indicates an interest in developing its focus on women's health products. IMO, it is likely that we may see more multi-million dollar POC service agreements signed between Hologic and LDX under their "strategic relationship" and under their aligned focus on women's health.
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