LBT 0.00% 1.4¢ lbt innovations limited

woundvue and competition, page-8

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    @pistolstar there was also some discussion a month or so ago on the PhenoMATRIX system. I spoke to a friend of mine that is a medical scientist involved in this space, his comments (note: just his opinion, not advice) in relation to PhenoMATRIX was:

    - they have a similar marketing message to APAS, but can not find any empirical evidence that the technology works at this stage
    - they claim to be an image analysis solution, not an instrument
    - customers have to buy the full WASPLab automation line to get access to what they claim. It is NOT a standalone instrument, so completely different to APAS
    - they are NOT received FDA clearance and have been no clinical trials
    - someone has to 'release' samples from the system so requires human intervention. APAS is completely automated
    - cannot find any data to support whether PhenoMATRIX can perform enumeration

    There no doubt will be a number of possible entrants to this space, but quite clearly LBT (through APAS) has a good head start on the competition, and first to market is pretty critical.
 
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