re: looking like fun - up 8%
This is very significant. Americans going overseas get vaccinated against Hep A. This costs a couple of hundred dollars, yet 30% of them don't need to be vaccinated because they already have the antibodies.
The problem - no way of finding out if you have it or not - until now.
This new diagnostic will tell if you have the antibodies with a simple finger prik 2 minute test and avoid the costly vaccination. Ie huge market.
What makes this more significant is that it helps spur on a bidding war between the 6 or 7 companies looking at the Hep A deal with Select Vaccines. This deal, as indicated, is only month(s) away. So Select is in a very strong negotiating position for up front payments and royalties.
Good luck everyone!
SLT Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held