It also makes sense why it jumped to 17.5c so quickly after the FDA approval.
After 2 years from IPO and many millions spent to get it to this stage, a re-rate was inevitable.
Still early days, but if it's as good as advertised, the device could be seen in every hospital and every doctor's clinic where they want confidence in 10 minutes whether they should prescribe an antibiotic or antiviral.
LDX Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
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