ADO 0.00% 2.1¢ anteotech ltd

The final kms of the marathon, page-8

  1. 8,908 Posts.
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    Excellent work as always Captain

    Some interesting comments from David at the AGM re: Life Sciences and why we weren't gaining traction in the market place:

    David said that by offering AnteoBind at a lower price point, a lot more companies are now interested due to the cost savings,

    If a test is already 99.99% accurate, then there was no point paying a premium for AnteoBind's sensitivity, but when AnteoBind is offered at a lower price point, the manufacturer can make the test a lot cheaper by using 90% less antibody.
    Antibody is the most expensive component of a POC test. I expect to see (finally) some meaningful life science deals drop in 2024.

    2024 the year of ADO.
 
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