Ok, I'm just repeating myself from many many months ago, in fact more than a year ago as well.
Shareholders and prospective shareholders must know that CRC blood tests are not an alternative to Stool tests. They are adjunct to the Stool test. Patients that don't want to have a stool test have a far cleaner option as their first test. If there is an anomaly then its a stool test and then maybe colonoscopy.
No matter what posters say on here, it won't be cheap for patients to buy.
First need to get regulatory approval. (RHY has nothing, just that BS UK stamp of approval), same s with New Zealand.
They might have to conduct new clinical trials since its :the new and improved COLOSTAT". Let's call it "COLOSTAT PLUS" LMAO.
Then because it won't be cheap, would need to go through the steps for Insurers to take it on board.
Then for Medicare, then the Bureaucracy it would go through would likely take 5-10 years.
Marketing/selling........to doctors etc.
Click below for more information. Recent articles.
Don’t skip colonoscopy for new blood-based colon cancer screening, study concludes
How Do Novel CRC Blood Tests Fare Against Established Tests?
How can you compete with Guardant and Exact Sciences?
I don't care if it's DNA based or protein based. They do the same thing. Set up of equipment is nothing when we are talking about a multi billion dollar industry. It also doesn't matter how much it costs. Nobody as yet is able to produce a CRC test less than around $1,000. Just like colonoscopies, it will eventually be funded by insurers and likely medicare (but this will take ages).
Guardant Health Named to TIME’s List of the Best Inventions of 2024
Then there is Prevecol (protein based and FDA approved)
FDA Grants Breakthrough Device Designation to Amadix´s preventive screening blood test for Colorectal Cancer
Do some research FFS, Charts are FOS
As previous stated, RHY is a RESEARCH company. Di Baker Institute. Oh Puh-lease!!!
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