LDX lumos diagnostics holdings limited
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There are only about a dozen or so FDA approved rapid Flu tests...

  1. Istina
    1,067 Posts.
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    13/09/23
    15:47
    Post #: 69843542
    There are only about a dozen or so FDA approved rapid Flu tests in the US at the moment.

    So lets say LDX could get roughly 5% of the market then that would still be somewhere around $100 billion USD a year in annual revenue.

    Even at a fraction of that it brings in another revenue stream helping with the Lumos bottom line and cash flow.

    Rapid Influenza Diagnostic Tests (RIDTs) | CDC
    Last edited by Istina: 13/09/23
    LDX Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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