thank you for sharing this. Your efforts are much appreciated.

First 29 Last

Share
Profile

Follow
energyraters

1,263 Posts.

251

07/05/24

07:59

Post #: 73695532
Share

Originally posted by FindMyBroker: ↑

I received some communication some time ago in respect of queries around the Hologic deal and FFN product. Here are the responses for interpretation:
Response 1 to a query I had:
This has really laid the foundations for long term revenue from conducting the next phases of the product development program, long term manufacturing contracts, new tests to add menu items (tests) to the reader that Hologic place in customer sites, and expansion of the IP agreement to provide an exclusive licence for the addition indications covered by the new menu items. Very frustrating that the market seems to have missed the significance of this. I guess we just have to keep working at communicating it better.

Response 2 to a query I had:
In terms of margins on sales, I believe that Lumos will not be paid any kind of royalty but will make money from a manufacturing margin for supplying the finished product that is sold. Worth noting, when a device is approved, it includes the place of manufacture so there is a real switching barrier which is why these medical device manufacturing contracts are so valuable - effectively annuity income.

I would guess (and this is a guess) that would be around 15-20% of the wholesale price which is typically 60% of the retail price. So if you worked off 7.5%-10% of sales, you should be in the ballpark. But this is a guess (educated guess but still a guess).I think people need to understand that the device for Hologic is built on the foundation of the Leelu reader and is expanded upon existing technology Hologic already use. They will likely incorporate further tests into the second generation platform for Hologic to use, hence the amount in the initial IP payment.

I would suggest that ongoing annuities from the platform will be generated and further development work obtains when new tests are established through the Leelu reader.

Febridx can be used through the Leelu reader also.

Expand

thank you for sharing this. Your efforts are much appreciated.

LDX Price at posting: 5.3¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

FWD

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

HAR

Termite mounds lead the way to 45ppm uranium for Haranga

OBM

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

There are more pages in this discussion • 50 more messages in this thread...

First 29 Last

Add LDX (ASX) to my watchlist

(20min delay)
Last 4.2¢		Change 0.000(0.00%)		Mkt cap ! $20.69M

Open	High	Low	Value	Volume
4.3¢	4.3¢	4.2¢	$27.80K	653.5K

Buyers (Bids)

No.	Vol.	Price($)
1	200000	4.2¢

Sellers (Offers)

Price($)	Vol.	No.
4.3¢	242995	2

View Market Depth

No.	Vol.	Price($)
2	312800	0.041
4	445001	0.040
1	39845	0.039
2	500000	0.038
2	66000	0.037

Price($)	Vol.	No.
0.043	92413	2
0.044	500000	2
0.045	534090	2
0.046	600000	2
0.047	518000	3

Last trade - 11.06am 11/07/2024 (20 minute delay)

LDX (ASX) Chart

thank you for sharing this. Your efforts are much appreciated.

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

Termite mounds lead the way to 45ppm uranium for Haranga

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

Canadian fieldwork yields multiple pegmatites for Trinex

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

thank you for sharing this. Your efforts are much appreciated.

Top Stories

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm

Termite mounds lead the way to 45ppm uranium for Haranga

Ora Banda sees FY26 gold output jumping to 150Koz/pa following key approval for Sand King

Canadian fieldwork yields multiple pegmatites for Trinex

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News