PIQ proteomics international laboratories ltd

I am liking what I read about ZOTAL -ZOTAL are the exclusive...

  1. Eqz
    3,928 Posts.
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    I am liking what I read about ZOTAL -

    ZOTAL are the exclusive distributor in Israel for the Zymo Research group who just recently secured CE Mark approval for their SARS-CoV-2 Multiplex Kit:
    https://www.nsmedicaldevices.com/news/zymo-research-quick/
    https://www.zymoresearch.com/blogs/press-releases/zymo-research-obtains-ce-ivd-mark-for-its-quick-sars-cov-2-multiplex-kit


    Sienna Cancer Diagnostics (since merged with BARD1, ASX: BD1) also partnered with ZOTAL back in May for a bladder cancer diagnostic test.
    https://www.asx.com.au/asxpdf/20200521/pdf/44j0272pvkmjq2.pdf
    https://themarketherald.com.au/sienna-cancer-diagnostics-asxsdx-chooses-zotal-to-distribute-its-htert-device-in-israel-2020-05-21/


    https://hotcopper.com.au/data/attachments/2645/2645141-9c86a575baedc5aa4218221ead291279.jpg

    From their LinkedIn Page:

    https://hotcopper.com.au/data/attachments/2645/2645142-10168981a838645efe1061f3347bad87.jpg

    Looks like these guys are the right group to carry PromarkerD forward.

    Yes big dump from some holders today, perhaps not interested to wait it out any further. I can appreciate that, it is indeed getting a bit frustrating and the lack of news about US efforts is quite disappointing.

    RE the post on competition (KidneyIntelX) - they are much further advanced than PIQ in the US but their test is not as accurate as PD.
    KidneyIntelX 3,000 cohort study PPV >50% compared to PromarkerD 3,000 cohort study PPV was 74%.

    https://hotcopper.com.au/data/attachments/2645/2645157-0bb07b175e8d206f39e49fe522f6911c.jpg
    https://www.londonstockexchange.com/news-article/RENX/positive-interim-results-for-validation-study/14140924

    Also strange their FDA submission was based on the 1,100 cohort study with slightly higher PPV of 62%

    https://hotcopper.com.au/data/attachments/2645/2645168-c852e6c58a8af997581977b0435d3838.jpg

    https://www.medrxiv.org/content/10.1101/2020.06.01.20119552v1

    Not only do they have a test that is not as accurate as PromarkerD they are also more expensive $950 vs PromarkerD ~$50-150 USD.
    They also have no presence outside of the US or CE Mark approval.

    So from where I am standing, PIQ is out in front and is the horse I am backing.

    As others have said, once we start seeing actual revenue from PromarkerD in our quarterly's we will see significant re-rate.
    Fingers crossed Richard and his team don't drop the ball and get carried away in the science of it all and stay focused on the business objectives.
    Last edited by Eqz: 12/11/20
 
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