And furthermore,
NICE conclusion states "long-term cost savings would be materialised only if adopting the test reduces the number of people who need end-stage renal failure treatments."
Now look what MSAC said:
"MSAC noted that the applicant also agreed to removing the retesting suggestions for people with moderate- or high-risk scores. Retesting would now be restricted to patients assessed as low-risk of developing DKD by the test and their retesting interval would be restricted to a minimum of four years."
Read that carefully, NICE said it would only save costs if it reduced the number of people who need end-stage renal failure, and then PIQ agreed with MSAC that they need to re-model their economic study to only test low risk patients.
There are so many inconsistencies with PromarkerD, you have Richard spinning marketing BS about 86% accuracy and high PPV but when you look at the clinical results from each of the studies, the PPV has widely different from 34% in one study to 74% in another. The underlying issue with PromarkerD is obvious - they need REAL WORLD clinical data and this is where Sonic will probably play a part. Sonic will provide the infrastructure to recruit and do a study to collect real world clinical data. This would explain why FDA submission has fallen by the way side. But the problem here is the patent expires in 2031!
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PIQ
proteomics international laboratories ltd
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And furthermore, NICE conclusion states "long-term cost savings...
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Last
36.5¢ |
Change
-0.010(2.67%) |
Mkt cap ! $59.68M |
Open | High | Low | Value | Volume |
37.5¢ | 37.5¢ | 36.0¢ | $41.74K | 113.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 17814 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 95239 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 17814 | 0.365 |
9 | 99975 | 0.360 |
1 | 81739 | 0.355 |
6 | 80549 | 0.350 |
1 | 2000 | 0.340 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 95239 | 2 |
0.375 | 2498 | 1 |
0.380 | 20000 | 1 |
0.385 | 19500 | 1 |
0.395 | 45000 | 1 |
Last trade - 15.57pm 18/06/2025 (20 minute delay) ? |
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