PIQ proteomics international laboratories ltd

Ann: PromarkerD kit version complete- commercial release imminent, page-35

  1. 2,540 Posts.
    lightbulb Created with Sketch. 746
    piq floated at 20 cents a few years back. At that time prokarker D had not yet been developed, or proven. Patents had not been issued.  Our only source of revenue was the analytical stream, however we were not near cash flow positive.


    Fast forward to today:


    Prokarker D has been proven as the world's only test to accurately detect the onset of diabetic kidney disease up to 4 years in advance. Yesterday PIQ released the promarker test kit, which enables laboratories worldwide to roll out the test to patients with ease. Commercial Rollout of this test kit is imenent. 


    Patents have been granted in major world markers for prokmarker D


    Commercial deals have been signed in Latin America, usa and Spain for the right to use prokmarker D, with PIQ to receive royalties for each test conducted 


    Our analytical sector is strong, with revenue from this stream alone nearing cash flow positive (when you remove r&d activities). This stream creates a great buffer, allowing us to continue with our R&D activities. 


    Research into other biomarkers looks promising


    we are sitting at 32.5 cents per share, and $26m market cap.


    So perhaps knowing the above (and I'm sure I've missed a few things) id like you to ask yourself the question that you raised. 


    CCheers,


    Al







 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
29.0¢
Change
0.000(0.00%)
Mkt cap ! $47.42M
Open High Low Value Volume
30.5¢ 30.5¢ 28.5¢ $187.1K 634.3K

Buyers (Bids)

No. Vol. Price($)
8 81754 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.0¢ 1000 1
View Market Depth
Last trade - 15.57pm 27/06/2025 (20 minute delay) ?
PIQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.