PIQ proteomics international laboratories ltd

Well, it's a start. A quick look at the balance sheet shows that...

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    Well, it's a start.

    A quick look at the balance sheet shows that outgoings are about $2.5m/q so they need to pull $10m a year to break even, after cost of manufacturing is taken out. Typically margins are ~66%, and you'd hope they'd priced things accordingly, so say $15m revenue a year is breakeven.

    On their blocky little map of milestones, the ProD commercial launch is marked as "Australia/EU" so let's see if the EU bit happens.
 
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