Patience is what’s needed. Do the figures on the new pathway with the new CEO it’s much better. The old throwaway kits they had priced at $6500 from memory. Use them and in the bin they go, they were slower to use over 35 min to process and you needed a skilled operator. Recell GO no skills needed, easily to train someone, fully automatic so that time will be cut down and the pricing is exactly the same. The figure $2,000,000 per per kit for 300 patients equates to $6,666 so same price.
They seem to have a great deal of confidence with the GO as they are going to move there product into 24 more countries when it gets it approval, that will take time but future looking very good indeed. When it was down at $1.4 I took a plunge and purchased 9,000 more and now adding small lots of 200 when I can, cannot see anything else worth the risk.
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Patience is what’s needed. Do the figures on the new pathway...
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