PIQ 1.41% $1.05 proteomics international laboratories ltd

@Robot42The company has said royalty is 5% to 15% range but...

  1. 293 Posts.
    lightbulb Created with Sketch. 808
    @Robot42

    The company has said royalty is 5% to 15% range but Morgans who are the corporate advisor is stating 10% minimum.

    Also they are using a test price BASE case of US$150 but I heard it is more likely to be around the US$250 mark.. the test price will become public later this year after more insurers sign up and the price range is put on the US govt website. The larger players will pay a bit less and the smaller insurers will pay a higher price.. this is volume related .

    Expect more jurisdictions signed up in the near term and Richard has said they are looking to do some form of large deal for the Endometriosis test where a major global player may take it to market. Expect a much faster path to commercialisation for Endo than for DKD.

    Exciting times.
 
watchlist Created with Sketch. Add PIQ (ASX) to my watchlist
(20min delay)
Last
$1.05
Change
-0.015(1.41%)
Mkt cap ! $137.4M
Open High Low Value Volume
$1.05 $1.06 $1.02 $136.4K 131.7K

Buyers (Bids)

No. Vol. Price($)
1 2000 $1.04
 

Sellers (Offers)

Price($) Vol. No.
$1.07 443 1
View Market Depth
Last trade - 15.52pm 03/05/2024 (20 minute delay) ?
Last
$1.05
  Change
-0.015 ( 0.00 %)
Open High Low Volume
$1.05 $1.06 $1.03 34377
Last updated 15.52pm 03/05/2024 ?
PIQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.