I am very confident with the future of ADO - short, medium and long. Just out of interest googled " Global IVD Companies" quintainconsulting.com.au/.../OVERVIEW_OF_IVD_INDUSTRY-Summary-Jan-2011.pdf
Some parts I found informative
GLOBAL IVD MARKET The IVD industry responded to the global financial crisis by developing innovative technologies and approaches; digital pathology, multiplex assays, automation and test service commercialization. Trends to the increased use of biomarkers and molecular approaches to testing have been seen, with the latest estimate of the size of the global IVD market in terms of revenues is $44.3 billion and is estimated to continue to grow at a rate of 6% for the next 5 years with certain segments and territories estimated to grow significantly faster.
Detection Technologies. While optical detection technologies have become customary (ranging from absorbance to various means of fluorometry to chemiluminescence), they inevitably become more expensive as sensitivity increases. Alternative detection technologies such as impedance measurement and electromagnetic detection of binding events using magnetic beads are emerging, which appear to offer much promise at reduced costs
ADO Price at posting:
7.0¢ Sentiment: Buy Disclosure: Held
