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4.76% 2.2¢ anteotech ltd

Here's the comment from biomerieux in the latest operating...

  1. Maddoc
    811 Posts.
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    26/04/14
    08:56
    Post #: 13286893
    Here's the comment from biomerieux in the latest operating report...


    Partnership with Philips in automated Point-of-Care (POC)
    At the end of March, given the challenges that bioMérieux sees in developing troponin solutions delivering comparable performance to central laboratory analyzers, the Company decided not to pursue its collaboration with Philips aimed at developing a fully automated handheld diagnostic testing solutions for hospital use that can be deployed at the point-of-care - i.e. close to the patient.

    Full report here:
    http://www.biomerieux.com/sites/corporate/files/news-event-press-release/pr_biomerieux_sales_q1_2014_en.pdf

    presumably they couldn't get the POC to perform better (or same) as lab equipment... enter ADO!

    ADO Price at posting: 21.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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