Hi guys. thought I would create a thread for discussing the future growth and opportunities for the company.
Has anyone done any numbers on the potential revenue/earnings? I'm in it for the AI Clinical trial prediction tool more so than the recruiting and services. However, I'm just guessing the numbers at this stage, as little detail has been provided. Wanted to see if other people are on the same page.
Opportunity seems big. Say 20k clinical trials a year, and we can capture 5% in a few years = 1000 trials
1000 trials x $20,000 fee = $20 million
or another example could be 500 trials x $40,000 fee = $20 million
In one interview Michelle gave she said one company is already trailing the AI clinical prediction tool, and they are paying a small fee "under $20,000" which suggest we may charge a higher fee.
Fee could be much higher, I mean how much would you pay for a crystal ball? especially if your clinical trial costs 20 million, you would jump at any opportunity to de-risk your trial.
This wouldn't be restricted to just clinical trials either, governments, and non profits may have uses for it.
Any thoughts appreciated.
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pathkey.ai ltd
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