SBN 0.00% 0.0¢ sun biomedical limited

Well done Tim,As we are not selling the units only the membranes...

  1. SSV
    1,145 Posts.
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    Well done Tim,

    As we are not selling the units only the membranes it should not be showing in the qtrs sales units.

    It would be good if people read the update before posting on hotcopper.


    Step Anticipated orders Expected timing
    1. Commencement of MPS field trials
    20,000 unit order has been received
    by SBL
    December 2008
    2. Completion of MPS field trials and
    receipt of trial reports from cities
    Further 40,000 to 60,000 units for
    completion of trials
    End of March 2009
    3. Application for final product
    approval
    None though some trial sales may
    continue during the approval period
    Second half of CY
    2009
    Under the agreement with Siyi, SBL supplies the OraLine detection strips to Siyi, and, in the early
    stages, also provides assistance to Siyi regarding the manufacture of the finished products through
    OEM contracts. SBL earns its revenue and profits from the sale of the strips as the product housings
    are sourced separately by Siyi.
 
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