GMV 0.00% 3.9¢ g medical innovations holdings limited

IPO update, page-1072

  1. 514 Posts.
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    They aren’t making RATs. They are making home PCR kits. You capture your sample and mail it in for testing. More reliable than a RAT and means nobody has to queue for a PCR.

    So there is a profit from selling the kit, and then a rebate when the kit comes back for processing.
 
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