A little perplexed why LDX has a $177m MC versus Atomo at $77m when we are the maker of their product. The future to post covid lockdowns is rapid test devices (RTD's) for critical front line workers, teachers, plane travellers, office workers etc etc. The cost of a pcr test is $100-140 versus RTD at ~$20-30. We can see why the pathology labs want to aggressively discredit RTD's as they have a monopoly in a pandemic and post pandemic world.
PCR takes longer to give the result
RTD takes 10-15min
Accurancy is maybe 1-2% difference for 70-80% less cost and speed of result
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A little perplexed why LDX has a $177m MC versus Atomo at $77m...
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