What hype? This thing has been severely un-hyped. The announcement today confirmed revenue received as previously indicated it would be a couple weeks ago. You see stocks like AT1 and other med stocks pump 30% on news of $1.3M revenues from the AUS government and the like, yet LDX had secured a $15M USD initial deal (plus annuities) and no one bats an eyelid. Next payment of $600K USD to show they can incorporate existing tech into an existing reader. Following payment is for $3.7M USD to show the reader can be linked to a digital readout via prototype. Hologic will be the ones who are required to then seek approvals, distribution etc of the tech from which LDX obtain annuities for.
What hype? This thing has been severely un-hyped. The...
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