Think about this,
1.5 million Americans are diagnosed with diabetes every year.
Source: http://www.diabetes.org/diabetes-basics/statistics/
Let's assume $10 in royalty payments from lets say just 10% of the 1.5M diagnosed per year, that's revenue of $1.5M pa.
With 1.5M Americans diagnosed every year - I think it's fairly rational to conclude revenue generation is going to easily be in the millions.
At 20% that's $3M in royalty payments from the US alone. (PIQ average Opex from FY16 and FY17 has been $3M)
God knows what the actual royalty fee is but I would be hard pressed to believe its under $10.
With commercialization in the US, it's almost certain that Australia, Japan, Europe & China will follow in due time.
In my opinion this agreement solidifies PIQ's future and underpins a reoccurring revenue stream in the millions.
Let's not forget the Busselton Healthy Study using Promarker platform targeting COPD and asthma is due in 1-3months. - If we are lucky we could have a positive outcome here.
Couple this with the CPR Agreement and expected increase in sales from the analytical division - the future looks good PIQ holders.
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Last
39.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $64.65M |
Open | High | Low | Value | Volume |
39.0¢ | 40.0¢ | 38.0¢ | $98.01K | 252.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9722 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 44999 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9722 | 0.380 |
1 | 1400 | 0.375 |
6 | 97160 | 0.370 |
1 | 10000 | 0.365 |
4 | 13174 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 44999 | 1 |
0.400 | 14573 | 2 |
0.410 | 100000 | 1 |
0.420 | 10000 | 1 |
0.430 | 20000 | 1 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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