PIQ proteomics international laboratories ltd

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  1. Eqz
    3,915 Posts.
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    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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