The numbers on test validation are all there in black & white on what these tests actually measure, the capability of prediction of DKD/CKD & hence their efficacy & usefulness clinically.
Don’t forget that Janssen have a collaboration with the National Kidney Foundation (Not for Profit peak body of Kidney Disease in the USA) for enhancement in testing for DKD/CKD, especially in the many millions of people, yet to discover they have it, or are at risk. They are collaborating with Govt Health & the Medical Profession.
You can read for yourself here on some recent data collected & obviously this is going to raise public health awareness of the disease & risks & the serious potential outcomes:
Thanks so much for sharing your research efforts Eqz. $50-$100 for a Medicare funded test is really not a lot to spend on its predictive value to save billions, in millions of patients. I hope these brokers have done their homework & also looked at the AI test as well, what it is reliant on (databanks & EMR) the biomarkers it is using & the PPV values in the top 15% of ar risk patients, it’s over 50%. Plus the cost of the test $950 USD...it’s not just the cost!
We are looking at a Global epidemic here. Not every country will have an EMR set up. Go have a look at your own, or your kids My Health Record under MyGOV, there will probably be zero there unless you or your kids have chronic & complex health issues. It’s still in the process.
We are due news THIS MONTH on Janssen collaboration. I haven’t even had time to look at my phone today, or be worried about COVID19 or this stock or any other & have been in a place all day that you know you could well get it. My sincerest condolences to the poor man & his family that died of COVID19 in Perth in an ICU. That would have been so awful & non infected family members speaking through an isolation window & no hugs allowed, for their own protection.
The bear at the picnic table was too cute. Lovely table manners too. I think we are all in the same boat, our life savings etc. It’s a matter of personal concern what you do about your investments, but I haven’t held on all this time to let one shitty little respiratory virus & all the click bait media ruin this.
What’s concerning is this will coincide with our flu season here in Australia. Get your flu shots as soon as recommended (advice). With all the around the clock work by multiple Pharmas & Biotechs, Human testing of vaccines imminent if not already. It will be knocked on the head, it’s just a matter of when.
Also, another thought is our $AUD value. Great time to buy out Aussie biotechs on our dollar value. Maybe a win win situation for big Pharmas, still some very hefty deals coming through lately (still).
Best wishes, make your own decisions .
PIQ Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
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