PIQ 5.31% 98.0¢ proteomics international laboratories ltd

News: PIQ Proteomics International Laboratories Launches PromarkerD In Spain Under Deal With Patia..., page-25

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    Have a look at Polynovo.
    Current market cap of about $1.4 B and five years ago the market cap was nothing.
    Their main burns product had sales of $9m last year with total revenue of $13m.
    Arguably, the market for Promoarker D is significantly higher than for burns treatments .
    PIQ needs actual sales and if using Promarker D becomes accepted practice for identification
    of kidney problems then we know the potential is extremely high.
    As an example, identifying Malaria in Tanzania is done by a simple pin prick to the finger test and it is about 83%
    accurate and it is the go to test used.
    Clearly, Promarker D is for a different market but it remains to be seen if it becomes accepted practice .
 
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