South Korea bought $250,000 of QFT last financial year just for research. South Korea has a population of around 50 million and has a worse TB incidence than Japan.
If Japan has a target market of about 11 million tests you would expect a target market of 4 to 5 million tests.
The Gulf states is a very interesting market that will open up in the next few years, they have a large overseas worker population more than 12 million who will be tested for TB upon arrival.
Sales for QFT world wide will be very good in the next quarter.
Cheers
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