Source 1: https://www.sciencedirect.com/science/article/pii/S2405844024172945
Source 2: https://idf.org/our-network/regions-and-members/western-pacific/members/indonesia/
Source 3: https://www.sahealth.sa.gov.au/wps/wcm/connect/00478589-52f4-44ac-8fee-72aedb088cfa/Clinical_Guideline_Diabetic_Foot%2BInfections_Antibiotic_Management_v1.0_.pdf?MOD=AJPERES&CACHEID=ROOTWORKSPACE-00478589-52f4-44ac-8fee-72aedb088cfa-p4bFZXH
Source 4: https://woundsinternational.com/wp-content/uploads/2023/05/WINT-14-1_16-23_young.pdf
STEP 1 –Prevalence
1. Total cost of “drugs and medical supplies” for non-amputation DFI’s in Indonesia - 1600 AUD per patient (Source 1)
2. Prevalence of Diabetes in Indonesia - 20Million persons (Source 2)
3. Annual instance of DFU- 2%
DFU’s that become DFI’s 50%
200,000 DFI’s per year (Source 3 & 4- Based on Australian data)Indonesia annual spend on DFI drug and medical supplies – 320 million AUD
STEP 2 - Price
Drug and medical supplies used in hospital treatment of DFI’s
1. Antibiotics
2. Topical antimicrobials
3. Wound care supplies
4. Pain management
5. Blood Glucose control
This is the speculative part. I was unable to find the breakdown of costs or the price the Indonesia government is charged for antibiotics. However, I think it is reasonable to assume it is as large portion. Let’s say Recce can receive between 100-500 dollars per patient.
STEP 3 –Market Share
Year
Typical Market Share (General Range)
1 Year 1
0.5% – 5% (slow uptake unless a major breakthrough)
2 Year 2–3
5% – 15% (if adopted steadily and supported by guidelines/marketing)
3 Year 4–5
15% – 30%+ (if it becomes a standard of care or widely prescribed)
Source: ChatGPT analysis of several journal articles
STEP 4 -ConclusionRevenue = (Prevalence/Market share) x Price
Revenue range
·Year 1- 100,000 AUD - 5,000,000 AUD
·Year 2-3- 1,000,000 AUD - 15,000,000 AUD
·Year 4-5- 3,000,000 AUD - 30,000,000AUD+
Apologies if there are any errors, I did this at work. I wanted to sort out once and for all, what kind of revenue prospects Recce 327 has in Indonesia. I am happy to say some of my previous criticisms are incorrect, I can see a path to a decent revenue stream all be it after several years. This is all predicated on the success of 327 and performance above current standard care. DYOR IMO
- Forums
- ASX - By Stock
- RCE 327 - DFI Revenue analysis
RCE
recce pharmaceuticals ltd
Add to My Watchlist
9.33%
!
41.0¢

Source 1:...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
41.0¢ |
Change
0.035(9.33%) |
Mkt cap ! $118.5M |
Open | High | Low | Value | Volume |
38.0¢ | 41.5¢ | 38.0¢ | $77.51K | 190.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | 40.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
41.0¢ | 15479 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1250 | 0.400 |
2 | 35531 | 0.380 |
2 | 109999 | 0.375 |
1 | 25000 | 0.370 |
5 | 103389 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.410 | 15479 | 1 |
0.415 | 3458 | 1 |
0.430 | 30000 | 1 |
0.440 | 58669 | 3 |
0.450 | 135043 | 5 |
Last trade - 16.10pm 11/08/2025 (20 minute delay) ? |
Featured News
RCE (ASX) Chart |
The Watchlist
WIN
WIN METALS LTD
Steve Norregard, CEO & MD
Steve Norregard
CEO & MD
SPONSORED BY The Market Online