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To me this reads like Nanodx licensing a sensor from IBM. Hope...

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Obelix999

104 Posts.

32

15/07/21

10:06

Post #: 54516268
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Originally posted by Luka79: ↑

Not Entirely correct, the $18 million invested was from Shepherd Kaplan Krochuk, LLC (SKK), a diversified Wealth and Asset Management firm located in Boston, Massachusetts.

The article reads they are allowing IBM use of its "compatible" metal oxide sensors to enhance and expand accurate rapid testing for several indicators (including covid-19).

This looks to be an enhancement, not replacement. PURE wouldn't drop $500k into SE1, with non disclosures behind closed doors, with a redundant sensor under development. SE1 have been allocated funding already on FDA approval, this reads as a bonus tick in the box for expanding it, allowing it growth to being a proper point of care device that records and maintians databases and functionality.

Either way, expansion on this news shall be welcomed and remains exciting in my opinion.

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To me this reads like Nanodx licensing a sensor from IBM. Hope this is not the case. Warrants a clarification from Sensera if the report is true.

I agree with dpdebrec that a cost of $70 per test was a major hurdle. It's always hard for a small manufacturer like Sensera to compete with bulk scale competitors.

SE1 Price at posting: 3.9¢ Sentiment: None Disclosure: Held
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