They're probably a longer term threat to PEB. That, a 100% accurate test or a cure for cancer.
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This could well be a very helpful new technology however I think there might be a problem in obtaining samples in an everyday environment.
The equivalent in PEBs case would involve the patient being required to travel to Dunedin or Hummelstown to pee into the machine for analysis.
This could well be considered inconvenient and expensive as well as a tad insanitary.
Guess it depends on how much the machine costs.They did say it was portable as well.
It would have to be compared to other medical equipment for an average hospital.
Id be surprised if they had'nt worked out the issue in term of sanitation (when you look at what they have accomplished)
Its probably a future consideration (but that may still affect long term contract decisions)
On another subject---Its looking like they will waist no time dismantling Obamacare..but replacing it will take some time.
I suppose the whole process could be considered breathtakingly expensive.
Get the salt cellars out boys.
ODT is at it again
https://www.odt.co.nz/business/repea...k-pacific-edge
Even a minimum of research will show this to contain misinformation, as usual.
Here are a couple of links if anyone is interested in comparing notes.
http://www.gilead.com/about
https://www.shire.com/
Neither of these appear to be competition as far as pipelines go.
They are more into drugs rather than diagnostics.
Very poorly researched article based on very poorly researched comments IMHO
The rest is basically a regurgitation of known facts.
Oops - broker effectively telling their clients to get out.
"The Dunedin company risked having its technology and products superseded by a better form of diagnostic tool, he said.
Another concern for Pacific Edge investors was the likelihood of further capital raising. The company burned through about $15million in cash a year and the latest balance sheet showed cash and reserves of about $14million.
The company had a target of $100million in revenue by 2019 but was well behind in delivering on that goal.
''For them to really gain traction, they have to prove a significant uplift in revenue while maintaining costs. If they go back to shareholders to raise capital, which is a distinct possibility, there will be some resistance."
I think the big danger is many things being put on hold until the dust settles--Some even say the Medicare(as we know it) is under threat--those Republicans sure dont care about everyday people--They imo are a heartless bunch.
what they replace it with? Who knows ,it may be better,but thats still painful if it means long delays.--Guess we will know more in the next months.
PS.--just looking through the wifes feeds on FB (shes interested in health) Wow! cancer is already cured! just eat this ,or that (about 10 choices) gotta love it....(Ive also seen enough kitty cat videos to last the rest of the year!):)