Agree. I could understand if it was the small ones grouping together to get scale, but given it is the 4 largest, why don't all the small ones join so they benefit from efficiency of scale.
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Hancocks,
Atta boy!!
thats for 100% of the local market - a story for next.....month......
Nice announcement, but:
I think the word considered means that the sale of tests to the extent some people are anticipating is, at best, going to take time.Quote:
...As a result of the agreement Cxbladder will be considered for use to evaluate
patients presenting with haematuria...
Best Wishes
Paper Tiger
One can’t force a physician do anything, but procedures and guidelines will follow now, and there is no reason why the processes established during the user group programmes should not just roll over and become routine practice pretty much straight away.
It’s pleasing though Paper Tiger to see traders doing some analysis don’t you think.
So what are the procedures and guidelines?
Do a CxBladder test for everybody who has blood in the urine/suspected of BC?
Do a CxBladder test for that smaller group who meet these criteria?
Do not use as we do not have the funds to justify the cost/benefit analysis?
Best Wishes
Paper Tiger
Obviously a positive announcement today. I'm buoyed by the regulative nature of the announcement and consequences for promoting this on a bigger scale in other markets. If the test becomes protocol within governmental run establishments then we have a true "moat" quality to the product on two terms, IP and protocol/regimes. that's important in New Zealand. I still believe uptake of this test will be slower than any traders wish it to be. Large sales will be factored into the share price well before we see any such sales eventuate. This will cause wild share price fluctuations, all of which will have no effect on my current positive view of the company.
The work up costs are reduced for the DHB's by one third through the application of Cxbladder which should in itself help DHB management move on it.
One would expect the procedural outline to look similar if not the same to that below which I understand was developed by Pacific Edge closely in consultation with Urologists and the DHB's;
So yes it would seem likely that any poor unfortunate presenting with haematuria should receive at least one Cxbladder test, up to seven if they, heaven forbid, have cancer.
Attachment 5445
Thanks for the piccy MAC. Seem to have missed that