InvestorsHub Logo
Followers 4
Posts 625
Boards Moderated 0
Alias Born 03/08/2004

Re: None

Monday, 08/09/2004 5:20:19 PM

Monday, August 09, 2004 5:20:19 PM

Post# of 202
flavius...

In today's news release there is a paragraph that addresses quantity of tests and the size of the market.

Current HIV/AIDS Testing

A May 2004 report by the Global Business Coalition on HIV/AIDS (GBC), based on their own estimates and that of the World Health Organization (WHO), disclosed that less than 10% of infected individuals in the developing world know their HIV status. According to the report, new infections are on the rise, and only 400,000 of the 6 million people in need of antiretroviral therapy have access to these life saving medicines. Testing for HIV serves as an entry point for both prevention and treatment. The objective of treating 3,000,000 people by the end of 2005, the stated goal of the WHO "3 by 5" Initiative, would require that 500,000 people will need to be tested each day.

The WHO wants to "treat" 3M by 2005. I was thinking they wanted to "test" not "treat".

It looks like they have a far bigger market than I was thinking.

500,000 people tested each day is huge, that's 182M per year.

That's only the WHO, that doesn't include the countries that can afford to buy the tests themselves.

I know we won't get the whole amount but we might get the lions share of it.
After all, we have the least expensive tests on the market.



sower

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.