As I have said, it looks like DRIO is a slow launch right now.
They are doing the test marketing build.
This is not quite where I had expected their device acceptance (commercial) status to be right now.
Its not 'build-it-and-they-will-come' automatic relationship.
Even though the blood diabetes device is not such a whiz-bang launch right at this time, the possibilities for other devices is there. I will just hold now.
Reading info from the prospectus, leads me to think they possibly are manufacturing their devices in (A)Israel, (B) EU, (C) USA, (D) India, (E) Canada. Why Canada is included? Fox Conn (Asian IT manufacturer) is opening a manufacturing site there and has one in Mexico . . . if I remember correctly. (C) and (E) sites make more sense to me geo-politically . . . reader can be dropped shipped by air freight rather cheaply.
I could be wildly wrong on above speculation.
Anyone own one who might can tell us what the box has printed on it, as Made-in X?
More private placement DRIO funding seems likely . . . than more R/Split.
To me, right now looking at this, I would bet we get some grant or order from USA source for future bodily fluid readers development. <----that's the path to FDA
Approval in 2014 or 2015. We should be thinking of an Ebola reader device or for some common infectious disease? And, why not pick a state that needs help medically monitoring its new citizens? Calif. or New York . . . might be such states? Both are very favorable towards Israel Company. Great sites to start a Made-In-USA manufacturing facility, coupled to state tax credits.
