Decision Diagnostics Corp (DECN)

[Leirum]

By the way, on this EXPO in Spring, China was the Country of Honor.

http://view.pagetiger.com/ekspoMEDOzelGosterim/ShowPreviewEng

Guess who will be there as well in 2016. China

Well if so as some smart observer on another Forum observed, this Expo will cover a market for almost 2.5 Billion consumers.

DECN I would say understands that you must go global because the market is here and with the right pricing they certainly will challenge not only J&J but some other biggies as well.

Just to put into perspective of what we are talking about:

The global blood glucose monitoring devices market is expected to reach a value of $12.2 billion in 2017, with a predicted CAGR of 4.5% between 2010 and 2017. The blood glucose test strips market segment is expected to be valued at $10.9 billion in 2017 and is forecast to exhibit a CAGR of 4.6% between 2010 and 2017. High Prevalence of Diabetes is Leading to Patients Opting for Blood Glucose Monitoring Devices

I assume, that DECN will do what the biggies are doing already, give a new developed and well designed Monitoring Device away for free and go for the Strips market, estimated to reach 10.9 Billion in 2017. The world is open, they just have to penetrate it with the right Distributors on one Hand and on the other Hand through private Label deals. 1 % Market Share already would mean: 109 Mio Revenues or 20 Mio net Profit - but then in an open global market, 1 % can only be the start.