You know,the adoption rate here is pretty good.I was attempting a little motley fool analysis on some placement numbers and they look alright.Please correct me if I am wrong and I do not know how many placements are pure hospitals,or if testing also takes place at other clinics?
Nanosphere has roughly 330 placements to date.Total number of hospitals in the USA is about 5,600.That is 6% placement in the USA TODAY.If every placement was up and using the V system with Nanospheres total current offerings($250,000 per.?!) it would be about $83 million in growing margin revenues.Considering a $6.3 million increase in consumable revenues in 2015 with a OLD system. $21 million in 2015 revenues is gaining a LOT of steam.The problem must have been with adoption,ease of use because the placements are strong imo.The placements should be sticky with the new system and really explode with current customers per revenue imo.Considering the total Growing market size for Nanospheres tests,and I assume the roughly $1 Billion dollar is just the USA,it is shaping up nicely.With a more user friendly V system and why not? Customers helped design it.
Anyhoo,it looks Purdy good.Try to get testing in India.I read if you test sepsis there,it just lights up bright Gold and you rush them into the ER.Clean the streets India!
side note- I will not talk about my metal holdings anymore,unless they run and need shouting.I am a buyer,but One does not shout from the treetops what one holds in the stump:) I wish the Dollar the best,but fix the problems or metals will go really really high.
