Endra Life Sciences Inc (NDRA)

[apollo1452]

Echosens (French) has sold more than 3,500 FibroScan systems for liver disease diagnostics including over 1,000 in North America.

"The cost of a FibroScan® will depend on the provider you use, your geographical location and your health insurance provider, and based on these factors, the costs, from what we read online and doctor’s offices we talked to, could range from $200 to more than $425+ for just the test, with the EQUIPMENT RETAILING FOR AS MUCH AS $130,000+ FOR THE PROVIDERS. The price can increase as you add additional testing such as blood tests and the consultation fee. When all of these factors are considered, your total bill, without insurance, can easily surpass $600+."

NDRA's TAEUS system detects liver disease 2 full stages sooner than FibroScan & will retail for $40,000-$50,000 each.

$40,000 x 3,500 systems = $140,000,000...$50,000 x 3,500 systems = $175,000,000...now that's something for the bears to chew on with NDRA's current market cap at only $13 Million...

"FibroScan uses what’s known as “shear waves,” which are able to measure the elasticity of the liver using a technology known as Vibration-Controlled Transient Elastography (VCTE™). As these shear waves pass through your liver, it is affected by the amount of scarring in the liver (fibrosis) and is then interpreted to help your doctor understand the stage of fibrosis, with a stiffer liver meaning a more severe fibrosis."

TAEUS technology blows this away especially when considering price!