Sorrento Therapeutics Inc (SRNE)

[Digra Ive]

Exclusively for you guys !!
Translated from Hebrew. Here is in Israel, the cost of kit is about 140 ILS which is sold for minimum 8 kits. 140 ILS = $40 approximately.
If SRNE gets FDA OK there will be Woo.....
And now do your math because there will be high demand for their product and definitely price per Kit will increase. just imagine, if you sell kits for market like Israel your revenue will exceed current quarterly results by 2 digit numbers and definitely drive PPS high.
Please look at a date this interview was published. Number of cases is continuing to grow. I strongly believe that demand has been growing too and price of kit stay the same or was driven higher.

Enjoy reading. Use "Hebrew -to- English" translator to read the whole interview.

Seller: "This is a test manufactured in China, a drug-producing and full-fledged plant. There is FDA approval for testing."

Last week, we sent in Elad in Europe that Mehoff succeeded in obtaining one such test and tested himself on the broadcast, and after ten minutes the results were obtained (the test came out negative). In the United Kingdom, the cost for one test is $ 6 (about NIS 21), compared to the exorbitant price demanded by Israeli marketers - NIS 140 per unit.

By the way N12 = Israeli's official broadcasting company.

https://www.mako.co.il/news-lifestyle/2020_q2/Article-12b11303cb36171026.htm