Thursday, June 11, 2020 3:40:46 PM
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.
By the way N12 = Israeli's official broadcasting company.
https://www.mako.co.il/news-lifestyle/2020_q2/Article-12b11303cb36171026.htm
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