Sorrento Therapeutics Inc (SRNE): I can only guess at the annual revenue f...

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dia76ca

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Thursday, 06/11/2020 11:30:53 PM

Thursday, June 11, 2020 11:30:53 PM

I can only guess at the annual revenue from COVI-TRACK . Some posters have said that comparable tests sell for $115 each. If COVI-TRACK sold for $60 a unit the annual revenue would be $3.6 billion a year. And if a unit sold for $100 the annual revenue would be $6 billion a year. Of course, that is based on the current production capacity of 5 million units a month . If the demand is high monthly production could be expected to increase. In other words the financial potential of COVI-TRACK is significant. And some think approval is days away. Tomorrow? Next week ?

"The refusal of the real is the number one dogma of our time" Rene Girard

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