InvestorsHub Logo
Followers 2
Posts 607
Boards Moderated 0
Alias Born 05/08/2020

Re: None

Monday, 06/15/2020 2:43:53 PM

Monday, June 15, 2020 2:43:53 PM

Post# of 16682
DHT- The only way a home test is going to pass FDA requirements is the results need to be read by a lab/ medical professional and the information is to be recorded in compliance with FDA/CDC. That is one of the reason Phosphorus Genomics got the FDA to approve there kit. But, then again, who's going to pay $299. Even at, $150 a test, you really think a nursing home is going to spend $150 per patient or spend $30 per patient with a finger prick blood test, results in 5 min. When there is something significantly cheaper and you get the exact same results in 5 minutes, your going to have some challenges. I'm sure any company that NNLX is trying to lure is also looking at the numbers and the market pricing. The only way you can control price is if your the only game in town. Once the results are the same, it will be about speed of results and price!!