T2 Biosystems Inc (TTOO)

[BeamMeUpScotty]

Are you kidding my friend? This test makes all the others obsolete to use because the existing tests really could cost lives because they take so long to give the results.

The existing tests take at least 5 days. This test comes back with the results in 3-5 hours. Also using this test they don’t need to separate out anything like plasma or anything. All they need is 4ml of whole blood - meaning what comes out of your arm into the needle then into the test tube and only 4ml of it.

There’s approximately 350,000 Sepsis infections in the USA alone every year.

The US Government will subsidise the cost of the test for the first $97.50.

Also, the test already has the CE mark so it’s approved for use in the European Union. So that’s a population of 350m. Then the USA population is at least 320m last time I checked.

One debt holder has swapped $10m worth of debt for equity in the company and there’s a guy on StockTwits who between himself and the largest institutional investor has loaded up on another 10m shares today according to his posts.

Then they have a strong pipeline of other products as well.

But here’s the thing. Just remember this is a diagnostic test getting approved. It’s not a drug going through Phase I trials etc etc.

Just think about it. The FDA wouldn’t ever fast track anything unless it was already quite likely to get approved.

This is a blood test. All they need to do is prove it works with independent data to get the approval.

Well worth taking a look at the company website.

Also (almost forgot) the CEO is a survivor of a Sepsis infection himself and that is why he sought out the company. It took several days for his infection to be diagnosed and the correct treatment started for the antibiotic resistant infection that he had.