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Wednesday, March 27, 2024 10:06:55 PM
AXIM is generating revenue right now. Revenue seems to be growing every month. Apparently the CLIA Waiver Applications for the existing tests have not been submitted to the FDA yet. There is some type of process that needs to be followed to fill out the Waiver Application and also comparison studies with tests that are already have Approved CLIA Waivers. It is not a "simple" process. Is sounds like AXIM has not even started the process.
What does this mean for the business?
AXIM will have revenue grow at a slow pace until CLIA Waivers are submitted and approved.
AND/OR
AXIM could use the potential for a "Blockbuster" Parkinsons disease Tear based Point-of-Care test to generate both Up-front and residual revenue by signing a Marketing agreement with a large Pharma that can take the full responsibility of walking the test through the FDA process with the agreement that AXIM would still receive a fixed amount per test after it goes to market. That could happen.
A lot of things could happen over the next few months. Interesting times for AXIM right now.
Hashtags related to our company and partners.
Merchandising partner:
#VerséaOphthalmics
#VerséaHealth
#TPOC Tear based Point-of-Care
#DryEye #Diagnostics #Quantitative
#Lactoferrin #TotalIgE
#TPOCTITAN #TPOCTITANS
Manufacturing Partner:
#AuerPrecision ISO Certified
#ISO9001 #ISO13485
#AXIMBIOTECH
#AXIMEYE #DryEye
#Parkinsons #TPOC #Diagnostics
#Lactoferrin #510K
510(k) Number K934473
#TotalIgE #510K
510(k) Number. K991316
Recent AXIM News
- Form 10-Q/A - Quarterly report [Sections 13 or 15(d)]: [Amend] • Edgar (US Regulatory) • 05/22/2024 08:53:56 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 08:24:40 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 04:59:09 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:29:50 PM
- Form DEF 14C - Other definitive information statements • Edgar (US Regulatory) • 09/21/2023 03:07:21 PM
- Form PRE 14C - Other preliminary information statements • Edgar (US Regulatory) • 08/31/2023 08:10:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 05:35:50 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 08:11:37 PM
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