InvestorsHub Logo
Followers 29
Posts 9421
Boards Moderated 0
Alias Born 04/30/2006

Re: TheBocx post# 18075

Friday, 03/13/2009 7:34:12 AM

Friday, March 13, 2009 7:34:12 AM

Post# of 30387
The bocx stated: "In any case, who cares? RECAF's market for monitoring cancer is very, very large (perhaps larger than PSA's for screening) and according to you, it would be the first application to get FDA approval."

The number of cancers present at any one time for monitoring is about 10 million and lets assume just screening the population over 50 with RECAF and compare numbers.

For screening everyone over 50 once a year, 112 million RECAF tests would be giver per year.

For monitoring and lets even assume a RECAF test was given once a year, that would only be 10 million tests compared to 112 million possible for screening. There is no way that monitoring remotely compares to the revenue from screening even if RECAF was approved to monitor every cancer out there.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.