That is one of the greatest hidden values here with BMOD. Getting Doctors to use your test is crucial. Therein lies the brilliance in BMOD's plan for commercialization of Cypath. Using their in with VA system. The VA system that has already funded Cypaths trials to date.
Did you know one path to becoming a Government approved cancer screening test... The VA also is the product approval channel for the U.S. Agency for International Development ("AID"), conditional on FDA approval
Ultimate big pay day for Cypath would come from the use of Cypath in government backed cancer screening, estimated to be a possible $1 billion market.
BMOD quote from filings We have determined that our initial markets will build upon established relationships with the U.S. Veterans Administration ("VA") hospitals. Such relationships will ensure timely initial commercial sales. This initial commercial acceptance within the VA system can be efficiently leveraged through the VA infrastructure. The VA also is the product approval channel for the U.S. Agency for International Development ("AID"), conditional on FDA approval. Funded by the New Mexico State Legislature and administered by the New Mexico Department of Veterans Services
We have received full payment of a government contract for reimbursement of research and development costs of $1.3 million
Our pilot clinical trial to screen military veterans for early-stage lung cancer
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