Replies to post #97277 on Quantum Materials Corp. (fka QTMM)

[BigE1960]

Actully, there's plenty of room for multiple suppliers.

Ellume to ship 100k test kits to US per month from Feb - July.

New funding will scale manufacturing capacity to 19m test kits/mo by end of year. 8.5m to US govt.

[wooferwax]

It cost $30. Innova's gonna cost $5. Wonder which one people will buy upon Innova FDA approval?

[Jamis1]

Quick logical question, $230 million. So how many tests is that at $30 per test? Let's assume they struck a deal for $10 or $20 per test.

https://www.prevention.com/health/a34988733/ellume-at-home-covid-19-test-facts/

That would be 11.5 to 23 million tests. If used twice weekly, that's only about 6 to 11.5 million people getting tested for one week.

I see plenty of market potential left for Innova.