MIT's technology has the potential to revolutionize the $5 billion rapid microbial test market by annually saving thousands of lives and tens of millions of dollars. Since 1998, the industry has had an annual expansion of 9.2 percent - with growth projections for 30 percent annually. MIT is well positioned with its cutting-edge microbial technology as demand continues to soar as a result of major health, safety and homeland security issues.
This info is on our board in the headlines. 5 billion market increasing 9 to 30 percent a year. I would say we are going to the 30 percent increase these next few years. Just a 5% min. on this would be 250 million a year. Might get us closer to the $2 range. MMTC has a bright future once things get up and running.
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