Possible pricing
The company stated in it's press release that they will announce the date of a conference call which will "address the marketing and distribution plans" and also discuss "the Company's business plans for other applications of its technology".
To get an idea of possible numbers involved, I have shown below some information that has been published concerning pricing and market size fyi:
From Message 7635520 - Contemporary Pediatrics December 1998:
".....For each set of tests, the operator places over the unit's sensor a $10 TLc-Lensette (disposable tip)....The BiliTest system, which includes the sensor, computer of palmtop, and printer, sells for about $3000...."
-----
From techstocks.com - CONFERENCE CALL TRANSCRIPT 9/17/97
....The World Health Organization has published the current annual birthrate of approximately 4,000,000 births in the United States, with approximately 10% of these births being premature infants. Using numbers of individual bilirubin tests on newborn infants (heelsticks), which are not part of a general panel blood test, the Company estimates there are approximately 15,000,000 bilirubin blood tests currently performed annually, in monitoring Bilirubin infant jaundice in the United States.
In making this conservative estimate, the Company assumed
-averages of one test (not part of a panel test) for full term infants in hospitals before discharge and one test at or after discharge,
-and an average of 1-2 (or 1.5) tests (not part of a panel test) for premature infants in hospitals during an average length of hospital stay of 11 days, with the remaining tests representing infants treated after discharge.
These assumptions were based on publications by the World Health Organization, the American Academy of Pediatrics, independent market studies commissioned by the Company and business proposals from potential marketing partners..... |
