Global Sepsis Deaths are double previous estimates...https://www.usnews.com/news/best-countries/articles/2020-01-16/global-sepsis-deaths-are-double-previous-estimates
Article using stats pre- Covid-19
The study, led by researchers at the University of Pittsburgh and University of Washington schools of medicine, found 48.9 million global cases of sepsis and 11 million deaths in 2017, which is nearly 20% of all fatalities, according to a news release accompanying the study. The new numbers are roughly double the leading previous estimate published in 2016, says Dr. Kristina Rudd, assistant professor in the University of Pittsburgh Department of Critical Care Medicine and lead author of the study.
What if 10 % of the world's actual (not suspected) Sepsis cases got a (single!) EAA reading (to ascertain endotoxin levels and or a proposed treatment plan). Note: same as 3% getting an average of 3 readings throughout hosptial stay/treatment..
48.9M x .10 = 4.9M EAA tests
X $200 USD per test (latest estimate from prior presentations)
= $980,000,000 USD
= $ 1.3 B CAD
= $ 5.21 Rev/share. (based on 250M shares o/s)
Guess as to the margin on the EAA test (the only FDA approved test for Endotoxins/Sepsis) for which Spectral has the world-wide rights?
MM