Potential Market for IBEX's vegetal Diamine OxidaseFrom this Feb's Paul Baehr interview - https://www.youtube.com/watch?v=CnEck4TM_Ec&t=1454s
at 22:30; discussing Diamine Oxidase
a synopsis :
he estimates the US and European Market currently at $10M
and he thinks Ibex will get 1/3 very quickly , because their DAO is botanical.
so he is guessing $3-5M @ annum
He also stated that Ibex DAO is in the Development Phase - things are going well, but it will take a couple of years to get it commercialized
Paul has mentioned elsewhere, that potential DAO sales is not a huge number
But it is very significant to Ibex, given that it will constitute a large percentage of sales
(I think when he mentioned the above, current overall sales were running at around $5M)
G