Now a profitable company!?Not long ago to monthly burn rate was 200.000 CAD/month, let's say 250.000 for arguments sake, which add up to 3 million CAD annually.
For each kilo TFC-1067 sold to R+F they get 8.000 USD which translates to 10.000 CAD. Let's assume that it's sold by R+F as previously communicated, representing 10.000 tubes.
Break even (not including Sirona production costs) is then 300 kg aka 3 million tubes sold annually.
Based on how the customers reacted to the launch I think it's safe to say that Sirona from now on should be proftable.
Other sources to revenue near term is payment related to SGLT2 for pets deal that should be due any day/week now as well as an deal for TFC-1067 with the stronger concentration.