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Therma Bright Inc V.THRM

Alternate Symbol(s):  TBRIF

Therma Bright Inc. is a Canada-based company, which is a developer and partner in a range of diagnostic and medical device technologies. It focuses on providing consumers and medical professionals with solutions that address medical and healthcare challenges. It is involved in developing, acquiring, manufacturing, and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace. Its product offerings include Covid-19 diagnostic test product line, such as AcuVid COVID-19 Rapid Antigen Saliva Test and AcuVid COVID-19 Rapid Antibody Test; Sores & Bite Inflammation Therapy product line, such as InterceptCS Cold Sore Prevention System and TherOZap, and Muscle Pain & Blood Circulation Health Therapy product line, such as Venowave, which is a circulation booster designed to improve circulation in the lower extremities. Its products include Benepod, Inretio, AI4LYF, Invixa and Instatin, and others.


TSXV:THRM - Post by User

Comment by Watchman21on May 06, 2022 9:31am
133 Views
Post# 34661665

RE:RE:Everyday we are getting closer and closer to approval

RE:RE:Everyday we are getting closer and closer to approval

With FDA EUA, I'm pretty confident it clears $0.50.  That would say with 239m shares (not including the 76m warrants and options) but 239m shares the company with the only COVID19 Rapid Antigen Saliva Test with CE and FDA EUA is only valued at $120m cad...  when just 3 of the big guys (Abbott, Diasorin & Quidel) sold over $5b COVID 19 tests in their last Quarter.  

reminder: 30 rapid test makers with FDA EUA, 50 test variations.  16 of the manufacturers have 19 total at home test variations.  All nasal.  FDA IS PLATNUM IN THE WORLD, and this FDA EUA domino falling on a unobtrusive, self collecting (so POC staff have added protection) Covid19 rapid antigen saliva test will roll in more regulatory approvals quickly from around the world of 7B people.

I believe this company, at FDA EUA only, will be at a minimum of $250m value...  closer to $1, simply based on volume of revenues generated by these 30 test makers today on a global perspective.  Sales will take it further. 

Of course this is my opinion and projection based on market and new BA2 ramp around the world, including US & Canada.

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