Lexagene Holdings Inc LXXGQ

Commercialization

[Sandman852]

Ragb wrote.   "Going to be tough going alone from a couple of experimental units to hundreds. They don't have the man power or facilities,and might end up like Boeing and the 737 max" -------
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      Medical equipment requires ISO certification and therefore the manufacturer will be someone with such i.e. Cannon, Siemens etc. Not sure why you keep going in the direction that they are going to become a factory rather than the owners of the ip 

[BigBagofWeed]

Lexagene prime candidate for being bought out by BIG PHARMA.. Thats what i'm waiting for. Going at it alone will be hard. Reagan will do exactlty like his last Anthrax detection company.

[ragb7002]

Well I hope7 he goes for a higher price/ share. At approximately 90 mill shares outstanding we need half a bill to get $5.00. Nick Hodge talking about $20.00 he is crazy! ragb

[Investor62]

“half a bill to get $5.00” means revenue of 50 Mio which can be achieved by getting a market share of around 1 % of the Veterinary Diagnostics 2025 (probably close the same in 2020) – so Nicks $ 20.00 is about 5 % market share of the Veterinary Diagnostics. If they can get the EUA or FDA approval by mid-year than they can also penetrate the Clinical Diagnostics which is more than twice the size of

[ragb7002]

It's touch and go IMO! ragb

[ragb7002]

That's a lot of units!! Going to need a partner, could be risky ragb

[ragb7002]

That's a lot of units!! Going to need a partner, could be risky ragb

[Investor62]

«what would you like to say with: That's a lot of units!! Going to need a partner, could be risky». @ragb7002 in the past you made statements without any details. Would be nice when you share your your thoughts on such statements as then they would provide value to the community «A lot of units?» what do you consider as a lot of units? 10, 100, 1000? And from where

[EduardoSanchez]

Lex is working on building a high throughput version for industries that have high daily volume like food, clinical, central labs, pandemic... I've heard up to 10 - 12 samples at once.  No concerns at all having a contract manufacturer build the machines. They are doing extensive research to ensure the manufacturer can produce the exact quality and volume required. 

[EduardoSanchez]

Lex will be acquired. They have been quite clear about this. The potential market $, lowest cost/test, high margins, razor blade model, gold standard sensitivity and time to results... Big Bio with existing sales channel will turn this into massive profits quickly. There is currently lots of interest from big bio. Recent contact from another big co that is a new one into the mix. Gearing up for

[ragb7002]

Where do you get this important info from. I have a pretty good inside sourse, not as good as yours. ragb

[EduardoSanchez]

Rule #1never reveal your source  Rule #2 always use a good source