Datametrex AI Ltd V.DM

Lucira looks promising

[jsim082]

This new partnership with Lucira looks like a very nice piece of work by DM.

Per Lucira's earnings call transcript for Q1 2022 they were receiving orders from Health Canada for the purpose of "providing value to remote and hard to reach communities". This sounds like a goal DM has also expressed.
(Source: https://www.fool.com/earnings/call-transcripts/2022/05/13/lucira-health-inc-lhdx-q1-2022-earnings-call-trans/?source=eptyholnk0000202&utm_source=yahoo-host&utm_medium=feed&utm_campaign=article)

Also, Lucira does a significant amount of business, with 34 million in total revenue in the last quarter. Regardless of their negative EBITDA, that does suggest a fairly significant adoption of their product.

They are also working on other products, like Chlamydia and Gonorrhea testing.

If the eroding of our film industry test kit sales is inevitable, it could be nice to be in bed with a company like this.

Just my opinion.

JAGS

[Markhamjohn]

It seems that Lucira has also fallen victim to being perceived as mainly a Covid company. One year ago their stock price exceeded $8.00. Six months ago it was at Just over $3.00. today is it around $0.45. They can benefit from this new partnership just as DM can benefit. Their WEB site shows a home test kit now includes Telehealth ( from DM I assume) for a cost of $98.00 with a current sale

[swyint123888]

Don't forget that the most common drug given for covid is plaxovid and in ontario you no longer need a Dr as a pharmacist can give it now.....I don't know what will happen with the actors union but we will find out in early Feb as the current agreement ends Jan 31....as far as managers thinking the actors can't do the test by themselves I mean come on keep ot real....dollars and cents