The hard numbers start to come out
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Posted by Bryan on 12:14:53 2009/06/18
In Reply to:
Re: LCT buoyed by 'stunning progress' in human trials posted by Steve R
Quoted from the articles:
THE MARKET
* Living Cell Technologies hopes to get close to commercialisation during the next 18 months.
* There are about 30 million people with Type 1 diabetes.
*The company need to build 80 pig facilities during the next few years to meet the market demand, which would be enough to treat 30,000 to 40,000 people a year.
* Cost per treatment is estimated at $100,000.
- - -
So not sure how they make this math add up if they intend to make all the piggies on their own, so which 'market' is it they can meet the demand for?
Next question is also about the cost, as we understand we need fill-ups. Healthcare economists may find it hard to justify reimbursement when it is in that end of the scale and being on an ongoing basis.
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