once again in my humble opinion they are referring to the sample being as close to real time as possible which is awesome . yet the processing of the sample and documenting of data will take 2 weeks. regarding on site tests my understanding is that the hardware is sizable and needs to be operated by specialists. now , cold they follow a TTOO model and train hospital techincians to do it. perhaps but I don't think that is there model to many points of failure ( humans ) PS: I could be wrong about everything. anyway, have a great weekend..
2 weeks ! in docs getting data. once again, I don't care about being right just about getting it right.
opps: let me clarify on point 2. The marker can test right up to the minute of the sample. verus blood which could be an older sample thus not accurate right up to the point of the collection.
this is from the TROV site. easy to find. ( regarding point 1 )
All results are reviewed by our medical director and are typically available within two weeks of receipt at the laboratory. Results will be returned via mail or fax.
Please note that holidays may impact timing. Contact Trovagene Client Services at 1-888-391-7992 for questions about delivery timing or if results are not received.
I believe the confusion is regarding the two types of turn abounds. 1. being the time lab processes sample and returns a data dump back to the doctor. my reading leads me to believe that can take up to a week. 2. I believe the real time verbiage is referring to the market reading data right up the point of the test. I hope that makes sense. It a tad hard to communicate as a layman. let me find the lab template. be right back.
MGM. not sure what you mean REAL TIME. Per my DD and viewing of lap report templates on TROV site the copy highlights a multiple day turnaround ( up to 9 days ) once the sample has been received. that is not real time ! please clarify what you mean ? as , I might be wrong or mis- understand your statement. thanks
It would be nice to be de-coupled from drugs sub sector yet its a macro sector flush. Its crazy to see ACAD and VSAR and other de-risked situations be hammered. This is when you buy as all the contrarian alarms are going off. You now the Baker Brothers and other generals are adding for a massive run in the mid term future. Anyway, needed to rant. Back to my 1 min charts scalping to pay the bills. Have a blessed gentleman
Q: Why did God create stock analysts?
A: In order to make weather forecasters look good.
thank Wealth. I like how you ROLL brother. see you in the 20's.
HI Wealth, You could be right. very impressed with their traction getting insurance companies. be nice to see blue cross drop for them. hoping TROV gets the same reception. good luck with BIOC. I think you will do well.
I did a lot of DD on BIOC over last weekend. My conclusion was that even though its1st to market with a CTC and from my understanding a cTdna test via blood its lacks the industry visibility and credibility needed to sustain a substantial slice of the market. Albeit , they will get some traction and continue to show huge REV growth as they did last Q. Yet once MYGN gets into the space ( blood ) via CTC they will dominate the space as they have over 900 ( approx. ) insurance underwriter relationships and hundreds of thousands of Doc relationships. BIOC recently made some very SR MGMT changes as I believe they realized they missed the pre roll out credibility piece. Which is what TROV is focused on. Docs need to be convinced via data and crowd sourcing versus slick PowerPoints. with all the being said ,I still liked BIOC for a small trade yet my concern then turned to their balance sheet which tells me they will raise soon. thereafter, it might be worth a small trade for me, which could be confirmed with Q1 results. nevertheless, that's my humble opinion. I now await to be slandered by everyone ! PS: I don't think you can get that hurt making a bet on BIOC down here. I just happen to believe TROV is the right horse to place my bet on in this emerging space. fingers crossed.
tight trading range until next catalyst. Which should be around the corner. Expecting data set back from clinical beta roll-out and insurance coverage update. patience will be rewarded here in my humble opinion.
As a patient i would want to know asap so i could try something else. Its a terrible situation yet knowledge is power and in the case if cancer time !!! Time is everything in critical care.
Not sure of source. Found in good awhile back. Should be easy to locate. Glad u found it informative. Knowledge is power when investing in bio space.