Anteo has many important Irons in the fire with news /results pressure building in multiple fronts , tests to detect multiple conditions or diseases are in progress are very lucrative , Sona have very impressive profit margins on their formula now collaborating with Anteo for higher performance ?
Sona prices are as follows ,
*Cost price - $0.35 - $0.50 per ml *Sale price - $2 - $10 per ml
*Margins – 65 - 95%
Anteo Diagnostics Limited (ASX: ADO) (“Anteo or the Company) is pleased to report on a new collaboration signed with Canadian Stock Exchange-listed Sona Nanotech Inc. (CSE: SONA) where both parties will combine their respective technologies to co-develop new products that have the potential to speed up the development and improve the performance of lateral flow immunoassays.
ADO Price at posting:
2.0¢ Sentiment: Hold Disclosure: Held
