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Posted On: 10/24/2019 1:27:12 PM
Post# of 11802
Re: weaver_525 #8060
And that would work? Mama mia! This would revolutionize the whole industry... If this could be implemented into the legacy products... If I only think of the amount of license fees... wow!
Yes, it will work but the resulting product would be held to the same standards as the legacy test strips that ISO and the FDA have adopted so it might take 2-3 years for the testing and the patenting to bring it to market. The squeeze bottle filled with the liquid would be good, IMO, for 250 tests, 90 days for a typical Type 2 diabetic, and sell for, IMO, $79.95. The test strips would be sold for something like $19.99 for a box of 250, each test strip individually wrapped. The meters would be given away.
The cost per month per diabetic would be around $33.33. The liquid in the squeeze bottle would become like a magic elixir. It would be wasted, spilled, squeezed all over the place and would be replaced .... ching, ching. How do you say ching, ching in German?
Yes, it will work but the resulting product would be held to the same standards as the legacy test strips that ISO and the FDA have adopted so it might take 2-3 years for the testing and the patenting to bring it to market. The squeeze bottle filled with the liquid would be good, IMO, for 250 tests, 90 days for a typical Type 2 diabetic, and sell for, IMO, $79.95. The test strips would be sold for something like $19.99 for a box of 250, each test strip individually wrapped. The meters would be given away.
The cost per month per diabetic would be around $33.33. The liquid in the squeeze bottle would become like a magic elixir. It would be wasted, spilled, squeezed all over the place and would be replaced .... ching, ching. How do you say ching, ching in German?
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