For the year 2016 Diabetes care in the US is down
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Posted On: 01/24/2017 1:47:09 PM
Re: chemist823 #94
For the year 2016 Diabetes care in the US is down 5.4% and WW 3.8%
Interesting I believe some quarters showed a much higher decline last year.
[url=]http://files.shareholder.com/downloads/JNJ/1404090856x0x924921/BCDFDBBF-7CC2-49FF-8ECF-3EC12FC88406/JNJ_News_2017_1_24_Financial_Releases.pdf[/url]
I think it is way to early to assume that the decline goes into DECN's pockets. When diabetics chose to test less because of costs and reimbursement cuts than DECN has the opportunity to bring back these patients to testing because they offer a product that costs 80% less.
We know that the delivery of larger numbers of GenUltimate has started not before October. So we may have to be patient another quarter or two and then get a feel about how things play out.
Interesting I believe some quarters showed a much higher decline last year.
[url=]http://files.shareholder.com/downloads/JNJ/1404090856x0x924921/BCDFDBBF-7CC2-49FF-8ECF-3EC12FC88406/JNJ_News_2017_1_24_Financial_Releases.pdf[/url]
I think it is way to early to assume that the decline goes into DECN's pockets. When diabetics chose to test less because of costs and reimbursement cuts than DECN has the opportunity to bring back these patients to testing because they offer a product that costs 80% less.
We know that the delivery of larger numbers of GenUltimate has started not before October. So we may have to be patient another quarter or two and then get a feel about how things play out.
(2)
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