Drug, how long has that verbage on Innova's websit
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Posted On: 12/27/2021 2:01:20 PM
Drug, how long has that verbage on Innova's website been there?
We know that Health ID was not adopted and subsequently shelved, per the Aug 2021 Press Release:
"We have expended considerable resources developing and marketing our HealthID product but have not yet achieved the anticipated success. Despite the substantial interest and verbal commitments, primarily from U.K.-centric companies, the wide-ranging extended shut down in the U.K. interfered with our ability to get the product adopted. Although we still believe QMC HealthID has great potential, we also think it has much more synergy with our quantum dot point of care testing technologies. We will also be seeking out potential strategic partners as well as potential acquirers for this platform. As a result, this product will not be part of our immediate commercialization efforts."
While the possibility of Innova adopting and acquiring/copying Health ID is there, IMO that would have been a significant event in where QMC would have announced that. We have for months (as far back as Dec 2020) theorized the possibility that Innova adopted it, but that has never came to fruition.
We know that Health ID was not adopted and subsequently shelved, per the Aug 2021 Press Release:
"We have expended considerable resources developing and marketing our HealthID product but have not yet achieved the anticipated success. Despite the substantial interest and verbal commitments, primarily from U.K.-centric companies, the wide-ranging extended shut down in the U.K. interfered with our ability to get the product adopted. Although we still believe QMC HealthID has great potential, we also think it has much more synergy with our quantum dot point of care testing technologies. We will also be seeking out potential strategic partners as well as potential acquirers for this platform. As a result, this product will not be part of our immediate commercialization efforts."
While the possibility of Innova adopting and acquiring/copying Health ID is there, IMO that would have been a significant event in where QMC would have announced that. We have for months (as far back as Dec 2020) theorized the possibility that Innova adopted it, but that has never came to fruition.
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