May. 16 at 8:48 PM
$RMTI A simple and obviously disputable analysis. The average number of people taking Rockwell Medical dialysis products is around 100,000. Of these 100,000, an estimated 1,000 have taken the 720g cartridges, which generated sales of
$1 million. Now the CEO has spoken about new products, tubing and dialyzers. I'm personally 100% sure he's already spoken about it to the private HDHD clinic, which recently signed a new contract. Now, this is a hypothesis, but if these 1,000 who took the cartridges and generated sales of
$1 million also take tubes and dialyzers worth
$1 million a year, that's a figure of
$4 million a year for just 1,000 patients, and Rockwell currently has
$100,000 to
$120,000. So yes, Rockwell Medical is finally turning a corner; only the sheep-like market doesn't know it yet.
