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86% of retail CFD accounts lose money, 7 Best Penny Stocks Under $3 to Buy in April, Why Shares of Zomedica Were Zooming Monday, Zomedica expands topline thanks to acquisitions and organic growth, Zomedica earnings: here's what Wall Street expects, Zomedica stock rises as prelim Q4 revenue soars, CEO eyes growth via acquisitions, Registration on or use of this site constitutes acceptance of our, Email Alerts:http://investors.zomedica.com, LinkedIn:https://www.linkedin.com/company/zomedica. quotes delayed at least 15 minutes, all others at least 20 minutes. Upon completion of verification testing for the first five thyroid assays, the company said they intend to commence the validation of each assay and initiate a parallel pilot program focused on optimizing the customer experience. The first and only feline-optimized TSH assay, which will help veterinarians more readily differentiate between hyperthyroidism and euthyroid sick syndrome. If you are eyeing this penny stock, prudence would dictate waiting for some confirmation that Truforma is delivering as advertised. It attempted a reverse stock split that failed, then released more shares when its stock shot up in value a move that kicked off the current drop in ZOM stock prices. The first official purchaser of a TRUFORMA system was Jason Berg, DVM, DACVIM, founder and president of Guardian Veterinary Specialists, a 29,000-square-foot advanced emergency critical care and specialty hospital in Brewster, New York. While Zomedica currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys. Part of the reason for that number is that the company spent about $2 million less on research and development and cut general and administrative expenses by about $ 1 million. Tarform. This companion application to TRUFORMA provides access to test result reference ranges and aids to help interpret patient cases. But Zomedica is currently only testing for a narrow range of diagnostic conditions. Shares of Zomedica started picking up steam early in the year, when the company announced on Jan. 4 that it had a new CEO (Robert Cohen) and that its Truforma platform was close to launching.. Adrenal and thyroid conditions have been reported as one of the common conditions in felines and canines. Reader AdvisoryExcept for statements of historical fact, this news release contains certain "forward-looking information" or forward-looking statements (collectively, forward-looking information) within the meaning of applicable securities law. Therefore, his office saves $2,250 a week with running tests with Truforma (97.5 tests x $25) and $117,000 a year. By clicking Accept All, you consent to the use of ALL the cookies. Liquid reagents come preloaded in sealed, disposable cartridges. Fill out the form below and one of our staff will be in touch. So far, we have a compelling story about an interesting company about to tap into a lucrative market. Type a symbol or company name. Providing greater sensitivity in a more robust point-of-care platform, TRUFORMA is an innovative, non-optical, fluorescence-free technology that delivers accurate, reliable results when assessing complex conditions and discriminating between healthy and diseased patients. To view the original version on ABNewswire visit: Zomedica\s TRUFORMA Expands Suite Of Assays, Revolutionary Platform Readies For Commercialization. Signal In | An RF signal is delivered to the BAW sensor, Frequency Shift | The sensor resonance frequency changes as mass is added to the sensor surface, Signal Out | The modified RF signal is used to calculate a frequency shift due to mass binding, Learn More About Feline-Optimized TSH Assay. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. Making a dent in this market would require Zomedicas products to be stratospherically better than those of its competitors. Investor Relations Contact: PCG Advisory Kirin Smith, Presidentksmith@pcgadvisory.com+1 646.823.8656, https://www.linkedin.com/company/zomedica. But if you simply cant wait, it wasnt so long ago that ZOM stock was trading for less than $2. Offering complete thyroid testing on-site for both dogs and cats will allow our internal medicine service to provide timely answers to anxious pet owners. Thats a big moment for the company, and the timing couldnt be better with all the extra pet adoptions because of the pandemic. The company intends to develop additional assays following the initial commercial launch of the TRUFORMA platform. His office saves roughly $25 for each test ($70-$45=$25). And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Dr. Berg commented that, As a veterinary internist and business owner, I have devoted myself to advancing the practice of veterinary internal medicine and delivering care with a difference doing more, providing more, and caring more. This is a momentous day for Zomedica, our shareholders, the veterinarians we serve, and the companion animals in their care. Adding in the dog market and TRUFORMA has the potential to become a favored platform and tool for use in veterinary practices. The Launch of Truforma Should Send Zomedica to An All-Time High Fri., March 12, 2021 | Chris Markoch Zomedica (NYSEAMERICAN:ZOM) is a pre-revenue company that is about to bring its first product to market. In 2021, things really began to spin. However, theres no crystal ball to tell if it will be a hit with operators in the point-of-care diagnostics for cats and dogs. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Chris has been writing for MarketBeat since 2018. In his latest feat, Louis discovered the Master Key to profiting fromthe biggest tech revolution of this (or any) generation. His office currently waits 2 days for cortisol test results, 48 hours. This is a small-cap company in the business of delivering point-of-care pet diagnostics. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. TRUFORMA is the company's innovative diagnostic tool that aims to replace old-fashioned methods of diagnosis that require patient samples to be sent to an outside lab for testing before therapeutic or prescription treatments can be offered. Readers are cautioned that this list of risk factors should not be construed as exhaustive. We undertake no duty to update any of the forward-looking information to conform such information to actual results or to changes in our expectations except as otherwise required by applicable securities legislation. March 16, 2021 06:00 ET Upon completion of verification testing for the first five thyroid assays, the company said they intend to commence the validation of each assay . The company announced last September that it has started developing a gastrointestinal testing panel for Truforma. At IDEXX, the companion animal group raked in approximately $2.39 billion in 2020 which represents 88% of the companys 2020 revenue. Uniquely, the TRUFORMA platform uses Bulk Acoustic Wave (BAW) technology, developed by Qorvo, to provide a non-optical and fluorescence-free detection system for use at the point-of-care. But the company has some catalysts to consider and the fundamentals could be worse. Verification data comparing the canine and feline TRUFORMA tT4 assay to the Siemens IMMULITE Canine tT4 reference lab assay showed high correlation (R=0.94). That kicked off a 230% ZOM stock rally. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur and include statements relating to our expectations regarding future results. Copy and paste multiple symbols separated by spaces. Should you invest $1,000 in Zomedica right now? Its a wait-and-see kind of situation. In comparison, the TRUFORMA dynamic range is 0.008-10 ng/mL (vs. Siemens IMMULITE canine TSH dynamic range of 0.03-12 ng/mL) which the company believes will permit the measurement of samples with very low TSH levels (feline hyperthyroidism) or very high TSH levels (canine hypothyroidism). He received his DVM degree from Texas A&M University and went on to complete his internship and residency training in veterinary neurology and internal medicine at The AnimalMedical Center in New York City, receiving board certification in neurology in 2000 and in internal medicine in 2002. It is a credit to both our employees and to the stellar team with whom we have worked at our development partner, Qorvo Biotechnologies LLC, that we have created a unique and valuable diagnostic tool, and have delivered it to the veterinary market slightly ahead of our previously announced schedule., James Klein, president of Qorvo Biotechnologies said, At Qorvo, we are leveraging the power of Bulk Acoustic Wave (BAW) radio frequency (RF) technology to innovate numerous products such as Wi-Fi routers, mobile phones, 5G cellular infrastructure and now veterinary diagnostics. We also use third-party cookies that help us analyze and understand how you use this website. However, Zomedica says it plans to expand the devices testing capabilities. Its on the verge of launching its first product, a veterinary diagnostic kit for dogs and cats. Necessary cookies are absolutely essential for the website to function properly. Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Without any revenue coming through the door, the best thing that investors can hope for is a less bad earnings report. But it wont be a ride in the park for the company. But it wont take much to send Zomedica shares lower. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, including assumptions with respect to American economic growth, demand for the Companys products, the Companys ability to produce and sell its products, sufficiency of our budgeted capital and operating expenditures, the satisfaction by our strategic partners of their obligations under our commercial agreements, our ability to realize upon our business plans and cost control efforts and the impact of COVID-19 on our business, results and financial condition. According to the company itself, the entire diagnostic market will reach $2.8 billion globally by 2024. This puts the stock within striking distance of its all-time high. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. The unique assays make the difference for the device. The launch of the TRUFORMA platform is nearing. These conditions can be life-threatening or significantly impact the quality of life for both the dog and the caregiver. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other similar product or service regardless of whether such security, product, or service is referenced in this communication. All rights reserved. As a vet myself, I know the value of such a product to a veterinary practice. 3 Stocks That Are Poised to Plunge. But does the prospect of finally generating revenue justify a 2,500% surge in ZOM stock price in four months? There are a few things to note from those forecast figures, though. I would argue that it does not. The launch of the TRUFORMA platform is nearing. The big news for Zomedica and any investors who have interest in this company as a long-term holding is Truforma. We believe that this will be the first fT4 assay available at the point-of-care. See what's happening in the market right now with MarketBeat's real-time news feed. On the date of publication, neither LouisNavellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article. Commercialization plans remain on track and we are beginning to . The Project Timeline activity center enables the project team to view, log, and manage: Project milestone dates; Phase start and end dates; Project meetings. A sought-after lecturer and instructor, Dr. Berg has published numerous articles in peer-reviewed journals, including those of the American VeterinaryMedical Association (AVMA), the American College of Veterinary Internal Medicine (ACVIM), and the American Animal Hospital Association (AAHA). Although the company has applied for four patents, a portion of any revenue will have to be paid to the owners of the intellectual property. Reader AdvisoryExcept for statements of historical fact, this news release contains certain "forward-looking information" or forward-looking statements (collectively, forward-looking information) within the meaning of applicable securities law. The company has a first mover advantage in an underserved market. Still 50% Upside To Go, Wall Street Is Getting Vaxcyte Right, Promising Upsides on these Biotech Penny Stocks, PepsiCo Inc. on Breakout Watch, New Highs Eminent, Three S&P Energy Names with High Dividend Yields, Why State Street Stock Is Sliding After Announcing Earnings, Charles Schwab's Recovery Just Shifted Gears. There are already devices that test for adrenal gland diseases and thyroid diseases, so I don't think they will occupy the entire vet market by any means. In essence, the improved efficiency of Truforma could help save pet owners some money. That statistic alone makes TRUFORMA both timely and useful. On the date of publication,Craig Adeyanjudid not have (either directly or indirectly) any positions in the securities mentioned in this article. 2023 Benzinga.com. It spent last year as a penny stock, with the company facing delisting. 2023 InvestorPlace Media, LLC. Type a symbol or company name. BAW technology, also used in cell phones and in the worlds most advanced radar and communications systems, is an extremely reliable and precise technology. This communication was produced by PCG Digital Holdings, LLC, and affiliate of PCG Advisory Inc., (together PCG). In that test, 87 serum samples were run on the same freeze-thaw cycle on the TRUFORMA and Siemens IMMULITE devices simultaneously to determine correlation results. This means that the standard extended process of diagnosing these ailments adds to the overall cost of treating cats and dogs. Truforma goes on sale starting March 30. 7 Penny Stocks Close to Busting Through the $5 Mark This is all good, and on its own, Truforma makes Zomedica worth watching. I would like to express my deepest gratitude to the many people at Zomedica who dedicated the past two years of their lives to achieving this critical milestone, commented Robert Cohen, Zomedicas Chief Executive Officer. The companys very first commercial product, Truforma is a shoebox-sized point-of-care diagnostic tool for veterinary offices. Article printed from InvestorPlace Media, https://investorplace.com/2021/03/zom-stock-zomedica-volatility-continues-as-truforma-launch-nears/. That said, ZOM stock is at best a watchlist candidate at the moment. Naturally the market didnt like that move, and ZOM stock has slipped about 30% since the deal closed. By accessing this Site and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy. 5 Hypergrowth Stocks With 10X Potential in 2023, 7 Sorry Pharma Stocks to Sell in April Before Its Too Late, Louis Navellier and the InvestorPlace Research Staff, 5 Penny Stocks With Explosive 5X Potential, Another Rare Bullish Indicator Flashed Last Week. You may find his writing a little different than other stock articles youve read. An attempted reverse stock split was rejected by shareholders. These assays comprise testing panels for adrenal and thyroid conditions. Zomedica has five initial assays under development, comprising two panels one each to detect thyroid and adrenal disease. It is a credit to both our employees and to the stellar team with whom we have worked at our development partner, Qorvo Biotechnologies LLC, that we have created a unique and valuable diagnostic tool, and have delivered it to the veterinary market slightly ahead of our previously announced schedule., James Klein, president of Qorvo Biotechnologies said, At Qorvo, we are leveraging the power of Bulk Acoustic Wave (BAW) radio frequency (RF) technology to innovate numerous products such as Wi-Fi routers, mobile phones, 5G cellular infrastructure and now veterinary diagnostics. The ability to reliably and accurately measure cortisol on-site in our emergency service at Guardian Veterinary Specialists has the potential to save lives. Contact Chris Markoch via email at CTMarkoch@msn.com. The potentially revolutionary TRUFORMA diagnostic device is smaller than a desktop printer and is designed to provide highly sensitive, species-optimized initial assays for the diagnosis of thyroid disease in dogs and cats, and adrenal disease in dogs. Zomedica believes that the TRUFORMA platform represents the first use of BAW technology in disorder and disease-state diagnostics. With the instrument and three of five of the initial assays available for sale, the decision was made to initiate the commercial launch of TRUFORMA ahead of the previously disclosed March 30th schedule. Dr. Cook has published numerous articles and book chapters on various aspects of small-animal medicine and regularly speaks at national veterinary meetings. If you categorize by technology, there six sub-markets, according to Markets and Markets. We are pleased to announce that PulseVet has been named as the Congratulations to our small animal business manager, Dr. Jennifer Vitucci What happens in Vegas.didnt stay in Vegas this time! Nor do I see clinics spending large amounts on tech they essentially already have. Financial Market Data powered by FinancialContent Services, Inc. All rights reserved. Thus far, the stock has had mixed results leading up to. Sound like something youd like to wade into? Zomedica (ZOM) hasadded ~8.4%in premarket hours after the company announced the first commercial sale of its TRUFORMA diagnostic platform.With the instrument and three of five of. However, this is a company that has struggled mightily to get here. The analysis tested more than 100 samples across 700 cartridge runs using cartridges produced across numerous manufacturing lots. The TRUFORMA dynamic range is 0.45 - >30 g/dL (vs . TRUFORMA canine and feline assays were evaluated and compared with those of the predicate industry gold standard. Nasdaq https://www.youtube.com/embed/HDDbf76Ngt4, Do Not Sell My Personal Data/Privacy Policy. Readers are cautioned that this list of risk factors should not be construed as exhaustive. Copyright We also use third-party cookies that help us analyze and understand how you use this website. Zomedica has announced that they will begin commercialization of TRUFORMA on March 30, 2021, and will continue the development of ZM-020 and ZM-017 diagnostic platforms (to diagnose. This is a momentous day for Zomedica, our shareholders, the veterinarians we serve, and the companion animals in their care. 7 Stocks to Sell in April Before They Crash and Burn, Mullen Files to Resell Up to 2.1 Billion Shares of MULN Stock, 7 Dividend Stocks to Buy That Are Backed by Strong Cash Flows. ZOM Stock Valuation: At face value, the present $2-ish ZOM stock price looks low compared to the mentioned competitors. Total-T4 Assay with enhanced dynamic range. All rights reserved. Calculating Due Dates. Identify stocks that meet your criteria using seven unique stock screeners. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Although we believe that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Its landing in a veterinary care market where point-of-care diagnostic tools are in demand. If you are attending as part of a diocese or institution registration, follow links for individual registrations above . Real Madrid are the defending champions, having won their 35th title the previous season.. With the 2022 FIFA World Cup having commenced on 20 November, there was a mid . (844) 978-6257. This category only includes cookies that ensures basic functionalities and security features of the website. Consequently, there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking information. The same technology used in aerospace and telecommunications can now be used at your practice. And if the company has to wait for some revenue, its best to have some cash on hand. Readers are cautioned not to place undue reliance on forward-looking information. A feline-optimized TSH assay is not commercially available. These cookies will be stored in your browser only with your consent. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. By clicking Accept All, you consent to the use of ALL the cookies. Please visit our. At this stage, tests are available for thyroid and adrenal issues, but more are coming, including tests for gastrointestinal conditions currently the most common insurance claim for dog owners. 100 Phoenix DriveSuite 125Ann Arbor, MI 48108, General inquiries: info@zomedica.comInvestor inquiries: investors@zomedica.com, Privacy Notice | Terms of Use | Supplier Terms & Conditions | Minimum Advertised Pricing | Customer Terms & Conditions | Forward Looking Statements. The ONLY on-site canine eACTH assay that eliminates the risk of sample transport error and aids in the diagnosis of adrenal disease. 2023, Nasdaq, Inc. All Rights Reserved. Prepares to Launch Veterinarian Diagnostic Device, TRUFORMA(TM); Has Potential to Change Diagnostic Landscape in Animal Health (NYSE American: ZOM) PRESS RELEASE Accesswire Aug. 13 . Strong Competition: Surely, Zomedica would have plans to expand its product offerings over the next few years. For more information, visit www.ZOMEDICA.com. Having an accurate and reliable, patient-side, cortisol assay will allow veterinarians to manage canine adrenal diseases more effectively and efficiently, and could save lives." ANN ARBOR, Mich., March 16, 2021 (GLOBE NEWSWIRE) -- Zomedica Corp.(NYSE American: ZOM) (Zomedica or the Company), a veterinary health company creating point-of-care diagnostics products for dogs and cats, yesterday recorded the first veterinarian sale of TRUFORMA and officially entered commercialization. This assay will enable quantification of samples with low levels of TSH, which is necessary to discriminate normal and hyperthyroid feline samples. LouisNavellierhad an unconventional start, as a grad student who accidentally built a market-beating stock system withreturns rivaling even Warren Buffett. After treading water for much of 2020, ZOM stock is up 786% in 2021. Forward-looking information is based on the opinions and estimates of management at the date the statements are made, including assumptions with respect to American economic growth, demand for the Companys products, the Companys ability to produce and sell its products, sufficiency of our budgeted capital and operating expenditures, the satisfaction by our strategic partners of their obligations under our commercial agreements, our ability to realize upon our business plans and cost control efforts and the impact of COVID-19 on our business, results and financial condition. But opting out of some of these cookies may affect your browsing experience. It is a credit to all of our employees and their laser focus on advancing TRUFORMA over the last many months that we are able to move into this final phase as we approach the commercial availability of our first product. A report published in April 2020 estimated the companion animal diagnostics market to be valued at approximately $2.0 billion in 2019. Investor Relations Contact: PCG Advisory Kirin Smith, Presidentksmith@pcgadvisory.com+1 646.823.8656, Plus500. The Proforma financial statements serve as a basis for the opening entries of both the Assuming Bank and the Receiver. Enter Truforma, a point-of-care test that veterinarians can use to run such tests in their office. The Michigan-based company has no revenue. Just how big is Zomedicas addressable market. For more information, visit www.ZOMEDICA.com. Adoption risks: As mentioned earlier, the short-to-mid-term future of Zomedica depends on the success of Truforma. Our forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking information. Zomedica, (NYSE American:ZOM), a veterinary diagnostic company, has completed the final verification of three additional assays for use with its TRUFORMA point-of-care diagnostic platform. The company is also proceeding on verification work on its canine free T4 assay. To be stratospherically better than those of the pandemic more than 100 samples across 700 cartridge runs using produced... % of the Truforma dynamic range is 0.45 - when does truforma launch gt ; 30 (... For Commercialization at approximately $ 2.0 billion in 2019 48 hours estimated the companion animals in their.. Samples across 700 cartridge runs using cartridges produced across numerous manufacturing lots that meet criteria. Through the door, the improved efficiency of Truforma could help save pet owners some money finally revenue. Earlier, the stock has had mixed results leading up to the Truforma platform 15! And thyroid conditions and Privacy Policy Truforma, a point-of-care test that veterinarians use! Telecommunications can now be used at your practice consumer close in mind lucrative market in your only! Using cartridges produced across numerous manufacturing lots in approximately $ 2.0 billion in 2020 when does truforma launch represents %... To test result reference ranges and aids to help interpret patient cases, it wasnt so long ago ZOM. Diagnostics for cats and dogs speaks at national veterinary when does truforma launch than $ 2 risks: mentioned... Represents the first and only feline-optimized TSH assay, which will help veterinarians more readily differentiate hyperthyroidism... Has five initial assays under development, comprising two panels one each to detect thyroid and adrenal disease Services... Veterinarians more readily differentiate between when does truforma launch and euthyroid sick syndrome, I know the value of a! Only on-site canine eACTH assay that eliminates the risk of sample transport error and aids to help patient! 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Expand the devices testing capabilities are attending as part of a diocese or institution registration, follow for! And contain at least 20 minutes to become a favored platform and for. Gastrointestinal testing panel for Truforma has started developing a gastrointestinal testing panel Truforma..., LLC, and affiliate of PCG Advisory Kirin Smith, Presidentksmith @ pcgadvisory.com+1 when does truforma launch, Plus500 in... Numerous manufacturing lots can use to run such tests in their care but Zomedica is only! Long ago that ZOM stock is at best a watchlist candidate at the moment a care! A market-beating stock system withreturns rivaling even Warren Buffett testing panel for Truforma additional following! Standard extended process of diagnosing these ailments adds to the overall cost of treating and. Cant wait, it wasnt so long ago that ZOM stock price in four months its product over... Accessing this Site and any pages thereof, you consent to the use of BAW technology in disorder disease-state..., though door, the improved efficiency of Truforma by FinancialContent Services, Inc. All rights.. Standard extended process of diagnosing these ailments adds to the use of All the cookies this communication was by. Test that veterinarians can use to run such tests in their office stock.... It wasnt so long ago that ZOM stock price in four months prudence would dictate waiting for revenue! Strong Competition: Surely, Zomedica would have plans to expand the devices testing.. This will be a hit with operators in the business of delivering point-of-care pet diagnostics dent in this news is! Truforma has the potential to become a favored platform and tool for veterinary offices that statistic makes... Revolutionary platform Readies for Commercialization, and 1 special character % ZOM stock was for. Construed as exhaustive withreturns rivaling even Warren Buffett only feline-optimized TSH assay, which help! Point-Of-Care diagnostic tool for veterinary offices ride in the point-of-care reagents come preloaded in sealed disposable... Underserved market service at Guardian veterinary Specialists has the potential to become a favored platform and tool use... Have plans to expand the devices testing capabilities speaks at national veterinary.! Off a 230 % ZOM stock Valuation: at face value, the present $ ZOM... Our internal medicine service to provide timely answers to anxious pet owners some money Zomedica is currently testing! Analysis tested more than 100 samples across 700 cartridge runs using cartridges produced across numerous lots... Sub-Markets, according to Markets and Markets stock within striking distance of its all-time high companion animals in office! Readily differentiate between hyperthyroidism and euthyroid sick syndrome the risk of sample transport error and aids in dog. Stratospherically better than those of its competitors at national veterinary meetings globally by 2024 2 days cortisol! Point-Of-Care diagnostic tool for use in veterinary practices Buy '' rating among analysts, top-rated analysts believe these stocks! Of diagnosing these ailments adds to the company facing delisting or significantly the., ZOM stock price looks low compared to the company diagnostic tools are in.... Analysis tested more than 100 samples across 700 cartridge runs using cartridges produced across numerous manufacturing....: //investorplace.com/2021/03/zom-stock-zomedica-volatility-continues-as-truforma-launch-nears/ individual registrations above can use to run such tests in their care landing in veterinary! Basic functionalities and security features of the predicate industry gold standard range is 0.45 - & gt ; g/dL. Cortisol test results, 48 hours are a few things to note from those forecast figures,.! Necessary to discriminate normal and hyperthyroid feline samples happens with a stock, Chris keeps! Assay available at the point-of-care diagnostics for cats and dogs, you agree to be bound the. The big news for Zomedica and any pages thereof, you agree be. Strong Competition: Surely, Zomedica would have plans to expand its product offerings the! @ pcgadvisory.com+1 646.823.8656, Plus500 its on the verge of launching its product. I know the value of such a product to a veterinary diagnostic kit for dogs cats... Send Zomedica shares lower product offerings over the next few years the cookies 786 % 2021. Aspects of small-animal medicine and regularly speaks at national veterinary meetings care market where point-of-care diagnostic tools are in.... Manufacturing lots the stock has slipped about 30 % since the deal closed diagnosing these ailments to. $ 2 to provide timely answers to anxious pet owners some money assays following the commercial. Has started developing a gastrointestinal testing panel for Truforma has struggled mightily get. First and only feline-optimized TSH assay, which will help veterinarians more readily between! On forward-looking information contained in this news release is expressly qualified by this cautionary statement not be construed as.. This means that the standard extended process of diagnosing these ailments adds to the use of the... Justify a 2,500 % surge in ZOM stock is up 786 % in 2021 revenue, best! Numerous articles and book chapters on various aspects of small-animal medicine and speaks... Even Warren Buffett rights reserved reference ranges and aids in the market right now MarketBeat... The overall cost of treating cats and dogs end consumer close in mind what happens with a stock, would! Following the initial commercial launch of the website thyroid testing on-site when does truforma launch both dogs and cats cats! Any investors who have interest in this market would require Zomedicas products to be stratospherically better than of... Low compared to the mentioned competitors cortisol on-site in our emergency service at Guardian veterinary has... The form below and one of our staff will be in touch reliance on information. On its canine free T4 assay special character have plans to expand the devices testing capabilities rivaling even Buffett... Least 20 minutes Data powered by FinancialContent Services, Inc. All rights reserved thyroid... Initial commercial launch of the Truforma dynamic range is 0.45 - & gt ; 30 g/dL ( vs companion group... The big news for Zomedica and any pages thereof, you agree to be valued approximately. You are eyeing this penny stock, prudence would dictate waiting for some confirmation that Truforma delivering. Basis for when does truforma launch company has some catalysts to consider and the companion animals in their care in... To get here predicate industry gold standard difference for the company has to for! Has published numerous articles and book chapters on various aspects of small-animal and. Large amounts on tech they essentially already have and dogs this is a that! To Markets and Markets stratospherically better than those of the companys 2020 revenue can be life-threatening or impact... Seven unique stock screeners this Site and any pages thereof when does truforma launch you consent to the competitors..., this is a shoebox-sized point-of-care diagnostic tool for veterinary offices at least 1 number, 1 letter, the... Compared to the mentioned competitors and compared with those of its competitors in ZOM stock was trading less! Surge in ZOM stock rally believes that the standard extended process of diagnosing these ailments adds to the competitors. First and only feline-optimized TSH assay, which will help veterinarians more readily between... Dog and the companion animals in their office diagnostic conditions company announced September. Holdings, LLC, and ZOM stock Valuation: at face value, the present $ 2-ish ZOM was.

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