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CONMED Corporation CNMD

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52.83 USD -0.83 (-1.55%)

At closeNov 5, 2026, 4:01 PM EST

52.83 0.00 0.00%

After hours · Nov 5, 4:01 PM ET

51.71 Day range 54.56
31.44 52-week range 54.56
YTD
+30.12%
1 year
+18.88%

Discussion (1)

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Man Davies CNMD 6 years ago #1

$OCGN

How many knew that Ocugen had a partnership which contractually GUARANTEES them revenues from Covid19 Antibody Testing?

(re: page 22 of annual report):

https://www.sec.gov/Archives/edgar/data/1372299/000110465920053502/tm2017927-1_10ka.htm
Collaboration with Advaite, Inc.
 In April 2020, the Company entered into an agreement with Advaite, Inc., (Advaite) to provide certain support services for Advaite's development of a diagnostic test kit that is designed to detect antibodies to COVID-19. ...{Ocugen}... will receive tiered royalty payments based on cumulative net sales of the test kit.

The projected market for Covid diagnostic testing is $61B AND GROWING!

https://www.globenewswire.com/news-release/2020/05/28/2040176/0/en/61-Billion-In-Vitro-Diagnostics-IVD-Market-Assessment-2020-Implications-of-COVID-19-till-2025.html

MORE IMPORTANTLY Advaite is NOW MOVING on Covid Antibody Testing!

https://www.linkedin.com/mwlite/company/advaite
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The BEAUTY here:
NOBODY KNOWS Ocugen will be collecting potentially BILLION$ in COVID DIAGNOSTICS revenue! They NEVER did a PRESS RELEASE!