LK needs big pocket buyers to kick off another run
Man Davies
Posts (4982)
Slowly adding 50k
$OCGN <- My apology for being a MAJOR PITA yesterday :)
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 $61B AND GROWING!
MORE IMPORTANTLY Advaite is NOW MOVING on Covid Antibody Testing!
https://www.linkedin.com/mwlite/company/advaite
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The BEAUTY here:
NOBODY KNOWS Ocugen will be collecting potentially BILLION$ in COVID DIAGNOSTICS revenue! They NEVER did a PRESS RELEASE!
B O O M!
Advaite/Ocugen Covid Antibody Testing will cost a LOT more than a straight virus test
$61B Covid19 Diagnostic revenues projected AND GROWING!
To reiterate. ZACKS has Ocugen as a STRONG BUY, with a $1.63 price target: https://www.zacks.com/stock/quote/OCGN?q=OCGN
Even MORE interesting, Zacks has Ocugen rated #10 of 253 companies, in its industry!
Industry Rank:Top 4% (10 out of 253) Industry: Medical - Biomedical and Genetics