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    Antonio Eduardo ArceH.C. Wainwright & Co.

    Antonio Eduardo Arce is a Managing Director and Senior Equity Analyst at H.C. Wainwright & Co., specializing in healthcare sector research with a focus on biotechnology and pharmaceutical companies. He covers firms including Travere Therapeutics, Akero Therapeutics, Inventiva, and Sagimet Biosciences, with an average analyst return of 13.8% and a 45.4% success rate, according to TipRanks, and has documented over 998 price targets and ratings across 44 stocks. Arce has established a robust track record in stock recommendations, notably achieving a 108.25% return on Akero Therapeutics and consistently outperforming sector norms. He began his analyst career prior to joining H.C. Wainwright and maintains active FINRA registrations with securities licenses to support his professional credentials.

    Antonio Eduardo Arce's questions to Co-Diagnostics Inc (CODX) leadership

    Antonio Eduardo Arce's questions to Co-Diagnostics Inc (CODX) leadership • Q1 2025

    Question

    Antonio Eduardo Arce of H.C. Wainwright & Co. inquired about the regulatory timeline for the Co-Dx PCR COVID-19 test resubmission, the clinical trial schedules for the TB and HPV tests in India and South Africa, and the anticipated pricing and gross margins for the new platform's instrument and test cups.

    Answer

    CEO Dwight Egan stated that the redesigned COVID-19 test is prepared for clinical evaluations, with the start date contingent on disease prevalence. He confirmed that clinical trials for the TB, HPV, and multiplex respiratory panels are all slated to commence in the second half of 2025, noting that ample sample availability for TB and HPV in India could potentially expedite those specific timelines. Egan projected a $300-$500 price for the instrument and $15-$20 per test in developed nations. CFO Brian Brown added that margins on the device and tests are expected to align with historical margins on previously sold equipment and lab-based tests, respectively.

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