Evan Greenberg's questions to DAXOR (DXR) leadership • Q4 2022
Question
Evan Greenberg asked about the history of price increases for the single-use kits and whether there is further room for price hikes given the product's value.
Answer
CEO Michael Feldschuh explained that the kit price was raised from $325 to $355 last year and that the company planned another increase to $385 at the end of Q1. He noted that these increases were well-received without customer pushback, which, combined with the product's strong value proposition in saving hospital costs, suggests there is substantial room for judicious price growth over time.