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Test strips are $1 x 5 times per day x 30M diabetic Americans. How can this even compete? You can’t sell RF “per-use”.
by KMnO4 5y ago
Test strips are $1 x 5 times per day x 30M diabetic Americans.
How can this even compete? You can’t sell RF “per-use”.
- max-ibel 5y agoCVS sells their strips at $0.20 once you buy 200+. I'm sure you can get lower. And why shouldn't this compete ? Their costs will be lower than test strips, their profits could be very significant. They probably monetize with the device itself and then a monthly subscription for their tracking portal. Sounds quite reasonable to me. As a patient, I'd love it. Edit: As a startup, it's not your job to match existing offerings - it's to disrupt. Ask Space-X, they can't compete with Boeing either ;)