Fair enough. I agree this is a discussion, that encompasses all types of investors with different approaches to investing and different appetites for risk.I didn't see where you were going with "personal choice over science" as if that was a binary thing. Nor with SP movements on the back of misleading announcements. Is that a PEB thing or a general comment?
CXbladder is not designed to replace cystoscopy, rather to augment it. It's not an either or. Where there is, for a example a small amount of urine in the blood (hematuria), the options in the past have been to either ignore it, or go through an invasive procedure that may turn out, in many or most cases, to be completely unnecessary. CXbladder is accurate enough to be able to give an indication of a potential problem ( in which case a cystoscopy may be requested) or to give an all-clear (perhaps with a follow up scan). It's a useful middle path, diagnostic tool. The AUA's own journal of urology said as much in it's performance trial of CXbladder last year:
"For various reasons, many patients who present to primary care with hematuria are not referred for workup. However, the availability of a highly reli- able urine test that enriches the diagnostic yield in the hematuria population improves the proportion of at-risk patients being evaluated, resulting in a higher rate of early UC detection in the patients who are referred for workup. Cxb’s high level of clinical resolution to rule out patients without UC and prioritize others is likely to reduce referral time and enable specialist resources to be focused on patients most likely to have UC, providing a
clinically meaningful benefit and reducing the cost of care."
There re many health providers here in NZ, AUS and the US (including Medicare) that are now using CXBladder. They wouldn't do so if they didn't think it was diagnostically safe. The evidence is already out there, that it is a safe, useful diagnostic tool. The challenge is to get greater uptake. If PEB could get say, Johns Hopkins, on board, wide scale acceptance would follow. And we could all retire as millionaires.