To put it simple. The announcement on Friday was the government saying nuheara is a hearing aid company. If it's subsidised here in Australia then like most drugs in most countries around the world the same thing will happen. The only hearing aid of its kind and the subsidy is world wide the valuation like a patented drug becomes worth billions that's why the valuation will be 500-1 billion dollars because that's how much a patented drug will be sold to large pharmaceutical companies when an offer is made.
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