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Medusa19 has the exclusive distribution rights to directly deliver to consumers a saliva based rapid test, currently under development by Avacta Group Plc, for the COVID-19 antigen, subject to regulatory approval. As such, its immediate priority is to invest in the necessary functions that will enable Avacta’s test to be rapidly and globally deployed once it becomes available.
"Lets also consider the nightmare we could face when the cold and flu season returns. Without good, rapid testing, how will we know whether our sore throat is just a cold or whether it's covid-19? It could cause havoc in the workforce as staff won't be able to go into work until they know it's not covid-19."
Brilliant point Hants. This could almost be considered the third wave of this pandemic. A new wave of fear and paranoia when the cold/flu season hits. Anyone with just a common cold will be treated like a lepper until tested.
There have been fretters here concerned that Avacta is missing the boat and I myself have been wondering about the long term value of these tests. The quote above says it all.
Until Covid-19 is TOTALLY ERRADICATED from this earth, fast accurate testing will be needed. As time progresses more and more of the tests done will be negative (people will just have a cold). But everyone showing covid like symptoms will need to be tested anyway.
The fear and paranoia amongst governments and populations globally of allowing another huge breakout of covid-19 will handcuff them to testing for as long as covid-19 is a threat to their lives and economies.
Enjoy the weather this weekend. Stay safe and let's all chill a little more while waiting for Avacta's news. This BB has definately displayed some anxiety and heated tensions here these past few days.
A quick question, i am aware that Avacta hold patents on Affimers. How did they manage this when they were first developed by the MRC. Did they purchase the rights? or fund the initial project. And do they have rights on everything 'Affirmer' or just the implementation of them in their field
Rich i didnt want to say that research for the wife may have possibly lead you here and not my place to suggest why you may have been quiet. I do hooe your wife is on the mend.
I do think that we should now change this heading so that there is no association with Rich and sofa of the comments from last night.
The most important point is Avacta owns the patent and the trademark to Affimer Technology, so if we consider the number of opportunities available to them where they can be used for diagnostics and in therapeutics they have everything in their control. That is why they want partnerships! The opportunities to fast track growth when you have the ability to develop solutions in around 8 weeks to new requirements which can then be marketed those to various clients who then have to pay the company for their use becomes one hugely valuable asset.
The only way the competion has to take on Avacta is to have a different solution which doesn’t impede the patent and that will be very difficult!
In this case the intellectual property is with the scientists. Even buying the business, if you don’t have the people it is not worth the acquisition! So for shareholders including company directors who hold that is very good news.
If we end up with multiple giant pharmaceutical companies all partnering with Avacta the sky is the limit here. Once they have on each project the approvals and certification then the number of opportunities for infinite revenue streams is enormous.
If they get this right in a few years time they could (not saying they will) become one of the most important and valuable Biotech companies in the world!
The weeks ahead are going to be very exciting indeed. For any who are new to this forum and want to see the multiple oppertunities, please do watch this presentation:
I am very pleased I found this great opportunity and I hope you will be!
Thanks for the kind words from many!
I am still here, still fully invested and in fact yesterday I topped up again.
I was off line yesterday as my wife had to have a procedure at our local hospital relating back to the huge 11 hour operation she had last year. She is very brave but going through a very tough time. When I picked her up her first question was any news on Avacta? She was even sharing information on this forth coming test with the nurses and surgeon! They all said it would be amazing and hope it comes soon as the logistics and cost of the current PCR testing is a nightmare for staff and the lab teams. It is a huge resource drain! So there is another angle on the advantages of a POC Antigen test!
Any way thanks for all being so concerned! ;-))
I am not selling out any time soon my focus is the eye on the pre-CISION chemotherapy treatments as you might imagine given what my good lady has been through.
By the way, some know this, but Rich is not because I am rich, it is my name! So if any thinks I am saying I an rich Ken, no I am Rich Ken!
My investing started with saving £50 per month in a fund, then buying some shares and some 10 years later after some choice investments it has helped build a nice portfolio. You can start small, but with good choices you can make good progress.
I don’t follow the herd, I choice my own investments in sectors I like and I don’t always post on share chat boards that I am invested in. Well not until I have built a strong stake and I know it is looking very good.
Have a great weekend, I need to go back to looking after my good lady!
"Does anyone know when the group of 'racist, xenophobic, Islamophobic, elitist, bigoted people are meeting? or the "Conservative party conference" as it is also known."
Why do you find it relevant and necessary to promote, with an isolated statement your left wing lies on a share BB.
And as for your statements regarding EVERY US citizen you may want to look up the meaning of xenophobe
I'm quite new to this and will be holding long term,what I have seen the last few days is some people panicking and selling due to lack of news and a fall in the sp,
If like me you intend to hold although we all like seeing the sp rise there is only 2 sp's that matter the one you buy at and the one you sell at.
Did someone just mention Have I Got Flus For You?
Keep your head up cluelessinvestor, you can always take comfort from the fact that we are, and I'm proud to say, will always be far more tolerant and inclusive than America, just imagine if you lived there, you would be fearing for your life every day for no other reason than your race.
Of course as a country they are sick in large part due to the gun culture which puts everyone in a constant state of fear and anxiety, at least that's one thing we don't have in this country so I'm just saying sometimes it's good to look at the positives of this country whilst of course pointing out areas that improvements must be made.
Anyway sp to hopefully increase significantly next week with any luck!
This was on another thread earlier today..
Zurich ticket - 'Important' - Avacta is now regarded as TAM product - Affirmed regents is technologically more advanced and creatively superior to existing products in the market place. Product is now considered as Total Addressable Market (TAM) with 'outstanding' overall revenue opportunity - Ends
I feel ashamed to be English sometimes, other countries live in peace with other races and religons, but we always manage to make such a fuss.
Starting to realise as a nation how awful we are, we're slow to respond to Coronavirus despite common sense and other countries showing us what we had to do, we always lose on penalties and can't beat teams like Iceland, we can't lock up knife crime murderers and let them out after 6 months in prison. Our councils are run by people who want to promote cutting polution and cycling, but get driven to work or priority parking for themselves. The list goes on...
Interesteingand also very sad article on what's going on in the world beyond the UK: https://nyti.ms/3etMsHN
The world needs Avactas product. It might seem like the worst is over in the UK, but remember this is a global problem.
Lets also consider the nightmare we could face when the cold and flu season returns. Without good, rapid testing, how will we know whether our sore throat is just a cold or whether it's covid-19? It could cause havoc in the workforce as staff won't be able to go into work until they know it's not covid-19.
GG, the note is from 2015, there’s no reference to Avacta in the PDF just in the accompanying quote. Be lovely if Credit Suisse were saying it!
That's it hopefully it gets to that mark and can eventually take out the original investment.
Ignore the **** coming out of the negative racist prick and lets talk about the share we are all so positive about. Pleased to say im in for 40k now and just waiting for the positive news... £10 target to sell 3500 shares. GTR enroute... The rest reseved for the deposit come next april.. Would love to invite some of my fellow investors for the housewarming!
I started with what is the value of the antibody market. Lots of segments. Both recognition molecules.
I came to Avacta because of the diagnostics - modern diagnostics is in its infancy. Ability to identify maps of different pathologies and bespoke medicine. After looking at emerging tech it seemed to me affimers were applicable in some form in every situation I looked at. For example measuring and quantifying sRAGE as a marker of COPD with a home device like a diabetic meter.
When I saw the therapeutics and benchmarked them against similar stage biotech and potential they looked cheap even when take into account number that make it - the multiple projects and diagnostics reduce the risk. So if 1:20 chance they make it in £1B market they were still cheap. Anyway went off yack there - I'm using Ab market as TAM
One day I can say I was there
I'm assuming based on the previous link's footer that a "Zurich Ticket" is just referring to a research note put out by Credit Suisse. Happy to be corrected though!
Turvart, for heavens sake! £100 billion for benefits to Bradford - that's £285k for every man, woman and child that lives there! No, I don't think so. There's something seriously wrong with your mental health but you can find lots of help on the Mental Heath UK website.
Does anyone know when the group of 'racist, xenophobic, Islamophobic, elitist, bigoted people are meeting? or the "Conservative party conference" as it is also known.
Agreed, affimer is disruptive tech with monumental potential.
Still wondering who Zurich Ticket refers to, I’ve tried googling but can’t find a reference
Can I suggest we close the thread.
not rich Rich Ken has been located.
Nowt to be gained
Absolutely disgusting behaviour Turvart, do you actually read back what you type before posting?
This is a chat for AVCT, nobody needs to read the utter **** you are posting, keep them to yourself, they are not welcome here!
People like Tuvart have to exist, the conservative party always need people to keep buying tickets for their fundraising dinners, from some of his posts this evening I'd imagine Tuvart would be considered one of the more moderate attendees at those dinners.
It may have been that his views were considered too extreme for UKIP but there's always a place for him in the conservative party these days sadly.