The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Awacta’s market is global. The number of cases is growing and it is not due to an increase in testing. Testing globally is still woefully inadequate and it’s also decoupled from the actual spread of the virus. The virus spreads whether you’re measuring it or not. Just remember, Trump recently used this argument and was mocked and ridiculed the world over. We can put TW in the same camp as Trump, but we knew that anyway.
Suggesting that Covid is declining as the time between each millions cases becomes shorter is the weakest possible argument, this is excellent news. Those trying to knock Awacta are running of out arguments, all they have left is the nonsense that it’s disappearing and that the test isn’t ready yet. It’s being optimised right now and demand will hugely outstrip supply, we won’t be able to manufacture enough which is a great position to be in.
Keep these links at hand. Daily global cases:
https://www.statista.com/statistics/1103046/new-coronavirus-covid19-cases-number-worldwide-by-day/
Daily global deaths, you’ll note they are currently increasing again due to the recent surge in new cases and the lag between case counts and deaths:
https://ourworldindata.org/grapher/daily-deaths-covid-19
Both will reduce. It will happen thanks to Awacta. In Klaus we trust.
Just talking about reintroducing lock down measures In Leicester on the radio.
We are unfortunately in this for a while yet, second phase may well be upon us sooner than the winter at this rate
You may well be correct. The thing is that now if us know for sure. I know of 2 people that have had it. The first being a cousin of mine, fairly fit in her 40’s given the all clear about 6 weeks ago but still has bouts of feeling pretty poorly. The second, a part time driver for the company that I work for. He was elderly & diabetic but was very cherpy & enjoyed life. Sadly he ended up on a ventilator & passed away before his time.
One things for sure, whatever happens you wouldn’t want to contract this virus even in its mildest form. The decline is probably due to the direct result of the lockdown policy... I guess we’ll find out soon enough. Either way if the product works there will be a great deal of demand.
Avacta, actually see the US as the key market. That is why the Boohoo distribution network for the POC LFD is via MEDUSA19.
The network via Pretty Little Thing in the US is massive.
The timing is going to be perfect. The UK market is much smaller.
Cheers Rich.
It could also suggest that hospitals are getting better at treating the virus and more younger people, who are less likely to die from the virus, are getting infected.
@gatto
Daily death in the UK and US are thankfully falling.
International daily death rate reached a minimum on May 26th and has sadly increased from then.
More tests are being carried out and therefore more cases are being found. Both are good things. But testing should increase.
How can anyone really tell if the number of cases is truly rising when the significantly higher number of tests are now be conducted all around the world. The key stat is the number of deaths, which in the uk and us is on the decline. So if cases in the us is on the increase but deaths are decreasing, what does that tell you? More tests are being carried out which will inevitably flag up more cases.
Bump
https://www.statista.com/statistics/1103046/new-coronavirus-covid19-cases-number-worldwide-by-day/
States are starting to reintroduce lockdown measures. Globally, the trend on new cases is still rising
https://www.statista.com/statistics/1103046/new-coronavirus-covid19-cases-number-worldwide-by-day/
https://twitter.com/Laurie_Garrett/status/1277003440464498688
At least, not in the USA.