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Interesting to compare with Vatic website. https://www.knownow.com/
This is clearly an outfit looking at the direct market. I can’t think of any reason (apart from complete incompetence which I find hard to fathom given the Medusa capability here) why Medusa/Avacta are not setting this kind of thing up unless the volumes are already tied up with much larger contracts.
A few million for a PCR level lft to reopen their tourism industry is a small price to pay for these kinds of returns:
https://www.statista.com/statistics/640440/travel-tourism-total-gdp-contribution-spain/
Will be interesting to see what size orders are revealed via RNS, novacyt only ever RNSd the 2 govt contracts, even individual sales of £1m+ aren't deemed worthy of an RNS, so we could well be fulfilling smaller orders right now. However I sent a (genuine) enquiry last week via the avacta website for up to 10000 units via my business email account and haven't even had an acknowledgement, let alone a response.
I don't do twitter but maybe someone could ask Al if anyone is monitoring their enquiry email address from the LFT contact box, and if so, what is the point, as ignoring enquiries of genuine interest isn't great business sense.
Spain are desperate to reignite tourism, they validated our test and know how good it is, unlike many. Applying for Special Approval for self testing is imo a no brainer for them. Individual EU countries can apply through their respective medical authorities. In our case the MHRA, in Germany TUV SUD, why would Spain sit on a test when they have the opportunity too open their tourist trade.
There maybe a half term progress report!?
Access to an enigma machine to decipher the post?
Oncology progress depends on how much impact the delay variant has had. Even with the original timescale I think end of the year for first results was about right. Wouldn't be surprised to see it slip, but I don't think any shade can be thrown on that front
Could someone rearrange that for me please?
Eh?
Dosing of first Human trials should be taking place around now hopefully and positive results in the next couple of months fingers crossed
Is some of negative posters at shares people who support no support testing R vaccine..UK freedom Alliance. Twitter .do. some who no believe in tests R vaccine no want share.price to move up.
Pool53,
When is the cancer news due?
Exactly PL. The incessant drum beat around the SP will slide if this or that... stating the obvious.
The FOMO is what keeps them here. What they’ll ‘MO’ on will be huge.
Patience, we have been waiting for over a year now , things have changed, testing methods, variants etc the one thing that hasn’t changed are the constant derampers, they are doing it for a reason and the only reason I can think of is they have very very little dicks or they believe that this test will become life changing to a lot of us. Two weeks maximum now to see a upward trend for the share price then the big Cancer news and booooooom
I agree MCB. Hopefully they'll sort themselves out soon given all the talk of future pandemic preparedness. Meanwhile, we continue to wait. I think cellar boy on twitter should do another candle series.
Ponder this if anyone is wetting the bed, how sick would you feel if the day you sell after a year of holding in when the deals drop and you get locked out :-)
Spot on Bein, BBI have just been bought for £400m. I'd imagine as part of the due diligence they'd have checked what their pipeline looks like. Other manufacturers are expanding with or without govt help. Covid is a global issue, we have ties via mologic to Find/Gates Foundation, never mind all the obvious commercial opportunities. We have an excellent test. It'll happen, the only question is how many and the worse case scenario of 5m is transformational.
I believe that the reason no orders have been announced yet is because they are still embroiled in Govnmt negotiations/plans and until they are concluded (which is plan A) for better or worse then they cannot move onto Plan B (Europe/RoW)!
Another possibility is the government are playing silly buggers with this must pass PD, and not accepting the MHRA CE mark and our Spanish CE mark. I’m convinced there must be back handers going on with the Chinese, what other feasible explanation could they give.
We’re getting dragged into the weeds again. We’ve been told that commercial deals look more than impressive, and the evidence lining up points to a transformational set of numbers.
Yes we need the deals confirmed - but they’re coming.
Yes it’s incredibly poor that having taken over a year to get these approved for UK and EU markets that during this time orders weren’t teed up, Al stated start selling immediately, he HAS to announce orders on the 21st, no way can they have wasted a year not getting everything in place for this. The only thing I can think of is they really need the home use rubber stamped as pretty much all the tests will be self administered.
Agree, it's all about announcing orders and licencing, in the short term.
AS did state that production would not be affected, BUT WHAT AND WHO is producing.
Surely this is happening now and should be announced imo.
1. Validation as a self test
2. The replacement of PCR for travel with our LFT.
Regarding number 2, given that our interests are aligned, why not take out whole page advertorials in national newspapers with the airline industry to promote the use of PCR equivalent lateral flow tests? (Actually, we know that they are better than PCR in terms of detecting current infectiousness). If Innova can buy PR coverage, why can't we. Also, getting the arguments out there would force the Govt's hand.
Exactly Zoom. If you calculate any of those you'll soon get to a large number and we've got the market leading test. The main switch will be the govt will pick up the tab on surge but the others will transition to private.
I don't think they will test everyone but I do think there will be demand for travel, surge, workplace, event & medical institutions for some time to come. I would be surprised if any country relied wholly on a vaccine which isn't 100 effective given the deaths & economic devastation over the last 18 months & lets not forget the virus is working overtime to evade current vaccines.
What I find alarming about the new Russian variant are the doctors comments about established treatments not working.
Exactly this. If he announces zero orders and uses words like, shortly, tough, unexpected, looking forward, difficult, vaccine, it’ll drop below 200p. There’s nothing to do but wait and see.