The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Coulda shoulda woulda....are GB and Co even looking at the UK as market opportunity or still focused only on overseas markets?
and this is just the UK market....how much have DVRG been working with Europe, Asia, North America and beyond...?
So, we have an upbeat CEO who strongly hints we are in the Porton Down process and then we get an official document from the goverment on how a BT should work!
Not much competition out there in the BT market (especially ones that can do mass testing) very possible this document has been written purely for our benefit.
Just another point I want to make. The need for a reader concerns some but if memory serves me correctly I believe I heard they cost around £120? Can anyone confirm / correct.
If correct I don't think its crazy to think the goverment would consider getting a reader into every household in the country. Lets say 20 million households x 125 = 2,4 billion, thats not actually much compared with some of the other covid cheques they have been writing.
This would mean everyone can test as regularly as they like / need at around £3/4 a test compared to a more expensive land fill wastful LFT. Basically the cost of the reader would soon pay itself off from the savings of not purchasing billions of one use only LFTs.
We were told the BT chips can be modified to pick up new strains / viruses so it would be a good short and long term thinking problem solved!
Exciting times!
Tweet confirms we've been working with Govt on this...
Porton Down and Oxford Uni...
Guys its St Paddy day...
A very good find. The government now see it as a sufficient method of testing based on that document. We (potentially) have the product ready to roll later this month. If we can prove it works, with a high detection rate, then we must be on of the first applications through the door. Not only this, but the integration with the app, and thus allowing a (health)passport of sorts is the exact type complete solution the UK gov need.
March could be massive for DVRG!
Wow, great find trillsg!
I will give it a full read later but as you say. You don't get your documentation in order and put what I'm sure would have been many meeting hours of work by a lot of filed experts to deciding what all the requirements need to be, Unless! You are serious about using it... Great and significant find indeed.
The list of other illnesses after COVID is large too. - let hope we’re somewhere near. - great to see a standard to be working towards. (Or a standard written around our device) fingers crossed .
GLA
Good find. The acceptable sensitivity of 70% appears low on the face of it, although desirable is 97%. We know optimers/affimers have high specificity. It leaves a lot of room to allow a breath test to pass.
They must be considering it to create this guide!
3rd March 2021
Target Product Profile
Rapid Breath Tests for the direct and indirect
detection of SARS-CoV-2
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/966283/Breath_TPP_Final_version_v1.0.pdf