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Dave, if the only problem is being able to supply the demand then I will be very happy.
Swerves,
Not at all mate.
I think you know my style of posting by now. I just think the next few weeks are important. And anybody looking from the outside in should look at those things in the pipeline imminent before anything else. They offer a greater incentive to buy GDR.
Like what I posted in the other thread, we overlooked BC have done a deal with US government for ramp up testing. That for me is huge and current news.
If BC can get a government contract there, why couldn’t they get a contract with the government for their own lab.
Obviously we can agree to disagree on this.
Sartorius bought a part of their company which concluded earlier this year, it was generating 140 mill a year, Sartorius bought it for 750million.
Does that show the scope is Beckman/ Genedrive collaboration succeeds!
I know I am the new tamper but that’s equal to £14.42 a share.
12 weeks, 40 hours, 10,000 an hour at least 4 mill 800k.
Ooooohhh that be a good start. But could they afford to make that amount in advance?
Dave
I hope that GDR have used the approvals time frame to stockpile as many beads as they can?
Just hope they have materials to meet the demand when they get the green light?
Another good post, Defo something going down usa side. Which If is the case you would expect the same in India most likely Africa somewhere and maybe UK.
My concern would be if that is the case can we possibly supply that amount? Is max capacity 240,000 a day.
Safy that’s interesting and could indicate where GDR are focused in terms of US customer. The fact it’s all then in the Danaher family makes a lot of sense too. Sensational if it pans out that way.
The NHS lighthouse labs use Thermo fisher kit, it seems they are a notch above BC in the market place. However what most people have overlooked is that the US government are funding this expansion at these existing labs and it’s not the companies themselves. Yup you read it right...
The Department of Health and Human Services on Thursday announced $6.5 million for two commercial laboratories, Aegis Sciences and Sonic Healthcare, to enable the U.S. to perform an additional 1 million tests per week by early October — with the goal of adding up to 4 million additional tests per month.
So this proves BC are connected in the government. So given that the government wants to expand testing, again note the numbers here, additional 1m by October (when does our lab open? October ish? so it’s almost guaranteed we’ve missed the 1m expansion but the 4m which is post Oct??), err who’s in with government, just did the last expansion for tests to 1m? Who’s got a lab ready by end of October?
HHS provided scant information on the specific equipment that Beckman Coulter will be providing to the labs other than to say it will boost COVID-19 testing by up to 10,000 tests each day at 10 separate sites for a total increase of 100,000 per day nationwide. Beckman Coulter was not available for comment.
I wonder why BC were coy... maybe because they want to open their own lab? And by the time the lab opens the government want to do an additional 4m tests a day.
What I think is that 10k a day seems the norm, but there is huge scope to ramp it up. Thermo Fisher are rivals, they have a solution which can do more tests in this deal. If I was BC it would be time to put BC on the map and being customer zero they’d want to showcase something great to the government. Bodes well for the future.
And in the interest of keeping it balanced and to conclude, it could be 10k tests a day per BC lab on regular scale, and on hyper scale could be huge numbers. And every upscale BC do in the interim could also have GDR cross selling option. BC announce news around the same time as this contract, they could have being part of federal government 4m expansion contract in the bag.
Just my thoughts, hope it’s not a ramp. Definitely not buying advice.
Check this post out on twitter! Looks like Beckman Coulter will be rolling out a fair few machines by September...
https://mobile.twitter.com/Moilgas/status/1294284185650298881