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The below is taken from todays BBC online updates.
Question...will Novacyt/Microgen be in a position by the end of October to supply the required LFT at scale?
'Asked why the switch from PCR to lateral flow tests for arrivals into England would not happen until the end of October, Shapps said it would take several weeks to implement because private testing firms did not have enough lateral flow tests to meet demand.
“This is a Department of Health [and Social Care] responsibility rather than mine, but my understanding is that the ramp up of supply of lateral flow through the private testing sector has some way to go in as much as they have been almost entirely involved in providing PCRs currently,” he says.
When questioned by Ben Bradshaw MP about why this was an issue as many test providers also offered lateral flow tests, Shapps responded that he thought it was a question of scale'
We have LFT's available, that always gets overlooked
We announced back in June we had capacity for one million LFT a week .
Novacyt delivers !
Where you can buy them bluelight? Need some for a trip to Spain next month
Makes me laugh how other LFT providers just went up 10-15% on the news, but we (who have lfts available the same as they do, all pending home approval) don't move an inch. Market sometimes forgets we aren't just PCR testing. Could be a cracking day for us tomorrow when it filters through to people. Perfect day tomorrow for a new product RNS NCYT, hint hint nudge nudge
2 reasonably sized buys just before the closing bell. 2 X 10,000 shares
No Problem NCYT selling all the LFT's they can produce then if lack of supply is the issue.
Great, we will be knocking out LFT's and PCR's all Autumn and Winter.
Most chemists (e.g. BOOTS etc) have FREE "COVID-19Self -Test (Rapid Antigen Test) kits for personal home use, each kit has 7 tests.
These Kits have a life-span of 2 years, and you can register with NHS as part of Test & Trace system.
But, these are the (Mainly Chinese) Kits the government are phasing out very soon, and you will then have to Pay for them.
hopefully, customers will "Buy British - Buy Novacyts".
But Blue the accredited labs we have established relationships with won't forget , nor any of the fit to fly.
Make that about 120 grands worth of buys in the last minute of trading. Tomorrow might be a good day after all
Im not 100% on it but I believe that you can't just use one of those in the post free chinese lfts as proof for travel. I think you have to get an accredited one you pay for to fly. Otherwise the gov effectively subsides travel, not to mention no one will actually take them, they'll just scan the barcode and put a negative result regardless.
Bluelight, you’re correct you can’t use the free ones. It even states on the government website that the free LFTs should not be taken out of the country either. You need medical validation, via either a video or photo of the test result, even if self-tested.
Correct Bluelight. Another masterplan by the government not thought through fully. Had they even discussed LFT production with the diagnostics industry to see if it was at scale ready to take over from PCR. Answers on a postcard please.
Travellers will still need a negative test so carry on with PCR if authorised LFT not available.
Register with the NHS, report your test result (Open to abuse of course as you are not providing any proof of actual test result),
receive Back NHS Email & Text confirming:
Who you are, D.O.B., Date of Test with your Result showing.
Think the App may have a little more detail and look more official, not sure what else you can have for a LFT result for travel.
Thx Monkeyfish - haven't travelled anywhere so not fully converse with process
Thats not accepted ChasPB, you can do that to go to the footie etc but its domestic. To travel you need to book in to a test centre for an LFT or video LFT etc. Has to be a proven test, not one of the joke tests from the NHS. I imagine many will try the free ones of course, but I suspect closer to date the gov will do a big info drive to tell people thats not accepted, and you run the risk of being put into isolation/fined. Another logistical mess theyve created for themselves of course.
That’s the problem bluelight we are not seen as a LFT provider and that is why we haven’t jumped up like AVCT or ODX.
That’s why the market needs bloody telling !
Come in NCYT get the bloody news out there !
Has AVCT even got a test ready for market yet :)
I’ve used BioGrad for my Day 2 PCR when back in the U.K. and BioGrad’s (don’t know who actually manufactured it) LFT, which you use abroad for your certificate to fly back. For the LFT, you take the test and then photo the test result next to your passport and upload it. A couple of hours later you get a certificate back, which is then checked by the airline before letting you on the plane. I did it properly, but it’s open to abuse, especially if it’s the process, which will replace the fail safe Day 2 PCR test. On PCR you actually need a sample for a valid test. On LFT you just need to add the reagent for a negative result. It’s a recipe for disaster in letting in VOCs and there’s not really that much cost difference between PCR and LFTs at the moment anyway, so the families that the Gov is so worried about aren’t going to save a lot.
Just catching up on the news - did AVCT/ODX/NCYT get the lucky ticket?
Or just pure speculation based on a tweet by somebody's dog?
Blimey .ABDX up 28%.
Eventually ...... the market will wake up to the reality, regardless of LFT. PCR, as to which companies are generating huge revenues/profit.
Shocking how NCYT is compared to all the loss making companies that have not made a penny from Covid tests as yet.
Yes they will..... No need to rush burnt fingers and gov ineptitude both sides of the pond.......P.roduction s.peed and stock.... Flexibilty..... Maybe a opportunity will arise
Does ABDX even have a ce marked professional antigen test, nevermind a home test? Avct doesn't have ce for their professional test either. Yet we struggled to close flat, welcome to AIM.
I really don't think the government thought this through, not ones for joined up thinking are they?
Too much gas and possibly other substances going around their heads ATM.