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Wonder why!! We know we have multiple products about to go into production, and a company presentation on Monday. Join the dots..
"Aberdeenman
Back in March, that was the gov's plan to dispatch millions of home antibody test (failed of course) through Amazon and Boots. They want reliable products that's why the consortium was formed."
Agree t10, and yet another Gov't shambles, it is their main area of expertise (creating shambles in as many areas as possible), but I think that they will be sold in Chemists/Amazon, not via the Gov't.
Aberdeenman
Taxi for Macca back to the GGP board please.............!
"Oh and as for Amazon/Chemists, I think that will definitely happen".
You may well be right but the way things are going, don't see that happening until Jan/Feb next year.
"mass testing where everyone does it themselves in the comfort of there own homes, is just not going to happen. I think it will be done in a more controlled way."
You may be right!!
However there will be weekly testing, and perhaps daily antigen, of all doctors/consultants/nurses, and then there will be testing for those travelling, care home residents and carers, those wanting to get into theatres and sporting events, the millions of air passengers.
So doing it from you own home, yeah I think you may be right, but the working/travelling/entertainment/sporting event attending public could end up with multiple tests a week, so I am not fussed re home testing ;-)
Oh and as for Amazon/Chemists, I think that will definitely happen.
Aberdeenman
"What a stupid remark. Hardly a 'failed' business leader if you look back over his career at Sainsbury's and what he delivered from a digital and operational perspective."
If he was that good, he wouldn't have been pushed out of Sainsbury's and he'd still be operating in the private sector - rather than being given a sinecure in the NHS.
NHS Test & Trace needs competent leadership from public health experts - not more 'jobs for the boys'. Particularly when it's going to be responsible for deciding who gets what contracts for testing and test kits...
Every new leadership appointment outside the normal recruitment process increases the risk of future procurements and contracts being awarded on the basis of who you know rather than what you can produce and how good it is.
Lets see what happens when we get the presentation on Monday. But in my humble opinion, I think mass testing where everyone does it themselves in the comfort of there own homes, is just not going to happen. I think it will be done in a more controlled way.
The tests will be used and ODX will get orders, but not on the mass scale everyone thinks. Buying it on Amazon or from your local chemist is just not going to happen. But that's just my opinion I could be wrong.
What a stupid remark. Hardly a 'failed' business leader if you look back over his career at Sainsbury's and what he delivered from a digital and operational perspective.
"Mike 'we're in the money' Coupe!"
Another failed 'business leader', in the mould of Dildo Harding, appointed via the 'donations' network...
Mike 'we're in the money' Coupe!
It's already been mentioned previously.
Amazon and Royal Mail were front fronners for the delivery service.
Part 2
A Test and Trace source said: “Mike is coming to lead the massive scaling of testing. That is a retail delivery, distribution, logistics, manufacturing job, not a clinical one. His experience as a very senior retailer means he is well accustomed to the scale supply chain and logistics challenge.”
The service has been under pressure over shortages in laboratory capacity that sources believe are easing. Ms Marsh apologised this month to those who could not get tests. Lady Harding said that the problem was people without symptoms wrongly hoping a test would free them from self-isolation.
Mr Coupe stood down from Sainsbury’s after competition regulators blocked his plan for a £12 billion merger with Asda. Sales grew by a quarter during his time running the company, helped by a takeover of Argos, but shares fell by about a third.
He was praised for integrating Argos but criticised for over-reaching in the doomed Asda bid. In 2018 he was forced to apologise after singing “We’re in the money” between interviews to promote the merger.
The Times yesterday. Doesn't name any specific test but could be?
https://www.thetimes.co.uk/past-six-days/2020-09-30/news/coronavirus-ex-sainsburys-boss-mike-coupe-to-take-over-as-test-and-trace-chief-f50ps8g5p
Part 1
A former head of Sainsbury’s has been brought in to NHS Test and Trace to oversee the introduction of 20-minute coronavirus tests nationwide.
The appointment of Mike Coupe as testing director has set off a cronyism row, with warnings that the service was light on public health expertise.
Sources said, however, that a background in logistics, manufacturing and distribution was more important than clinical skills.
Trials of new testing technologies that give results in under an hour are being carried out around the country. Ministers aim to start making them available nationwide by the end of the year to help theatres and sporting events open with normal capacity.
The proposal is the first stage of Boris Johnson’s “moonshot” plan for regular daily checks using instant “pregnancy-test” style kits, which do not yet exist.
Officials, however, are optimistic that several different technologies, which do not require samples to be sent to labs, will prove accurate and practical. The government is also looking at other companies’ products, including two that will be made available to developing countries through a deal involving the World Health Organisation.
Mr Coupe, who retired as chief executive of Sainsbury’s in May, will take over responsibility for launching new technologies immediately and for all testing at the end of next month.
Sarah-Jane Marsh, the present testing chief, is returning to her role as head of Birmingham Women’s and Children’s Foundation Trust. “Thank you for all of the kind words re my decision to leave Test and Trace at the end of October,” she tweeted today. “Testing has come so far and by then we will have the capacity to test 500,000 people a day, but the challenge goes on and it will be a privilege to pass leadership of it over to Mike.”
Baroness Harding of Winscombe, executive chairwoman of Test and Trace, who worked at Sainsbury’s at the same time as Mr Coupe, said that he “will bring a wealth of experience in large scale supply chains, logistics and digital transformation”. In an email to staff seen by the Health Service Journal, she said: “Mike will undertake a period of induction over the next month, working with Sarah-Jane and the team across testing, initially focused on scaling new testing technologies, and will take over the testing helm when Sarah-Jane leaves us at the end of October.”
Justin Madders, the shadow health minister, said: “It is worrying that there will be even less NHS experience in Test and Trace after this change at the top. The fundamental mistake the government made with Test and Trace was to bypass existing NHS structures and go for unproven private sector solutions. It is therefore hard to see how this change is going to improve on the dire performance
Pumpky
that's the point with this, we're waiting on the government and their scientists and God knows who else to pull their fingers out and that is not a comfortable place.
If ODX and shareholders are waiting for the Government to make a decision I'M Out!!!
"They’ve been selling the antibody test to be administered for sometime unless uk gov have decided they will take the priority and exclusively making for them ?"
We need to be clear - they've not been selling the UK-RTC professional POC test. CIGA have been taking pre-orders (expressions of interest), pending a government decision. Once a government decision is confirmed the consortium will then know what capacity will be available to service those pre-orders and they can then be transferred to firm orders.
We would only expect an RNS for significant orders that would potentially have a material impact.
pumpky, lol. I was watching a streaming RNS feed at 7am and thought the same.
GDR released news yesterday at about 3pm. No reason the same thing won't happen here. Doesn't have to be 7am.
RegUK
‘Each member of the consortium won't be selling. The consortium will be selling as a single entity, via CIGA. the manufacturing partners, such as ODX, will receive a share of the profits - not the total profit’
It will of course be relative, usually with a contract like this then ‘ fair share ‘ is an important point.
If the Government wants 30M tests per month each member of the consortium will have their ‘ fair share’
in this case as an example 7.5M each
Which ever you cut the profit it’s irrelevant, each member of the consortium will enjoy the gross revenue less distribution / administrative costs.
With respect it won’t be a ‘ profit share ‘ the more tests you manufacture the more revenue you enjoy, it’s the only way it can work commercially, as I say ‘ fair share ‘ is the key legal phrase in a consortium that is not operating as one legal entity - not part of group of companies
I'd rather we sold away from the govt as make more money. The govt as always dragging their heals. Leave them behind as the Global market/govts are queuing up for gold standard antibody tests.
It may be agreed but not for release, odx will literally sign on the day of rns but have it in their possession way in advance. This 500,000 tests per day is to be cracked.
So close OEX RNS!!!
We don’t know the connection between tests being validated correctly and to the required standard and then orders to customers.
They’ve been selling the antibody test to be administered for sometime unless uk gov have decided they will take the priority and exclusively making for them ?
We haven’t heard of any Elisa development with antibody and the antigens to follow
It’s hard to know so we assume, next week may be an update on test developments which pretty much have been in track from when first announced
We haven’t heard about China buying food intolerance but a delay would be unreasonable with Covid, so then there Elisa tests and RTC which all members have released no info on.
I listened to Boris quote 70% ppe now made in uk against 1% prior Covid and their stocks are ready. I wonder how much of a change they intend to make with manufacturing diagnostic companies? Is this increasing appropriately?
There was a John bell video last week, he indicated a few poc, lateral flow bring trialled and were positive, I still believe poc, non instrument tests will play a fundamental part of the near term future and way forward into the next few years in order to maintain economic success.
Thanks
"RegulatorUK
the arrangement with the RTC, would this account for the lack of an RNS from ODX?"
Of the consortium members, only ODX is listed nd required to submit RNS to the market. Given the potential of news of an RTC order to impact the share price significantly, the BoD will be careful about how and when any RNS Is released - and it may also be impacted by any DHSC news embargo.
Said this the other day but business deals don’t just happen overnight, and the contract behind a government order will no doubt be onerous. If everything is in place and the government need our test as we all expect, then I’m guessing the finer details of the contract are being ironed out behind the scenes. They surely can’t announce it until it’s under contract?