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when do we expect broker updates? after the acquisition?
And there's that little company we bought hidden in the results. Working out of Citylabs and the purchase listed as property and equipment. What is that for.
Upto 500k outlay but not deemed worthy of notifying us at the time.
Is it somewhere to have a bigger meeting room. I think not.
A will become clear. Maybe.
I've just got a feeling Jadam.
There is no way LR will be happy with the scraps or put all the effort into developing, advertising, packaging etc. They could have been doing something more aligned to our core business all the while, but chose to do the covid stuff.
There will be a rabbit out of the hat on this one I am sure.
Seen the reaction AVCT have had on their news today?
With our distribution network and lab partners across Europe and beyond I've just got a feeling that they will be fielding many enquiries and aggressively pushing this test. With its outstanding qualities it should by rights sell itself. LR is not daft, he knows where he wants to go with this. They wouldn't have put so much effort developing (probably) the best test there is, if it was just about a few hundred a week into a few companies. Something big is coming, and no coincidence they have now got cash to grow capacity.
Germany is one of 6 EU countries that have a covid-19 testing reimbursement framework (Belgium, France, Germany, Netherlands, Switzerland, Turkey)
As LR says, "The use of dual viral targets and assay controls provides a more reliable result, whilst also making it more desirable across several European regions which require the dual viral targets for reimbursement."
https://www.a-marketaccess.com/covid19
Note:- I do not know if the countries listed are the ones that require dual viral targets. We do know that France is one of them.
And I meant hot-spot, not hotpot lol. Now I'm hungry.
When I say why aren't we doing it I mean why aren't the airports/government going it (with our tests of course).
I suppose airports could go it alone. They are private businesses and want people travelling through their airports after all.
I see Germany is now testing everyone coming back from hotpots at the airport. You then go home, get results in 24-48 hours and if clear your free to go about your business.
It seems so simple. Why aren't we doing it, and more to the point why don't we do it with our platinum standard test and testing service.