Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video here.
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Commencement of the project to develop a COVID-19 test with the University of Sheffield
Further to the announcement dated 6 May 2020, the Company announced that Paraytec Limited ("Paraytec"), a wholly-owned subsidiary of Braveheart, was in discussions with the University of Sheffield and Aptamer Group plc to define a project to develop a rapid test for the pandemic pathogen, COVID-19. These discussions have now successfully concluded, and the project will now commence with Sheffield University, but without the involvement of Aptamer Group plc, today.
The test will utilise a highly sensitive light-based detection system coupled with a molecular "affinity" device to capture COVID-19 virus particles. The required affinity macromolecule (an aptamer which binds to the Spike glycoprotein on the surface of the virus) is now being synthesised for Paraytec by a UK university-based laboratory and will be supplied imminently.
Working with Professor Carl Smythe's group at the University of Sheffield - which has expertise in the field of synthetic bio-molecular sensors - the test will combine the use of the COVID-19 capture aptamer with a biomolecular signal generator configured to emit light in the presence of the pathogen, making it visible to Paraytec's detector.
Paraytec will own all foreground IP generated by the project.
The objective is to develop a portable test, which can generate a result in a matter of minutes from a swab provided at the test location and which requires no specialist skills for its operation. If successful, it could be used in airports, transport hubs, large workplaces and similar settings, where rapid screening of large numbers of people for presence of COVID-19 or any future emerging pandemic, is required.
The RNS was well written in the bounds of what information they currently have, welll done Trevor for the constant news flow
People moan when they do t get updates and then moan when they get updates. The company can’t win
LOL
Forget such trolling. The main fact and figure is that BRH is valued at £7.5M and AVCT £370M lol !!!
Fantastic news, the news flow is really good here at the moment!
Can see a good rise today!
For goodness sake guys, why are we even comparing.
Paraytec are producing a RAPID test for use in busy venues. Simple as that. Just focus on what we are doing, the market cap will come, it has too. When they announce they have a successful test, IMO within a month, the SP will be well north of here.
I actually dont care what any of the other are doing.
Seller hovering still
We can clear them. Volumes have been immense
News flow will keep on coming
WHO ever was selling has 1M less. I think it was Norris and he's running on fumes or is out.
We could see 2000L sanitizer daily profit RNS very soon. I estimate this to generate between £2 and £5 million a year which would make a mockery of our share price alone
The usual pattrern of BRH rainbow chasers selling early, followed by the buyers hoovering up.
When the company announces they will 'Imminently' have the Aptamer to produce a rapid C19 test people sell ! it is amazing. What do these people actually want or expect?
Bought in yesterday at 25.50p as I think the MCAP is tiny for what we have here!
The RNS have been average at best. The market doesn’t like words it needs figures. Seen it time and time again with AIM shares. Back to 20 again unless more RNS forthcoming.
Not another 1M sell because the fact is only DC time in would have one more million and they prob aren't even selling. I think the seller is prob out now
its all messed up honestly, NCYT posted 120m in sales (confirmed order)...yet
DLAR confirmed 100m contract yet has gone up over 300% since yesterday
*DC Timson
We simply have to wait until the next rns of the aptamer being provided 'imminently' and the test working.
It will be next to nothing to actually do the test. The cost/money for Paraytec will be in the sales of the kit and pesting strips. If it works you simply cannot imagine how many arenas, sports stadiums, events, cinemas etc etc etc etc etc, endless etc's they will be needed in.
Some holders on AIM cannot even wait long enough for 'imminently', they want even faster than that ! it is incredible.
This will only really move once they have something proven and are able to get it manufactured at scale.
That’s what I’ve been doing last week and yesterday. Have built a decent holding and can wait for this to re rate
Seller is non stop
Someone ask him to kindly do one
Why aptamer group pulled out ? THIS RNS IS JUST INFORMATION WE ALL KNOW.
People been saying seller gone for weeks. Speculating all day everyday and guess what? THEY'RE STILL WRONG! “Seller gone now!” next minute “wish this seller would do one” next minute “definitely out now” next minute “grrrr wish that seller would stop” and so on and so on.
We let a few bed wetters go this morning.
Wait til the share registry is updated!
Bye bye Adam
exactly, they talk too much nonsense
absolute zero clue about share investing
just making steady noise