Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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if phase 1 is a success, phase 2 will be put in place with additional 700 machines
Phase 1: 300 each of the q16 / q32 machines
if phase 1 goes well, phase 2 could be an additional 700 machines to the NHS
Phase 2 at the discretion of the DoH - additional machines to be deployed
UK DHSC contract: phase 1 expected to be minimum £250 million
They are now on to the news this morning. DoH contract is the 2nd major contract with the DoH, key supplier in the UK national testing effort. over 6 months in 2 phases. EV of the phase 1 contract £250m. Can go up or down depending on how well being utilised
Now the juicy bits!
Youll have to keep guessing wilson
France and India are countries requiring 2 genes tests
SO they are alluding to the new products that Nova have developed (q16 / 32) are possibly going to be widely adopted in the UK under the contract that was referred to in the RNS this morning - dependent on the successful ongoing trial
2000 patients clinical trial for care home by Queen Mary University of London still in progress using the group's innovative near patient system
Partners an nda then
a lot of talk around decentralised testing - their own q-16 and q32 instruments - new contracts involves these instruments ( that are going to be demonstrated shortly on the feed)
2 gene test now released so India and France opened. Proud to launch antibody test - central lab test with a partner...
High throughput kit helps to deal with high volume requirements. Saliva sampling test that is being proven clinically and now part of IFU for standard product and there is a major review to see if this will be able to used more widely. Winterplex products - to distnguish between covid, flu a / b
They believe that Nova continue to have a market leading response to the pandemic. They were the 1st to release a research use test and 1st to get CE sign off. Theme is going to continue. They are not sitting back on their hands. Constantly working on new tests
Were able to increase x100 manufacturing capacity in 4 months
Mix, Us relationship, we need to hear about this, not obvious how this will affect ££££££€€€€€$$$$$$
we are the only in the market to assess the quality of our test on a weekly basis.
They will be touching on the second contract with the DoH in the UK in the next section of the meeting....
*reviewing - not asking!
Only manufacturer who are asking the tests a weekly basis (73,000 known sequences around the world) design stays in touch with the mutation of the virus in circulation
Strategic relationships in the US have been developed
continues to recruit: have 30 open positions for the moment
transformational deal - 1st contract with DoH in the UK