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There was a story planted to smear the DHSC and UK Gov in the media last night and unfortunately Novacyt got caught in the middle.
There were a number of DHSC contracts being negotiated, and some are still on-going. The first major one we saw was for NHS hospital NPT's. This contract took months of negotiation after a review of demand, hospital needs and competing products.
In England alone there are over 1250 hospitals, and these Q16 and Q32 devices and supply were being offered across the UK to any NHS Trust and hospital within that needed them. It was never expected that every single hospital in the UK would be ready to adopt next-gen technology. Expected hospital uptake over next 6 months is around 1,000 units and is still expected to be around 1,000 units. That has not changed and Novacyt have confirmed as much today.
There are various reasons for certain Trusts not taking these and unfortunately those reasons, which are good reasons, were made out to be a case that PrimerDesign's devices were being 'rejected' by some Trusts.
That's a mis-characterisation of the process and the media article was filled with loaded expressions intending to do damage to the reputations of all involved, chiefly the UK Government, but also anyone associated with them - such as the DHSC and by extension PrimerDesign.
NHS Trusts vary wildly in budgets and staff capabilities. Some are resourced with ground-breaking technology with some of the greatest minds in the UK. At the other end of the scale, we have highly capable and caring staff, but they do not have experience with testing protocols. This pandemic is changing that and more staff are being trained.
The hope is that in time all NHS hospitals will have high-throughput portable test devices, and to really ensure that happens, Novacyt is developing a new user-friendly process which removes the need for pipettes. The sample will simply be placed in a reaction tube and ready to go in the automatic Q-series device.
The Q32 partnered with the WinterPlex assay is currently the no.1 near patient covid-19 setup in the world. It has the ability to save lives in wards by separating patients appropriately and has an incredible throughput of 30 tests for hour, or 30 tests per 90 minutes when used with the flu/covid/RSV assay.
The existing Q16 and Q32 devices that are rolling into NHS Trusts at the moment, and hopefully care home and other settings this quarter, will all be able to use the new upgrades when launched.
These units are not simply for covid-19, they are part of an installation of PrimerDesign deep into the NHS testing network and Novacyt will be supporting staff training, product upgrades and test development for years beyond the pandemic.
Work of this scale takes time, but it is in process. These units are landing daily in hospitals and staff are beginning to use them.
Small NHS Trusts are right now becoming high-throughput de-centralised test centres - Novacyt is changing N
Thanks Tay great post and all should read!!
Bumping this to the top!
Hi tayq do you have a take on tamzins post yday evening or is it least said etc.
Which post are you referring to @Wilson63?
https://twitter.com/baggersbelief/status/1321035521779552258
maybe explains it..
Just love the press on how they put their own spin on things, probably why I do not take much notice anymore. They are very happy to take a cheap pot shot to boost sales.
Hey Wilson!
Yes and it's one of those things where bad news doesn't just drip in it seems to just come crashing down around you!
Easy to read into it all being connected but the PI World session with Tamzin on Novacyt was a long shot. It was a last minute negotiation which they loved but there was already a full schedule ahead for Richard and Tamzin this week. Last I spoke to Richard he said they were trying to make it happen for Thursday this week, but now they're looking at early November.
Will poke them this weekend and see if we can get something more concrete. It's better that it's done right I guess as it was looking very much like a rushed job in the end.
Everyone loves the ideas though, it's hard to find a company that you could literally discuss for hours and still not cover it from an investor's POV!
9 inch - failed in your prediction and you are on record as saying you will never post again. One to report to admin.
This all about rebuilding Britain’s diagnostic capacity. We got caught with our pants down when Covid came along. With a wide distribution of testing machines you are in a much better position to cope with high demand scenarios. NCYT’s machines can take 550 odd different Novacyt tests (both viral and bacterial). Once in place they will be staying put.
Tayq Tks for your reply
Infor25 hope that answers your question.
Triumph1 there are lots of long term investors here just because they sit in the shadows because they've all researched and all know what's coming.
Versa*** about to launch, either this week or next mostly likely.
And maybe our Jack is at it again!
This company is moving at phenomenal speeds. Gen 3 already in a single year.
I'm sorry but this is the disruptive innovator in the testing space. Everything else is just hype.
https://www.instagram.com/p/CG2GNAwhk7I/?igshid=wxuje13ue37d
Intresting ......pioneers
Tay, thank you so much for this information and links. HMG could do with someone with your skills in MI6/GCHQ!