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Not sure if anyone is on LinkedIn, but Oxford have posted that they are now live in the UK and have done some tests already.
To my amazement they say Theve been sending samples to America for testing .
The expense and logistics is totally stupid
Hi
A specialist MRI can support staging a prostate cancer but not to detect early possible cancer . However the 750 pound cost of the test prevents it from becoming a screening tool .
It may be used once a prostate cancer is suspected either from a raised PSA result or possible from feeling an hard irregular prostate with symptoms .
If the price was dropped and they had far better data on populations then it could be come a tool for national screening .
Actually, just spotted one trade slightly lower @8.8375 was a sell
@8.88 being the lowest price of the day, must be a sell!
£44k so one knows
Might be worth dropping a line to the BUPA marketing g woman that was welcoming the deal via LinkedIn and ask her how many CiRTs they have bought to date and if the agreement to buy was unconditional which is the tone of the OBD RNS. It now feels like it was likely subject to recommendation by BUPA consultants hence the semi ar series to be ran this year. If I'm rightin that suspicion then the RNS was clearly misleading.
Dug, thanks - but to prove it is misleading we would need Bupa [ideally] or a number of patients to say that never happened , and even if we proved that , the statement is one of intent and his lawyer would say an honest intent.
Any other ideas?
Meanwhile anyone got any idea as to why someone would elect for a PSE at £750 in place of a MRI at £300?
In another indication that liquid biopsy technology is a rapidly growing and competitive segment a new Alzheimers test is to leverage funding from charity and NIHR to secure rapid validation at scale.
Sounds kinda like Transform Prostate which Burrows said OBD 'must be involved in'. Shame he seems to have forgotten to include this 'must do' in his recent description of key corporate goals for the coming year. .
Hi Tav,
I think the following from the BUPA RNS could well be deemed to be misleading given that the latest information suggests the ongoing interaction with BUPA is to be a series of seminars for medics.
"Bupa UK health insurance customers being considered for checkpoint inhibitor immunotherapy will now be offered the smart blood test, which accurately predicts a cancer patient's response to the treatment
· The OBD Bupa UK partnership significantly enhances access to CiRT in the UK and reflects Bupa's commitment to leveraging advanced precision medicine testing to transform cancer care"
So the question is what %age of BUPA patients being considered for checkpoint immunotherapy have been offered the CiRT test to date?I strongly suspect the answer as of today would be zero. We certainly know that total sales of CiRT continued at a ludicrously low level at the last update, and most of those will be attributable to the US.
Kong, what specifically can you point to; i.e rns number x quotes etc? If you can do that I am happy to write to FCA - have done so before.
Meanwhile I asked my gp what he knew about PSE tests and it was clear he had never heard of them. I explained what i knew and he said ' why would you bother with a PSE test for £750 if a MRI is £300 ? ' I said I thought it was all about accuracy and avoidance of unnecessary biopsys and i would happily pay for ither or both it reduced my worries. He also said there would need to be transport to the Oxford lab [ 40 miles] and ideally the tests would need to be rolled out to the other labs where the logistics were sorted. I was thinking of sending him a folllow up email and should be grateful for anything I can say that answers the question , why a PSE in place of a MRI. Comments gratefully recieved.
There was two buys of £41,000 . It said unknown last night.. 500, 000 shares.
..£18.14k
Dugwalker
Burrows should be legally charged with false misleading information.
Investors have lost huge amounts on his lies
He, the board and the Nomads should be accountable for allowing false news information
The FSA should start taking responsibility otherwise AIM is going to cease.
AIM is a disgrace at the moment
Kong
I am seeing my gp about another matter but , assuming time allows , ask what they think of PSE tests. Just now I am thinking that they will have heard nothing - we shall see and I will report back.
It appears to be a characteristic of this mob that they push out a 'positive' RNS to bump.up the share price whilst deliberately holding back an altogether less positive RNS just a few hours later.
Whatever happened to the non-dilutive financing all those named 3rd parties were clamouring to provide according to the greediest piggy?
We really can't believe a word they say.
404x
It’s a disgrace
The nomads should be accountable just as much for allowing misleading information out.
Is the rot to deep for the company to come back from.
Burrows was paid £588k in 2023 (the latest period they've given details for), plus retirement benefits, plus hundreds of thousands of warrants. Annual report has details, including his daughter's remuneration.
His total salary last year was already an increase of more than 15% from £506k the previous year, so for this year assume it's increased from the £588k further still.
One great deal .. yes it will fly - if you can believe whatever the "deal announced" is true. Am sat on a nasty loss probably like others but will just stick with it and cross something or other.
I cant see how ceo gets 400k a year on this turnover no wonder a 10 million loss .LOVE the product but not the expenses . However one great deal this could hit 50p
I’m out guys, at a pretty big loss. I can’t and won’t have anything to do with this outfit. The very thought of ‘his’ name sends me in to a blind rage!
Harsh lesson learned.
Good luck to all who remain. 👍🏼
20/20 hindsight is like runway behind you - utterly useless. 2023 saw plenty of fluff RNS announcements from OBD, including a few that were “artistically” worded. That is why the price increased as it did, followed by the subsequent collapse when the tide went out. So, we have a RNS today that they have spent money to open (yet another) lab’ which, incidentally, is behind schedule. That is not something worth buying stock over - certainly when compared against the “sensational” missives of last year.
This company has a credibility gap it needs to close.
Fizzle fa rt red by the bell!
Slacker, ytd the number of tests at UK facility was zero obviously.
Burrows is an over paid clueless muppet!
Also...
OBD will soon begin validating its other marketed precision medicine clinical test, the EpiSwitch Checkpoint Inhibitor Response Test (CiRT) (www.mycirt.com) within this new UK facility