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Colin said the cost to odx was 75 p with 100% mark up so odx charge £1.50
No one know's what the sell price will be, that's unless your part of the Omega Sales team. Nothing to see here.
Safy, exactly. This is why ODX wants to negotiate with gov to sell at least 25% overseas. The less the Gov takes, the better for ODX as they will sell for bigger margins overseas. NOTE: Roche and Abbott tests cost £85+. Ours is more accurate and fast going for £1.50. We can sell it for more money.
https://www.livemint.com/science/health/how-coronavirus-antibody-testing-works-11596434995906.html
"Antibodies are important because they prevent infection and heal patients affected by diseases," said Victor Padilla-Sanchez, a researcher at The Catholic University of America in Washington D.C.
"If we have antibodies, we are immune to disease, as long as they are in your system, you are protected. If you don't have antibodies, then infection proceeds and the pandemic continues," added Sanchez.
This form of foreign-antibody-based protection is called passive immunity -- short-term immunity provided when a person is given antibodies to a disease rather than producing these antibodies through their own immune system.
15m58secs in the Proactive interview? Manufacture costs around £3 & ODX costs around 75p? 50% total margin to the government is £1.50? Apologies if I've got this all wrong.
https://theprint.in/opinion/antibody-test-or-rt-pcr-both-needed-to-fight-covid-19-dont-rake-up-controversies/390290/
https://theprint.in/science/rt-pcr-antigen-antibody-truenat-all-you-need-to-know-about-the-different-covid-tests/448733/
they will sell all day long at 1.50p outside the UK (if things got desperate) heck if they sold the test at 1.50 in the UK they would sell 65m of them at 1.50 in 30mins. I can guarantee that.
1.50 is peanuts, you almost dont want the government to buy from us because there is more money to be made from other countries and ventures.
50% margin.
Do you mean to say the test cost 3 pounds and ODX get 75p from there? if yes im not asking about the sell price, how much does it cost to manufacture?
Didn't he say around £3 & ODX contributed around 75p?
Didn't say around £3 & ODX contributed around 75p?
Hi,
Can someone please confirm what it costs the RTC to produce an antibody test?
P.S Not sell but produce