RE: strange23 Jan 2021 14:14
Draft, from my own research with the product numbers (and I could be wrong) it would seem the 15 minute test kits are just standard off the shelf Chinese versions but rebranded for IDH, however they are also able to manufacture test kits for other companies as advertised on their website so I am slightly confused.
As such I now don't think the 15 minute test kits will add much overall value to the company unless of course they sell them by the bucket load, also I noticed recently that Lateral flow tests have become somewhat out of favour with the government due to their inaccuracy (50% to 70%) as opposed to the claimed 95%, the airport testing shambles is a good example.
Luckily it has always been about their lab based tests which I hope have been significantly scaled up, the next trading update will be interesting and possibly prepare for a short spike.