Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
True Tonic, i watched the select committee hearing a few days ago. Dido was asked why her figures contradicted Boris's figures. She said the Prime Minister was quoting combined Antigen/Antibody testing & she was quoting just Antigen.
Interesting article, I'm still convinced mandatory isolation then a test of IgM around day 7-10 is the way forward medium term (as eluded to by Maylands email from RTC) , with the development of Mologic Antigen test for more immediate purposes. The original IgG test will be for Census purposes in specific hard hit areas.
https://www.bmj.com/content/370/bmj.m3699
"One fundamental challenge is that proper evaluation of any point-of-care test destined for mass screening requires a robust and reliable way to identify true infectiousness:"
The tweet highlights demand, incredible demand. We have secured equipment from them, had it delivered & assembled. Not as simple as it sounds in these crazy times.
100% sensitivity? No false negatives at all? Would be interesting to see what the sample size was.
Speaking of Roche, this was a great link back in the day.
https://www.belle.org.uk/news-1/2020/5/26/are-the-roche-and-abbott-antibody-tests-really-more-accurate-than-other-tests
Matt Han**** said the government had signed a contract for 10million of these tests in the link below (gets interesting 3 minutes in). Both the video & article are from around the same time.
https://m.youtube.com/watch?v=Vvj88qD9RXI
Totally agree Ray. Everyone has their own position. Those long long days of the 30's & 50's were frustrating, but look where we are now. To be honest not a lot of news either since then, just a stronger base to leap from. I am in deep here but I have done my research. AIM is risk but this has been derisked with an SP held back by institutional investers. Good, solid companies who don't RNS about vague daily activity always achieve.
A government order is so far down the list for me. Partnerships with the consortium have been established & they have a product in the RTC that is bulletproof. They are already developing a new product that also tests for IgM. They wouldn't do that between them if they weren't confident on demand. Mologic really excites me though, working with the guy who made the 1st commercially available lateral flow test in the 80's (pregnancy) which was revolutionary at the time. When/if Covid is done you've got CD4 with the exhanced capacity never mind Food intolerance. Boris visited Mologic in March, the antigen test is way ahead of schedule & maybe all the focus is on that in this stage of the pandemic cycle. The rewards for a POC antigen test are huge politically, economically & commercially. All bases are covered & the CEO has done really well to put them in a position to switch focus in any direction when they need too.
Colin said yesterday he has increased a specific dept from around 6 to 50+, BBI tweeted & published a 1m order from the govt then removed it. Omega have advertised today for a Sales Order Processer & the ABC representative is responding with firm prices for orders under 1m. Mologic triple test to come + the new IgM/IgG test from ABC, food intolerance & CD4. The clues are in the facts.
There hasn't been that RNS that does an SNG but these great milestones are a recipe for a perfect long term investment & I for one will enjoy every day of the ride with a great, prudent, honest company like Omega.
Love that Lebanese red Regulator. Great stuff.
I'm perfectly calm... and relaxing with a rather nice Chateau Musar.
Avizandum1, correct. Adding IgM makes it into a hybrid test. If lab capacity is going to get stretched even more, the solution will be to self isolate & take this test on day 5-7 from symptom onset. It's the only reason to add IgM surely? Am i right in also thinking samples that are currently sent to labs are perishable?
He has....
https://twitter.com/Sjopinion10/status/1304078417508347905
Hahaha Novice. I topped up at 90 today, only because funds became available. Not missing this party since my 1st buy of 34p. I can't filter you purely for comedy value.
"and I can tell the house that we will now be trialling a promising new antibody treatment on coronavirus patients in the UK".
Treatment implies plasma maybe? There's only one way to find out who has antibodies though & that's with a test.
Was that us?
Depends how you look at it. I can't call the man. It's allowed me to average up along the journey at very reasonable prices.
The brilliant thing is an explicit statement from the CEO about channeling any desirable product from our range into the manufacturing capacity & that decision is flexible due to demand. The RTC is great & I am proud of the collaboration of British industry. It is however the least profitable of all the range (probably) & I congratulate the company for promoting the entire range of products when they are at the negotiating table.
This machinery will also be in global high demand, a bottleneck of supply/demand & we've got it. Not on paper but physically on-site.
There is only one way out & that is antibody testing which will also be complimentary to a vaccine eventually. Antigen tests as a long term goal will just keep us in a perpetual state of flux.
Interesting read. Don't forget the line from the RNS.
"The Mologic lateral flow antibody test is a Point-of-Care test that differentiates itself by testing for three antibodies - IgA, IgG and IgM - picking up positive patients at an earlier stage than most other tests."