Member Info for bakky

because Surescreen are I guess! Odx contract is for all this future stuff no doubt. The govt are buying up Odx's expertise/time that is all rgds antigen lft. It looks like antibody tests will follow fairly soon imo!

anyone know just how many outfits are out there right now with a good lft anyway? I would think it will have to be British too!

CaptainS, something like that yes! The way they are doing it covers their backs, unlike before when they tossed millions at their mates. ODX already have a contract to manufacture!

I would imagine they currently are producing product as we speak.

I would think ODX are in a good position as they will make whatever tests are chosen to fill their capacity as per the contract they already have. Not sure it matters too much who's tests they manufacture, so long as they keep the machinery going flat out.

''Omega (AIM: ODX), the medical diagnostics company focused on CD4, infectious diseases and food intolerance testing, announces that it has agreed a contract with the Department of Health and Social Care ("DHSC") to provide manufacturing capacity for COVID-19 lateral flow antigen tests, as part of the UK Government's well-publicised target of producing two million lateral flow tests per day.



The intention is that as soon as the DHSC has access to a test that has successfully passed a performance evaluation, the test will be licensed for Omega to manufacture. As part of the contract, DHSC will loan a number of key pieces of manufacturing equipment.

they might be opening it up to others, but they will still choose who they want. Doing it this way is to stop any aggro they might get down the line.

''Whomsoever puts a takeover bid in will undoubtably want it a very cheap price''
Not the case at all! These massive potential suitors will likely wait a while to see if the business is sustainable and at what levels. They don't mind waiting and paying more if the company continues to impress and is rock solid!

what's anyone expecting from the Huff Post tomorrow? Something that will give this a lift maybe?

well the short works in with the IG thing.

it's like taking candy from the kids for the MM's here".

are these tests the last remnants of the Innova rubbish I wonder?

''yes unfortunately they are back of the throat and up the nose swabs, which I think could be a problem for some kids'',
The very reason the success rate goes to 50% or below with these lft's.

yes, WHI seem decent .

does anyone ever take any notice of broker reports, let alone one from FinCRAP?

bill = come and invest in AFC, Nice plug chap!

EK, well they will most likely still have some of that Innova carp to get rid of, and Surescreen are knocking them out too!

about all we know; Big profits next year, ahem, cough!

''Recent investments in the Group's UK-based Genomic Services offering and adaptation to constrained international mobility through the recruitment of in-territory commercial and support teams in North America, mainland Europe and South East Asia, coupled with the lower than expected revenue growth, mean that significant profitability improvements expected in the current financial year are now expected to be realised in the next financial year. Guidance on COVID-19 testing related revenues, by contrast, had been forecast to the end of March 2021 only, whereas these are now expected to make a significant contribution to the next financial year''.

I would certainly hope they will make the bottom figure of £18m+. So no worries there imv!

erm, all we know is the figures they can make public at this stage, deal with it for god's sake!

Gaz, nearly always costs more and takes longer than thought, especially the longer bit with govt. I must have missed the rns where it states the contract for upto 2m units has been cancelled. oh! it hasn't, so let them get on with it, and we can all whinge and bed wet if they don't deliver in April. Until then, and chill out!