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It is evident to me that we should expect and accept an annual booster jab in the same way as we get an annual flu jab. This booster may be limited in the same way as the flu jab is only offered as a matter of course to the vulnerable and given by a GP in the normal way.. The rest of us should test and self isolate until we receive a negative result - if those isolating were paid their normal wage with companies potentially receiving government support to cover the payments this would cost us, as a country, a lot less than and free us the NHS to get on with treating the sick rather than remaining a virtually constant jab provider as they appear to be now.
Also Gman the acquisition of DAM, a private company, would be a lot simpler and cheaper than a merger with ABDX.
Gman - that would of course be a merger as the market caps are ‘similar’ - I would not be against it but other than probably paying off and replacing the ODX board - potentially cutting overheads not really a lot of point. I could probably be persuaded.
Although DAM certainly seem to aggressively optimising the opportunities presented by Covid and by so doing providing a service to the community I do not know much about them as, so far, I have not taken the trouble to look them up. I also have not looked specifically at their turnover or profit information, which may not be available but I do not think the cost involved in buying them would be too great. It does make a lot of sense. On a much bigger scale when Barrick Gold purchased Rangold they effectively paid close to a ‘trade price’ but it was the board of the smaller Rangold that effectively took control of the larger group and Rangold CEO Mark Bristol became CEO of Barrick - a reverse takeover by another route. So Okehurst suggestion could certainly have legs but would require the existing ODX board to agree to accept lesser roles, concentrating on the production process and leaving the rest to the existing DAM board - from what we have experienced over the last 18 months personally my initial reaction would be extremely positive and I would certainly vote for it although I am afraid that such a move is unlikely.
Biden on Thursday signed into law a bill banning goods from China’s Xinjiang region unless companies can prove they aren’t made with forced labor. The crackdown on this key link in the global supply chain comes in reaction to Beijing’s longstanding oppression and mass imprisonment of the nation’s Muslim Uyghur minority.
I suppose I was pretty disappointed by the repetition, the obvious cut and paste, the repeated backing of the PR company, he seemed more concerned with their reputation that the plight of the shareholders but most of all with the continued trumpeting of the other products and their £200k contribution - I have lost more than they made and like most I invested for Covid. We can only look forward the past is history and the prospects are still good.
Perhaps a joint letter from the CEO’s of all those companies mentioned pleading for common sense and support - through orders of the UK Diagnostics industry would help but should they do an open letter to the press or a direct plea to Boris/Javid?
This is a worldwide problem and only an approach that treats the world will work.
Speaking on Wednesday, WHO Director-General Tedros Adhanom Ghebreyesus said that the rush in richer nations to roll out additional Covid vaccine doses was deepening the inequity in access to jabs that is prolonging the global pandemic.
The UN health agency has long warned that the glaring inequity in access to Covid vaccines, which has left many vulnerable people in poorer nations without a single jab as richer countries roll out broad booster programmes.
Blanket booster programmes are likely to prolong the COVID-19 pandemic, rather than ending it, by diverting supply to countries that already have high levels of vaccination coverage, giving the virus more opportunity to spread and mutate,' the WHO chief told reporters.
'No country can boost its way out of the pandemic.'
As we have found things change - they were scaling down but could quickly scale up - no reason that they could not agree use of government equipment and produce 2m per week - EUA would make a lot of sense to me whilst we are waiting for EU/UK approvals.
So the UK is likely to follow Germany and Israel and give us all another booster jab in four months…………..
For our purposes this is probably irrelevant what is more relevant is 10 day isolation reduced to 7 taking LFT’s from day 6 to 10. It’s all about the need to test and getting approvals.
I certainly agree that antibody tests should be used for the non vaccinated but it will not provide you with the very handy Covid pass - absolutely necessary if you are planning to travel abroad. At some point the usefulness and effectiveness of antibody testing will be recognised but at the moment other than for peace of mind it offers you nothing.
Simple, he is rightly reluctant to speculate within a tweet but will wait for confirmation before issuing a RNS - he, we, have been burnt badly by previous tweeting based on expectations rather than fact.
Whilst you opinion is as valid as anyone’s, I disagree. We know the approvals are key to sales. We, or at least I, believe that whatever the many shortcomings of the BoD the process for approvals is complete. We are rising on the back of others completing the process and will rise again when our own approvals come through which again I believe is close. Once we have the approvals we can finally sell our product here and within the EU, I will not speculate on the US which could certainly happen but by that time our full production may be accounted for more locally. There seems to be little reason for HMG to ask for the equipment back and so, I think, we will be able to use it. Approvals are a game changer and our relationship with Dam and Lansdown is a significant benefit in achieving sales. Your money your calll.
Well overdue Linkop, many of us firmly believe approvals are close. All documentation submitted and follow up questions answered. We have no control of the process and like others have we must wait our turn.
Lateral flow tests hit by 'supply chain' crisis before Christmas
https://mol.im/a/10331665
You repeat a litany of what turned out to be over optimistic tweets, each one has cost me money as I probably added each time. As we view it today, yes all wrong but and the Captain will love this, I still have hope that they were not just cavalier statements but based on information that the BoD had which they believed at the time and may still, almost despite themselves, come good.
But surely, as investors in the stock we have to hope that we will catch a break. We believe that we have the product that needs approvals, we believe that we have the production capacity to make a contribution and we believe that there is an increasing need for LFT throughout the world - under normal circumstances sentiment would be great and the SP flying but we have all been burnt by an over excited under performing board and so we remain cautious and apparently willing to believe the worst rather than hope for the best. You are obviously not invested for the future success so are quick to remind us of all that has worked against us in the past - of course your points are not wrong but those invested must hope, based on the positives, that things will improve.
I realise that Dominic which is why I was postulating that they might give us emergency use approval thus avoiding the normal process and costs - I accept Regulators point, he is certainly on the ball with regard to the rules, I was simply identifying the reports of the direction of travel and hoping that as our test is good for omicron we might catch a break.
Fauchi goes on in another article to warn that some of the LFT’s currently used in the US do not detect omicron - that’s positive for ODX as Mologic have confirmed that our test does.
https://mol.im/a/10318377