CEO Comments - He is giving us all a clue on potential12 Mar 2020 09:16
We believe the commercial demand for and interest in our COVID-19 test could continue for several months as the virus continues to spread from country to country. We are therefore ensuring we are fully prepared to meet the increasing demand for the product, as we continue to position Novacyt to support the global response to monitor and contain the COVID-19 outbreak. The sale of our COVID-19 test has already generated significant revenue for the Company, which we expect to continue given the increasing demand for the test.
"In addition, we believe interest in our COVID-19 test will have a positive, long-term impact on Novacyt as new customers look to purchase our broader product range. We are already seeing an increased demand for our B2B capabilities as customers look to utilise our molecular design and development capabilities.
Expecting increasing demand and have increased manufacturing capabilities x 10. Can now do over 2million tests a month and more if required.
"We will continue to update shareholders regularly with the Company's progress, but we also ask shareholders to be patient as we try to respond to an ever-changing situation."