Member Info for Eureka01

Question to Slacker246 and Joey Bloggs 7, you obviously don't have much faith in the company or its products so why exactly are you here posting negativity day after day?

And just to clarify the cash issue, the company is already getting income from sales and when I spoke recently to the company, they do not anticipate coming back to shareholders for another fund raise.

Welcome aboard Ssccss. The final recommendation was widely expected.

“Our early model-based cost-effectiveness analysis published last year shows that using a rapid genetic test could lead to significant cost savings for the NHS. Using a rapid genetic test was £512 less expensive compared with no testing per patient, due to the prevention of secondary strokes and reduced hospital admissions. When you factor in the potential improvements in patient’s quality of life, the model estimates that the potential value of the test to the NHS is over £160 million each year.”

https://research.cmft.nhs.uk/news-events/manchester-leads-implementation-of-lifesaving-genetic-bedside-stroke-test

Actually my best sale was at £2.035

Another embittered past holder

Factually incorrect. The company has already announced sales.

“If adopted into routine practice, this rapid test, which has been recommended for use in the NHS by the National Institute for Health and Care Excellence (NICE), represents a major transformation in the way we manage stroke in this country."

https://research.cmft.nhs.uk/news-events/manchester-leads-implementation-of-lifesaving-genetic-bedside-stroke-test

I repeat again, what the company themselves told me:

""Commercialisation of the stroke test in the UK has already started. The company is in discussions with trusts, stroke centres and health Innovation groups. Most will wait until the recommendation is published at the end of July but the company is looking at first sales coming in from September onwards."

Is Earl as thick as he sounds? The title means machines for 2 different tests...AIHL and stroke. Not 2 machines for the whole of the NHS!!

I posted this back in June when the sp was under 2p:

: "No idea what the price will actually be if good news, as expected, arrives... but I'm pretty sure 1.5p will be a distant memory."

They've just raised £6 million!!

This news is already hitting the press. From UK Investor Magazine:

"Genedrive achieves major milestone with NICE final guidance"

https://ukinvestormagazine.co.uk/genedrive-achieves-major-milestone-with-nice-final-guidance/

Some are questioning the guidance. This is what the RNS states>

"The UK's National Institute for Health and Care Excellence ("NICE") has recommended in its final guidance that CYP2C19 genotyping should be used to guide clopidogrel use after Ischaemic Stroke ("IS") or Transient Ischaemic Attack ("TIA"), and that the Genedrive® CYP2C19-ID test should be used as the test of choice for point-of-care strategies."

Forget the semantics, this is the final recommendation (as compared to the previous draft recommendation) that the company and its investors have been waiting for!

Excellent news. As I posted earlier in the month from what I had learnt from the company, we can now expect sales to roll out in quantity:

"Commercialisation of the stroke test in the UK has already started. The company is in discussions with trusts, stroke centres and health Innovation groups. Most will wait until the recommendation is published at the end of July but the company is looking at first sales coming in from September onwards."

In response to a further enquiry I made concerning the publication of the NICE report I received this from the project manager at NICE:

"Dear xxxx,

Yes, publication is going ahead tomorrow.

You will be able to find the outcome in the overview once released. All information prior publication is still confidential.

Thank you for your interest in this topic."

Espen35, you're really digging a hole for yourself. As I pointed out at the time, the information in that email was no different from what the company had already announced in June!

Interesting response Espen35. I see you have posted no less than 21 times today...thus far. Whatever your take on postings I think most people would draw the line at blatant falsehoods like your post yesterday: "I know most people are waiting to see what the sp might do on Monday/Tuesday in regards to the news most are saying comes on Wednesday. But I have to say that RNS comes tomorrow, it has to." or baseless predictions "This has the look of a 20% up day"....actually down 4.27% on that particular day.

I've often called out derampers but beware also of the rampers. I've no idea where the sp will end up on Wednesday but I see a lot of new names here who appear to be in for a quick profit ramping the share to the high heavens. When you see statements like "Last chance to get in sub 4p" "Expecting close 5p or above" " I am expecting 7 to 8p close on Tuesday" take it all with a big pinch of salt. An example from another share, HE1. Someone posted here this earlier today: "Massive RNS this morning there - BOOM. Take a look." Well the news wasn't so massive, just commencement of drilling operations. The sp movement by the end of the day? Down 1.48%.