RE: Novacyt has been my worst ever decision in life.30 Sep 2024 08:49
Regarding mpox, the reason ncyt have sold few tests only is that it is a RUO product and there are another 50 mpox tests listed as available on the WHO site, not all RUO and many Chinese that likely to be cheap!?
It wasn't clear that ours was still RUO until LR confirmed in the presentation but i think he said they planned to work on changing that and definately said that they wanted to add the 1A strain to help! So perhaps that work would make novacyt more competitive in mpox market but we are behind in the product rather than marketing/sales technique it seems. I don't think that they lost an opportunity, more WE were jumping on the potential opportunity to see share price rocket (by sales of a product that isn't currently competitive) !? Sadly so wrong.