RE: Exsig™ and US2 Jun 2020 21:46
So a little summary as I have just been chatting with some other very knowledgeable novacyt holders and re-reviewing the RNS in detail. I think a lot focused on france and missed the gems and fact Novacyt are making themselves a number of USPs in the diagnostics market and adding even more revenue.
1) Notice the RNS about "sales of the Primerdesign COVID-19 test are €45 million (£40 million)" . This explains the £9m cash as per results when people tried to bash us over it.....we know total orders comes to £120m currently so I think you can quite easily say we will be sat with a very nice cash chunk far far higher than £9m right now and lot more to come, some analysts have realised this.
2) During the second half of the year, additional COVID-19 related sales are expected from the Company's new products, Exsig™ Direct and Exsig™ Mag, and from the Company's mobile testing solution - This is what I will call our new gamechanger and cash cow - I don't think many have realised this and a good holder pointed this out to me...……..exsig direct can be used with any test as long as they use the Genesig master mix. Exsig and exsig mag can be used with any test as it's just a reagent......now think many big boys would like this tech hence why the TM we keep seeing is so important and no doubt we are putting patent in place
3) Mobile testing - The mobile COVID-19 testing solution is a combination of Exsig™ Direct and the COVID-19 test optimised to run on the Company's proprietary q16 and q32 instrumentation. Both Exsig™ extraction reagents are on track to launch during June 2020 and the mobile COVID-19 system will launch in July 2020 - Now yet another revenue stream, these tests can be done in the "field" so think about the potential and they are the gold standard. The q16/q32 go for around £15k a pop so think about that value.....All sports clubs, airports, private business etc. could end up with one.
4) Novacyt is also pleased with the progress it is making in the US market and expects to update the market in due course - This is a specific, we know we have an OEM and we know we are looking for US Sales Manager, a lot more to come of this, join some dots.
5) WHO tenders - I have shared a world aid/governments tender site before, if you sign up you can see all the tender opportunities in progress, a lot more to come.