Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
See you at sub 1p - absolute lemon of a business with a shambolic board.
13p
With the government's focus on care homes, let's not forget Novacyt's future plans discussed in the latest RNS:
"Mobile COVID-19 testing is being evaluated using the Company's q16 instrument combined with its ExsigTM Direct reagent and genesig® COVID-19 test. Trials in clinical laboratories are expected to complete in June 2020 and this mini-laboratory combination may be used in remote locations, such as care homes."
Let's take a moment to appreciate just a few of the key points that we know so far:
- 10 Million Tests per month from June 2020
- continued 100% homology with published SARS-CoV-2 sequences
- in excess of 50% Group EBDITA
- signed six contract manufacturing partnerships
- Chartwell Consulting on board to assist with the management of the scale-up plans to help deliver the planned increases in Primerdesign’s production, and supply chain capacity
- expanding key raw material supplier base
- Direct-to-PCR extraction reagent (Exsig™ Direct) to remove the need for RNA extraction reagents available for launch in two formats to accommodate different laboratory work-flows.
- Mobile testing coming soon for use in scenarios such as care homes
- test has been designed to run on multiple molecular testing platforms, which ensures the test can be used by the largest possible number of clinicians.
- CNR (Centre National de Référence des Virus des Infections Respiratoires (dont la grippe)) of the Institut Pasteur approval
- continuing to evaluate additional capacity options.
- High throughput COVID-19 tests will be available in bulk format with each kit containing 1,536 tests for use in 384 well format instead of the smaller 96 well plate format. This product will be very helpful for large high-throughput clinical laboratories and will launch in June 2020.
It goes without saying that the company is in a far stronger position this year than it was back in 2019, which obviously won't be reflected in the YE2019 figures.
Best of luck to all holders, this is only going one direction over the upcoming months!