The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://total-market-solutions.com/2021/12/omega-diagnostics-group-plc/
I've been away from this for sometime and not getting caught on the Twitter drama. Just looking for some sensible opinions/views
I missed the presentation earlier in the week, I understand that the gov contract is dead in the water BUT we still have a "gold standard" test we have an initial order with DAM health and capacity to manufacture up to 2m tests per week. Now we aren't tied to the gov doesn't that allow us to look to utilise this more? I know a massive factor of this is around self test approval which we can't be a million miles off getting an answer for. But we do still have a antigen test signed for professional use.
Have I missed something.....apart from the gov order yes I know the value could of been huge. But we still have tests approved for use currently (these can't be an easy thing to design and get CE approval for) and we can manufacture up to 2m per week....is our covid game really dead?
When are people expecting....do you think we will have something before the end of May?
Or will we be waiting for June? if the gov are looking to go back to "Normal" by 21st June you would expect a test to be ready to go by then....
Can someone tell me why we didn't get an RNS for the confirmed 75m order?
Testing is still required, Jan all secondary schools and colleges will test pupils that come back, airport testing so people can travel again, testing in Tier 3 area's (most of the UK) so it can get back to a level of normal! The UK needs tests and we manufacture tests, tests that are approved.
AZ vaccine ready in the new year our UK-RTC works alongside it....
The news will come, Colin has expanded workforce, equipment etc for nothing
Award Detail
1 Abingdon Health (York)
Value: £75,000,000
At last people are starting to see what some of us saw months ago! What a stressful share this has been!
When the UK-RTC gets MHRA approval what a good news story that is, i expect the gov to be shouting it from the rooftops
The only way is up!
The tweets just keep coming now! Someone has woken up!
We are working with AZ, 3 billions, that's BILLION vaccines have been ordered, 3 tests required per vaccine.....
just keep topping up!
BBC NEWS
A new vaccine that protects against Covid-19 is nearly 95% effective, early data from US company Moderna shows
However, it is not yet clear how long the immunity will last, or how well it works with older age groups = TEST TEST TEST
Is this vaccine any closer than AZ? NO!
This is will all over the press the weekend, testing is key and Matt Han**** wants a Vaccine programme to start in early Dec....it's not going to the vaccine that needs to be stored at -80. It is more than likely going to be the only that is rolled out alongside the gov backed antibody test....
Almost 3 billion vaccines have been pre-ordered. It is expected the demand for the UK-RTC AbC-19 rapid test will far exceed this as repeat testing will be necessary to insure ongoing resistance.....
Let that sink in
What has changed here....
We are a test manufacture, that is PART of a gov backed consortium.
Currently we can produce 200k a week, that are all accounted for until the end of Nov.
We continue to keep increasing production of tests until April when we plan to be producing 2m per week.
The whole country is planning to be tested and crying out for tests.
Nothing has changed.... just some official contract news.
is that PEEL complete?
Does AVCT test have any approval yet?
ODX 10m gov order
NCYT only got 2.5m
Consortium recently received an order from the UK Government for the first million COVID-19 AbC-19 TM tests. This follows a successful independent evaluation by a government advisory body.......game on!