Remember, Avacta moved their LFT production to Belgium where their latest acquisition Coris is based and have excellent LFT production facility.
Significant costs savings for Avacta !!!
Now also able to easily increase production if necessary.
If Covid should return under a new name, Avacta is ready.
With the potential of significant news flow from the company and when you consider the constant news flow from the majors, latest $240 bill Novartis about to be spinning off Sandoz and concentrate on clever medicine such as Precision Oncology, well Avacta is soon to be the hottest company in town and be seriously re-rated.
Meanwhile last hour or so, buy/sell ratio is certainly moving forward and the buyers are quite rightly getting ready for next week with Cohort results/ more noise from the majors and M&A in the hottest area in oncology: Precision Oncology! !