Test12 Nov 2020 17:12
What is important to remind ourselves, is that Avacta and the manufacturing consortium can produce saliva and swab rapid antigen based test.
Makes absolutely no difference to Avacta.
We have a company shortly about to produce news flow, which will confirm various upcoming events , BAMS, new manufacturing partners, CE approval and confirmation of a vast market, where demand will outstrip demand due to the ongoing Covid-19 virus.The whole situation provides the catalyst for continued growth and revenue beats.
The TAM ( total addressable market ) is extraordinary, the demand for rapid quick fire testing on a daily basis in workplaces,supermarkets, restaurants beyond the tier 1 demand will result in demand well beyond capacity.
The current development of the Pandemic, with winter and lockdowns being considered across the world, we are looking at a demand for tests well beyond 2021 and hence earnings numbers well beyond any current forecast.