The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Yeah that statement really as expected. Vaccines and testing (in many forms, but especially moving towards accuracy, speed and convenience such as PoC offers) are continued requirements for dealing with this going forward. Always have been despite the FUD being played out on various stocks right now to chime with UK politics (when I say expected, mistake is often to underestimate the lack of understanding generally, hence the current games, and I'm being polite). It's a long term business now. This is how we deal with it and 'get on'. (I don't think this is controversial but I guess 'JMO')
Anyhow, for the nerds on Monday night: https://www.southampton.ac.uk/medicine/news/events/2022/01/24-annual-wade-lecture.page
And for interest from France: https://www.connexionfrance.com/French-news/Leading-French-scientist-variant-of-Omicron-may-cause-new-Covid-wave
Already discussed here sherwood. Good luck carrying that around and finding a radiologist. It is an interesting 'proof of concept' for use of xray diagnostics, but y'aint going to be popping to your pharmacy for a scan.
Yes Expert, I believe the guidance states the last stage is the "regulatory approvals committee", I'd have thought there's a set date for their consideration so that it's unlikely to come through before they 'meet'. Anyway, guess we'll see around about next week if this 20 day thing is being stuck to
Seems Javid, interviewed this afternoon, has said "COVID is not going away, it's going to be with us for many, many years - perhaps forever, and we have to learn to live with it."
https://news.sky.com/story/covid-sajid-javid-says-covid-could-be-with-us-forever-but-hopes-all-measures-lifted-by-march-12520495
Didn't really need him to tell me this.... Anyway, as said all along and as the diagnostics industry knows, covid testing is now a long term business. Meanwhile, the market is playing along with UK political threads.
Real problem right now is the time delay in PCR in confirmation of infection for a virus moving this fast. Also in potential to become infected during that time.
Surgeries, care homes, pharmacies, hospitals would all seem to be potential targets.
I'm also interested to see if they can make something out of the likes of commercial shipping/cruise/offshore. Sports. Remote work sites, etc. (Testing those travelling to such sites, ships, etc just prior to embarking so your operation doesn't get f'ed up.)
But yes ref travel popping into pharmacy or wherever for a quick lamp test a much less stressful option time wise especially now some destinations want within 48hrs.
I happen to suspect there's something in the pipe right now but that's just an opinion
Well hello, did you just make that new account AND username to post that?! lol
(The answer is that molecular testing for covid is for clinical diagnosis and for industries where infections can be very damaging and expensive. If you get your head out of the daily rags you'd realise this industry has years ahead of it)
Nothing (at least nothing funded into the next year with new products out like this) is bottomless, just judging it is the hard part. Always gotta be prepared to misjudge it and see a further drop before it finds it, but that's how it is and ok if you're close enough to hold it out.
Roger, molecular testing is what is used clinically and will continue to be the level required for the type of industries the PoC will be useful to.
My thought has always been 'weeks' starres, and discounted anything happening over Christmas. It really depends on the other party/parties and the necessary contract work, we're in the 3rd week of Jan now, it's damn hard to judge but I hope we're getting to the territory
There is info on this
"......mortality rate of COVID-19. At present, it is thought to be substantially higher (possibly 10 times or more) than that of most strains of the flu."
https://www.hopkinsmedicine.org/health/conditions-and-diseases/coronavirus/coronavirus-disease-2019-vs-the-flu
In a bad flu year on average around 30?000 people in the UK die from flu and pneumonia, with a loss of around 250?000 life years. This is a sixth of the life years lost to covid-19,”
https://www.bmj.com/content/375/bmj.n2514
Assuming AIHL commercialisation goes well (and I believe it will), quite a bit higher than this. Add PoC cov and maybe military depending on your views and there's a wide range so I personally think it'd be foolish to speculate exactly where. Jmo, okay to disagree ;)