News rich period incoming5 Aug 2021 13:25
A lot of tripe, fud, and low predictions (we're already at low mcap) being thrown at this as usual by the same old posters. The position of the products, however, is by my understanding as follows (and if the usual suspects are going to repeat themselves ad nauseam then I may as well repeat something useful). Corrections/additions welcome. Those who don't like it know where they can stick it.
Products/status
1/ AIHL due final release with distribution partner Inspiration Healthcare. CE marked; in PHE framework; NHS tested (2 NHS hospitals); unique; antibiotic use in infants guidelines updated to recommend testing; long term market anticipate primarily in 'developed' regions
2/ Cov96 kit being marketed in US and Europe (& elsewhere?) by Beckman Coulter and in India by Divoc. In PHE framework; CE marked in EU; ICMR approved and licenced for import in India; other approvals inc afaik South Africa, Malaysia, Thailand; still awaiting EUA in US; can currently be sold in US to CLIA certified labs; negotiations with an EU ministry of health still ongoing as far as we are aware; long term market clinical PCR Covid testing; detects variants, surveillance details here https://www.genedrive.com/assays/96-sars-cov2-variants.php
3/ HCV PoC with distributor Sysmex. In PHE framework; CE marked; trialled in Georgia and Cameroon by FIND; WHO pre-qualified, "eligible to participate in the procurement processes of UN agencies"; appears to have been taken up in a UNICEF supply division long term arrangement award March '21, possible NDA await confirmation; long term market UN/NGO priority, decentralised testing in the type of areas they're likely to use, use in for ex prison populations, surgeries, clinics. Also see https://www.finddx.org/
According to 350Dx article linked below "sales have resumed".
4/ Covid PoC now working. Currently being assessed in a Public Health England lab prior to CE marking; detects variants; long term market accurate clinical testing for Covid in decentralised settings; article on 13th July in 360Dx if you have access talking about this and the AIHL and HCV PoCs https://www.360dx.com/point-care-testing/genedrive-expects-ce-ivd-mark-poc-sars-cov-2-test-fall-advances-hearing-loss-hcv#.YQPhqEDTVPY
5/ Military, to US Department of Defence spec (and funded by them). With distributor Mountain Horse; currently appears in US DoD Fiscal Year (FY) 2022 Budget Estimates as far as I can tell for US Navy, Air Force, National Guard. Link courtesy of cwalsh https://comptroller.defense.gov/Portals/45/Documents/defbudget/fy2022/budget_justification/pdfs/02_Procurement/ROC_Vol1_DW_PROC_PB22_Justification_Book_Final.pdf
6/ Looking forward, TB PoC has similar application/market to HCV PoC imo. Again long term. See FIND again https://www.finddx.org/at-risk-populations/
Other/ Currently debt free with known cash burn. Low mcap. Sales or funding required in due course (if it comes to funding at this commercial stage debt financing may