RE: AVCT tweet...14 Jul 2020 10:56
Good find Bud_Fox. Interesting quote in there that gives an insight into potential pricing and also how key the S&S is to FDA approval:
Just shows how pivotal the optimisation process is to this product, all those out there shouting because its been "nearly 2 weeks". Rest assured they are working flat out to have this to the standard they need for FDA approval. LAst thing we need is a rushed, sub standard product to keep the rainbow chasing PI's happy that will need to go back to the drawing board....THEN THERE WILL BE DELAYS.
Coming out of this process with "best in class" reputation attached is just as important (if you are a LTH like most of us)
"Apparently, one thing that may be holding up FDA approval of these tests is that they are less sensitive than the PCR. That means they’re more likely than the PCR to miss someone who has COVID-19, wrongly giving a sense of reassurance from a false-negative result.
This is a legitimate concern, but one that should not block their urgent approval anyway. We should welcome these tests, even if less accurate, and broadly adopt them for widespread community use. Here’s why:
They will be cheap. Estimates are that they would cost between 1 and 5 dollars. That’s around the price of a cup of coffee.
They can be done on saliva. No brain biopsy required.
They can be done frequently. Every day for college students, or healthcare workers, or bus drivers? Every third day for everyone?
They will answer the key question — am I contagious to others right now?