RE: Global Diagnosics....25 May 2022 13:15
The potential is huge , diagnostic testing has been thrust into the focus of public attention and covid has accelerated this by many years. Poc testing will becoming the go to testing regime for many diseases. This is what the plan has been all along. This is what one of the biggest brands in the world Tata MD and Tata1mg are attempting to do in India. The sheer fact they have selected our instruments to trial is extremely encouraging to say the least.
Biosynex obviously are interested in our instruments with their extensive pharmacy connections for the same reasons.
The huge arsenal of tests that Novacyt have are a great starting point and no doubt the latest regulations that come into force starting May have taken up a considerable amt of R&D's time to ensure they are all compliant.
Next some of those tests , along side new assays need to be converted from RUO to make them more commercial.
The fact we have POC instruments that can be used outside side of a lab , can be used in remote locations , can process 32 tests per hour , intact 5 instruments can be run against one pc is unique in POC testing. Most Poc is cartridge based , one test at a time. I think there are plenty of positives and I have touched on a minuscule amount and it is why I remain invested. It's all stuff you are aware of P100 yet elect to add nothing of value and just whine. It is tiresome , sure we all spit the dummy on occasions,myself included but at least in balance I attempt to contribute research. Quite obviously it's all a bit of fun for you , some of us aren't amused. Take a moment to reflect. If invested you pushed the button , you had the opportunity to sell on several occasions in profit and later at break even. Own your decisions and grow a pair.