RE: Biosynex board representation - Theradiag31 Mar 2022 15:07
Yes he was B2H , sorry attempted fraud scam calling across all my NW accounts this a.m. so now cardless in Donegal :(
With regards to Parakito and Theradiag it is clear they focus in on the target part of the company that interests them. I was unaware as I'd never even thought about location of sales , that Biosynex has such an extensive range of pharmacies that they sell into. Logical when you think about it. This number has now increased with their partial purchase of Parakito.
So what have Novacyt inclusive of Microgen Bioproducts got that they are interested in.
Are the R&D teams in both Primer and Microgen working on select conversions of currently RUO products for commercial sale ?
Are they just interested in specific types of tests that could be sold in pharmacies. Are they looking at instruments to install in pharmacies or just lateral flow tests or both ? It would seem logical that they seek to further supply the outlets numbering region of 20 ,000 with non covid tests. This could easily be packaged in some form of JV. The R & D expertise sits within Novacyt , they so far mainly buy in products . In the main 20, 000 French outlets so numbers grow as you go cross border. Would Novacyt be interested in this sort of JV , high enough numbers and the margin negotiation is easy.
Just some thoughts.
Alternatively they are clueless as to what Bio want and are mid sabbatical having done no R& D for nigh on a year and their sole reason for existence is to rip the beep out of all as some suggest. Perhaps D.A and the board will announce great new Golf handicaps come end of April and as P100 suggests deliver nothing come end of year.