Member Info for KilkennyTed

Hedge fund suffers in choppy markets.
https://www.ft.com/content/87725d8e-870b-42a4-8f1b-e07ab58c354b

Great minds think alike.

We're definetly going to need a bigger van.

Report in Guardian on Friday highlighting shortage in testing materials. We must be selling well.
https://www.theguardian.com/world/2020/sep/04/covid-tests-running-out-in-north-east-england-gateshead-as-cases-surge

Government still considering airport testing.
https://www.thetimes.co.uk/edition/news/more-coronavirus-tests-considered-to-ease-quarantine-qjl0lxs9x

NKB100. What is our UPS? Do you mean USP? How about we are the only Government backed antibody test in development. We have seen other companies being given Government orders for diagnostics test's and some are still in development. Why are we having to jump through so many hoops I hear you ask. Simple, the RTC will be given a huge order for mass testing. The Government need to be sure that the product before release has had the most rigorous testing possible.
Some people complain about the length of time they have been invested with no return. This sector isn't the sector for making a quick buck. Product development takes time. The companies involved in this consortium have worked miracles to get to this stage in months. I for one applaud them.

We're going to need a bigger van :))

https://www.heraldscotland.com/business_hq/18696327.full-launch-later-month-omega-gets-covid-test-approval/

Usain is excluded from this as he has a poem to write.

Hi all. A bit of light reading for you over the weekend.
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/914931/s0712-tfms-consensus-statement-sage.pdf

Just raking over old ground. There was a conversation on here a couple of day's ago regarding the "Phantom Shares"
A bit form a piece in the Times 26th May. Payout over 3 years.

"Graham Mullis, the chief executive, was granted 1.1 million shares in November 2017 and Anthony Dyer, the chief financial officer, 376,643 under the so-called phantom long-term incentive plan. The performance shares are worth £3.6 million and £1.2 million, respectively."

Novacyt’s annual report states that the awards will vest on the third anniversary of the date of grant, subject to performance targets. Payment will be made in three equal tranches on the third, fourth and fifth anniversary of the date of grant, although each may be subject to the “company’s ability to make the payment”. In addition to Mr Mullis and Mr Dyer, a handful of employees are understood to have been granted shares, substantially fewer than the directors, under the scheme. Novacyt declined to comment.

Link from last night. Notice Jo Martin on moderator group.
https://www.rcpath.org/uploads/assets/9c674b06-f1b7-455a-a19ae77d99cf22a8/Testing-Methods-Bulletin-9-24-July.pdf
Prof Jo Martin on care home trial
https://www.qmul.ac.uk/media/news/2020/smd/rapid-pcr-testing-for-covid-19-being-trialled-in-london-care-homes.html

Lighthouse lab in Cheshire alone looking to build a team of 500 Lab scientists.
https://lighthouselabs.appellia.com/position.aspx?id=66958

Correct exmex. I forgot about Newport & you could count Cambridge as being the prototype.

Primer design tweeted about their involvement with Camb. Uni, AZ & GSK . But only after the Cam.ac article was posted here & twitter. For some reason Novacyt wasn't promoting this. NDA??? AZ & GSK grabbed the headlines but who had the test? :)
https://twitter.com/PrimerdesignLtd/status/1291279891015569408

Couple of interesting reads on the volunteers in Lighthouse labs. Not Novacyt specific. Just good to here the work being done .
https://microbiologysociety.org/blog/covid-19-testing-in-the-uk-lighthouse-labs.html
https://frame.org.uk/2020/08/03/inside-the-covid-19-lighthouse-lab-part-1/

@bramley1967. As far as I'm aware the lighthouse labs are 3 mega labs. Milton Keynes, Cheshire & Glasgow. Read this article, which I'm sure you already have. Make up your own mind .
Snippet's from article
"This formed part of the largest network of diagnostic testing capability created in British history, including 71 drive-through sites, 15 walk-through sites, 25 satellite test sites, 236 mobile testing units, home-testing and satellite kits and three mega laboratories."

"An innovative new COVID-19 test was also specifically designed and created for the Centre with a team from Primerdesign, part of the international diagnostics company Novacyt. The technique can be used across a number of different testing platforms to determine the presence of COVID-19 in a sample which creates a more rapid testing process."

https://www.cam.ac.uk/research/news/how-science-and-innovation-are-helping-tackle-covid-19-testing

https://www.ulster.ac.uk/coronavirus/research/research-output/pandemic-study

Great news. Another step taken.
The “triple antibody” test will provide health professionals with an accurate indication of the presence of IgA, IgM and IgG COVID-19 antibodies within 10 minutes.
http://www.omegadiagnostics.com/Portals/0/200903%20-%20CE-Mark%20for%20Mologic%20COVID-19%20antibody%20test.pdf

For those who don't have patience you'd be just as happy having a punt on. "Damut I'm Out" running in the 19.30 at Southwell tonight. DYOR of course as I know nothing about horse racing.
Good luck.

500m fund isn't just to trial new tech. It is also to expand existing pcr testing system. So even if we are not developing a rapid test ( who knows) there is still a slice of the pie to be had.