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I think people can make their own minds up. Some impressive biographies in there all driving this company forwards with multiple lines of development in both the diagnostics and therapeutics divisions:
https://avacta.com/about/people/
Speaking of risk, there is a greater risk of blood clotting to women from the contraceptive pill than there is from Covid vaccination. I wonder how many will gladly take one but not the other..? With age, these risks are greatly outweighed by the risk of catching and spreading Covid. Not a great idea in a care home. It’s pretty clear cut to me.
As is often the case, it’s more of an education piece. I’ve heard plenty of anti-vaxer rhetoric and most of it is nonsense.
Careful what you wish for... RNS diarrhoea may be interpreted by the markets as excuse-making. We don’t need a running commentary, just updates at important inflection points.
At the moment we have a validated test with CE marking, exquisite S&S figures and multiple contract discussions ongoing. Patience.
I’d say tobacco / smoking is being clamped down on pretty heavily by governments around the world now. It doesn’t really add much to the economy when compared to, say, alcohol and its role in the service / entertainment industry.
Valid points, Hants. Straying off topic but the simple way of looking at it is it’s crucial to try and ‘fix’ the regular menace of Covid by means of vaccination and testing. Trying to change people’s lifelong exercise and eating habits and subsequent lasting poor health is a slow burn problem that the NHS can deal with slow time.
It is unfortunate that this slow-mo train wreck has been turbocharged by Covid. ‘Chickens coming home to roost’ springs to mind...
Nevertheless, it’s with us now and likely will remain a menace for years to come. Vaccines are the prime mitigation measure but, if you want to keep the economy firing and avoid variant / seasonal spikes, we’re going to have to test.
For every two steps forward we make, the virus seems to drag us one step back. With easing restrictions, this fine balancing act, for me, indicates that testing is going to remain a pillar in the fight against the virus... IMHO
Wyn, the average age of Covid death is higher than the average lifespan. Unfortunately, disease, cancer, accidents, strokes etc happen across all age spectrums and, as is common knowledge, a rampant Covid leaves us with two options: lockdown to protect the NHS or burn the NHS.
I’ll say no more lest I get dragged in to another intolerable debate!
The sense of balance - to your request for a sense of balance - is that Covid IS mutating rapidly. It IS beginning to evade vaccines. It HAS already crippled the NHS and caused a 5yr backlog in treatment. It IS putting people off hospital visits, pushing health problems further down the like for many.
These are not hyperbole, Wyn. They’re statements of fact. For balance.
Indeed. The thought of abandoning testing (as the mischievous subtly suggest on a public BB) because a certain portion of the population is vaccinated against a known variant discovered 6-12 months earlier is, sadly, as ludicrous as it sounds. In 2021...
Up to 8% of children contracting the virus suffer long Covid symptoms. Clinics starting to appear. The long term health implications of this virus are only just starting to emerge. If we think we can keep schools open in winter, allow international travel, mass events, bars, restaurants etc etc, vaccines alone just won’t do it. If only there were a rapid test out there that could be easily tweaked...
https://www.huffingtonpost.co.uk/entry/long-covid-clinics-are-opening-for-kids-what-you-need-to-know_uk_60c868f6e4b007ebdfad8234
You have to wonder if Innova’s pariah status has set back contract negotiations. Hopefully in our favour.
The world wants our test. We want to sell it... has the U.K. Govt suddenly perked up its interest with Innova’s implosion? Are we in multiple contractual negotiations but are unable to supply all parties? Everyone wants their slice of the pie but it’s only so large at the moment. Sales will come, that’s for certain.
The most interesting quote from the recent BBC article:
"This virus has surprised us a lot. It is beyond anything we feared," said Dr Aris Katzourakis, who studies viral evolution at the University of Oxford. "The fact it has happened twice in 18 months, two lineages (Alpha and then Delta) each 50% more transmissible is a phenomenal amount of change."
It's "foolish", he thinks, to attempt to put a number on how high it could go, but he can easily see further jumps in transmission over the next couple of years. Other viruses have far higher R0s and the record holder, measles, can cause explosive outbreaks.
"There is still space for it to move higher," said Prof Barclay. "Measles is between 14 and 30 depending on who you ask, I don't know how it's going to play out."
Sadly, I think a combination of 2/3 boosters a year and a LOT of testing is the only way we’ll keep the economy functioning over winter or *whenever* a new variant pops up. That is unless the RoW catches up with the vaccines and / or it mutates into a common cold. Which it shows no sign of doing at present.
**** for the world. Great for the most accurate LFT out there. So long as we can sell it!
https://www.bbc.com/news/health-57431420
I think it is worth a serious response. Let’s take a look:
- Cases rising in the U.K. due to partial escape variant. Easing of restrictions delayed. For now. Autumn fast approaching and we’ve been lucky with the weather so far.
- Cruises operating around the U.K. still having to skip ports and disembark passengers. Who were all vaccinated.
- Global travel still largely Red.
- Chile and Seychelles almost fully vaccinated, still locking down.
- Booster doses coming in Autumn for the vulnerable. Trickle down as before to provide booster protection against *known* variants.
- Rest of the world miles behind in terms of vaccination.
- Mutations allowing the virus to be MORE transmissible due to increased viral load, ergo no less deadly.
Whichever way you cut it, Covid is here to stay, as has been known for over a year now. Vaccines are great for keeping people out of hospitals, but to open the economy, allow mass events and unrestricted travel, testing is key.
Future mass testing may become more targeted, probably surging in winter to avoid further costly lockdowns. I suspect it will be mandatory for international travel for years to come. As and when new variants appear, they will spook the authorities and the demand for testing will surge again. Easier to post millions of tests out than it is to jab everyone.
After a few cycles of this, assuming it isn’t getting any worse, a refinement of testing may be considered. Maybe we’ll be just enough ahead of the virus to rely on booster shots alone. However, rest of the world won’t, so if we truly want to keep our borders open and allow travel and events, it’s here for the foreseeable.
The only way I can see the world stepping out of this nightmare is for everyone to be vaccinated or have natural immunity AND for the dominant variant to become nothing other than a cold for all who catch it.
How far away is that? 2/3yrs at best? 4/5 more likely..? If ever?
The clown claimed to have bailed 1/4 of his share the day before the 18% rise. Total throbber...
MyLuck
Posted in: AVCT
Posts: 119
Price: 212.50
No Opinion
I've sold10 Jun 2021 13:59
A quarter of my shares. Will be back when this hits the bottom. Friday.
Innova’s test is garbage. Somehow got through PD
Mologic have a decent test. Can’t get through
PD
Avacta have the best test with CV to prove it, having demonstrated their working. Can’t get through PD
There’s clearly a problem here and I’m not sure it’s Mologic or Avacta. An urgent enquiry into what’s going on and how this government expect to expand and develop its testing solution is needed.