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I think you've hot the nail on the head there. Profits from the lft tests will hugely accelerate the oncology work. And that's where the real money is.

Who are the likely candidates to be manufacturing for a acta for Europe and row? Would they be able to use bbi, odx and abingdon to produce and sell abroad with them being part of the UK consortium?

Wyndrum, I don't disagree at all that vaccines will reduce the need for testing. As it stands cases are falling due to a 3 month or so full lockdown with the over 70s vaccinated in the UK.

Testing will be needed from April through July August on a large scale to open up the economy for the under 50s. Any large event/ offices will need testing. You can't have all the under 50s in a lockdown till they're vaccinated. The economy will collapse further.

Unfortunately the Row isn't nearly as well vaccinated as the UK, so I'm guessing avacta/mologic will target this.

Without an Rns or direct mention from boris I think it will struggle to surpass £2. If there's more press though I think 2.40.

I do like the way avacta have redesigned the website. Giving the impression of a biotech company concentrating on many aspects in cancer and therapeutics that is also doing a bit with covid. Takes a good few clicks to find the covid 19 link. Brilliant. Very professional.

I live the way Al had re

It's not step change news until orders are confirmed and you can get an forecast on revenue.

Not to say there won't be a decent rise off the speculation. But the likes of 5 pound SP need a hefty order confirmed in an Rns imo.

Jeez. Can't take any more of this

I was just worried it was a first version of the AN test that failed.

So Avacta don't have a test thats ready?

Not heard any more on the Asian manufacturing since Al mentioned it in an interview.

Depends on size of contract with government with government? I wonder if it will be payment for certain amount upfront or on a rolling basis?

Depends on manufacturing partnerships and sales in Europe / row?

Ava600 will start to add some towards middle of year when they start the trial.

Avacta getting a bit of air time across the Pond

https://www.reddit.com/r/UKInvesting/comments/llxwha/avacta_the_uks_next_biotech_giant/?sort=new

Welcome aboard MagicJohnson and may I say you were my childhood hero!

Well done Avacta!

Great news

Thank you, wyndrum

What resistance points do you see, Wyndrum?

Benben

My thoughts are there is still another validation to go to get CE marking. Timescale of "around end of q1“. A misery guys could interpret that as June...
And no orders yet (publicly announced).

I get the impression his questioning was going via the back door. (no pun intended)

By validating in the UK. Once they are ce marked they can sell direct to UK government.

One validation in Europe and one in the UK as per the rns. Both complete. sell into both markets I presume.

Good luck to you, SkaGun! Well done.

Well done Team Avacta