RE: News from PM first...5 Feb 2021 13:29
Looks like mid-Sept 2020 when LFT ‘direction change happened.
RNS 07/09/20 ELISA test – “Avacta remains focused on the much larger opportunity of the saliva-based coronavirus antigen rapid test that we are developing with Cytiva and which is now in the process of technology transfer to our manufacturing partners.”
RNS 30/09/20 BAMS – no mention of Cytiva. So, by RNS 23/11/20 Test Update, looks like Avacta had been working on a revised test for ~2 months. Would have thought it should be working, tested, validated, approved, etc. by now?
Last 4 RNS’s updated footnotes …
“Avacta's Diagnostics Division works with partners world-wide to develop bespoke Affimer reagents for third party products. The Company is also developing an in-house pipeline of Affimer-based diagnostic assays including the AffiDXTM SARS-CoV-2 Lateral Flow Rapid Antigen Test and a BAMSTM SARS-CoV-2 Assay in partnership with Adeptrix Inc.”.
The LFT has a trade-marked name - the AffiDXTM SARS-CoV-2 Lateral Flow Rapid Antigen Test.
Prior to that (up to and including 07/01/2021 Licence Agreement with POINT Biopharma Inc.) the RNS’s were only mentioning that …
“Avacta's diagnostics business unit works with partners world-wide to develop Affimer reagents for evaluation by those third parties with the objective of establishing royalty bearing license deals. The Company is also developing a small in-house pipeline of Affimer-based diagnostic assays for licensing”.
The Avacta web site was recently updated to show SARS-Cov-2 tests ‘front and centre’ (well, now ‘front and right hand side’).
Affimers work, for example Affimer-based SARS-CoV-2 BAMS assay is for sale (OK, research only) …
https://www.adeptrix.com/store#!/SARS-CoV-2-S1-Glycoprotein-Assay/p/234586062
GLA