Member Info for Luke2

Funding is sorted.

https://www.lse.co.uk/rns/GDR/positive-final-recommendation-by-nice-p6wfr51euw9o5un.html

This test will be rolled out and used on approx 100,000 babies in the UK at £100 a test. Then their is the rest of the world.

I can wait, it’s called investing. I can also walk quietly away if I don’t like the way an investment is going.

They still needed one of your ‘death spiral loans’ Ray. They had the right assets, as have Genedrive.

Kodal Minerals.

https://www.riverfort.com/news-updates-2

All these poor companies in a death spiral? I’ve invested in a few of them and survived, as have they. Kodak Minerals I note up 40% in a year.

Massive Ray’s post 21st March - It doesn’t bother me of posters talk this down because I know they’re only here for themselves and not me.

Beware the new accounts it’s been known to come from the mm’s too …

https://www.lse.co.uk/rns/GDR/distribution-agreement-for-aihl-test-eibyc9prex9zx1c.html

This distribution agreement will be firing up, you can’t say they don’t prepare.

https://www.england.nhs.uk/2022/04/nhs-develops-world-first-bedside-genetic-test-to-prevent-babies-going-deaf/

Thanks MyIPA -I was mistakenly 20% down on pricing!

The article above no mistake by Mikodx - grant of nearly a million pounds from NHS.

Five thousand pounds for their machine and eighty pounds for each test. They have distribution agreements in other countries and the Nice approval has probably opened the door very widely for sales in those areas.

Tests £80 machine to read them £5,000.

This will fly of the shelves with FDA approval (process started) as average lawsuit claim for antibiotic hearing loss over one million dollars. They ask who the physician was who administered it and at what dosage etc.

So given the chance of a court interrogation or a simple test, I think the test will be the winner.

The only losers here will be the hearing loss lawyers.

£80 per each test.

https://www.oregonlive.com/health/2015/07/antibiotic_causes_hearing_loss.html

Over one million dollars per each hearing loss claim in US.

https://medicine.wustl.edu/news/antibiotics-in-preemies-has-lasting-potentially-harmful-effects/

Over three and a half million babies born annually in US and ten percent will be premature. Most of these premature babies babies will be given antibiotics.

Average claim for antibiotic hearing loss over one million dollars.

Average antibiotic hearing loss claim in US over a million dollars.

https://tmcreechlaw.com/gentamicin-hearing-loss-lawyer%EF%BF%BC/

Don’t forget a whip round for these poor guys.

https://www.lse.co.uk/rns/GDR/us-fda-pre-submission-for-genedrive-mt-rnr1-kit-zc9g40recvcprn1.html

Approval here should give the FDA application above a nice shot in the arm.

https://rnid.org.uk/2022/04/new-test-could-save-the-hearing-of-hundreds-of-babies-a-year/

They won’t let this test wither on the vine.

https://tmcreechlaw.com/gentamicin-hearing-loss-lawyer%EF%BF%BC/

Spare a thought for these poor guys, likely to have reduced revenues fairly shortly.