Omega is the largest diagnostic manufacturer quoted on the U.K. market therefore is vulnerable to any other co wanting either to be in that business or wanting to convert from private to have a public quote
Now in use by HMG for the first time. Major step forward, acknowledging U.K. industry is almost big enough to be in play with more growth to come. Hence the recent new machines at ODX which will take capacity above 2m a week. Cannot understand why HMG did not use U.K. tests as top up right from the start
CK confirmed in the Q&A that all resources to make 2m tests a week were in place in April including necessary staff. Answer to Q5 thanks to Tom. And they have been busy. Yet we have seen the recruitment of production staff post April and the delivery of additional production equipment in early August. So capacity must be higher than 2m per week.
“ He said SureScreen tests, which have been partly assembled by Omega Diagnostics in Alva in Scotland, will form an essential part of the government’s rapid testing programme which has made free LFDs available to everyone in the UK.”
So what will HMG policy be going forward. It appears booster jabs only for the elderly and high risk which is the same as annual flu jabs. So what happens to the under 50s when the antibodies leave the building. Testing is going to be around for sometime
Thought she that is leaving did a good interview, liked all will happen in 4th quarter and that it is almost imminent which should mean we will not have to wait for the end of the quarter and she said all was on schedule.
CK said that they had been working with the EU regulator since July. I would have thought the FIND testing would have been the first key independent stage to determine accuracy levels. So if it was mid July til now we are in week 10, withe the final independent test being Ulster. So the approval should drop any day, as this will be week 3 following the submission of the final data. We are in exceptional circumstances so I presume the delivery was piecemeal rather than a data dump with a six week deadline.
Small businesses or any business come to that cannot afford to lose their workforce it is a false economy to allow one staff member to infect all and the business to have to shut down, or even a key part will disrupt a business, if they do not get the staff tested they are reckless
Just got back from walking the dog, no where near Alva, but have been pondering something tweeted by Bethel. He wrote they had already amounted 92m U.K. tests after naming the 3 suppliers. Now we know ODX have been making self tests as there is a photo in the annual report. We also know the contract £374m signed 7th May was backdated To12th Feb with a clause stating it was backdated to date of commencement. I believe that the trial tests were produced in Feb and were being made from April. If you add up the contracts of the 3 suppliers if I remember correctly the ODX share is about 22/23%. That of 92m tests is 21m and from April to end Aug there are 21 weeks. Boooooom