Alde yes the green boxes are just like square Xmas trees
Under plan B looks like football/rugby ground sponsorships will require more tests than 200k a week
When the contract was announced, one of DAMs business development associates tweeted Visitect will be global in Dec. Now the last list of approvals was 10th Nov, the 2nd Wednesday of the month. That is 8th December for this month for public notice surely firms aren’t notified from the public listing one would think they would be told prior to its issue. It’s close folks.
Beynon ODX said they can use the equipment either DHSC have confirmed as such or there is a condition of the contract which allows them use when the contract expires
Big bangs agree totally with your statement as far as the DHSC are concerned it is probably an administrative failure probably confusion more tha anything and it could still very well happen. But that is why ODX made the public statement legally they now are in a position where they cannot be sued as they have removed all doubt about the contract status. It is now up to the DHSC to take corrective action otherwise ODX has the equipment available for commercial orders.
Gman ODXs tweet Friday night said the equipment was available
Most have seemed to have missed the whole point of the public statement made by ODX. Technically the contract has lapsed because DHSC has not notified an extension. If OdX had not stated they considered it had lapsed they would not have access to the equipment it would have to be kept available for DHSC production. Now if ODX can chase more deals and if they receive a commercial deal where they need the equipment they do not want to be sued by DHSC for being unable to fulfil the DHSC contract at some point in the future if and when DHSC put in an order. Without that clarification they could not pursue more orders.
Lansdown on the case, signed up DAM, largest in clinic next to Boots, but with a global twist (so better thanBoots?) and growing like crazy. So now has 100m tests for retail, go Lansdown. £29 per test boom
Sounds as though they have approval to use govt machines wow ser
100m tests into retail far better
There are those moments that exist when there are choices, we are at one of those moments. A blockbuster product that can help with lung fibrosis at the moment of an ageing population in the middle of a pandemic that increases lung scarring as an after affect. There is limited offering in the world with a significant market. Who will grasp the nettle? If the pharma want to be key players they will want this to be part of their portfolio
Far more beneficial selling to the market than DHSC what a tweet so oversold hope you didn’t
“ Omega Diagnostics
@OmegaDiagnostic
·
2h
"Omega continues to have access to the Government-funded equipment, and has brought Lansdown Strategic Capital on board to help secure contracts…
The first agreement – a deal with flight certification provider
@DAM_health”
"
Private market will be more lucrative, especially fit to fly through DAM will be a huge market, should think DAM are excited they have more capacity as the DHSC seem uninterested. Just need first approval. DAM may be the largest in clinic next to Boots but they also have fantastic growth in the global market. Omega have an exclusive contract for global growth. There is no way this should be priced as it is. DHSC should donate its equipment to ODX for leading them up the garden path as minimum in compensation.
One positive is the patents so far have been taken out in the US so some acceptability there, as far as IIs go they usually require a minimum liquidity level of £100m market cap before they can invest.
Deal now has to be with a global player, any U.S. pharma will have to be convinced solubility has been achieved but that does not seem a problem with existing data sets. The new patent potential could be exciting given it adds value beyond $450m.