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Brindley ….Apple autocorrect

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

Scardey capacity is 2m a week. 1m contract and 1m Visitect. Self test for govt could be Mologic which would mean approval expected to allow sale of Visitect as a self test

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

So Bethell briefed the PM on progress as prep for tomorrow and PM said go brief MPs to let them know what’s been achieved

Wonder who provided financial backing for Bidens election

This all coincides with the Mologic CEO saying they have the best lateral flow test in the world, which regulator has told him that!!

I like the bit ‘no later than next week’
https://pbs.twimg.com/media/E-7JiEwXIAUbgn6?format=jpg&name=large

Interesting Apple interpretation screwing should be screening

This award to BBI one of the consortium notified 3/9
For screening during August.
https://bidstats.uk/tenders/2021/W35/758120876

Has anyone watched the EUA new approval issues are they at the end of each week or has it been ad hoc?

Earnings would have increased anyway since Feb through the cassetting work that ODX has been doing for DHSC

Thing is key will arrive any day as approval for self test came down to the final bit of testing completed by Ulster. If it had not passed that bit of work would not have been necessary.

What value is put on stock. Key is self test approval. Stock has to be a greater value than current NAV. Antibody tests produced since Oct and antigen tests since April, say 18m antigen tests would be worth £90m, current value just covers food intolerance and HIV test. So even £100m increase gives any investor a free entry less than actual value ie no cost for future earnings

Wording in RNS very positive suggests approval was subject to final data as it is when not if. Speed of approval will depend whether it goes back to committee for approval or case officer has sign off guidelines.

65p

Been working with EUA since July so all passed to the point of a usability test which was good enough to submit. Presumably the FIND test was key in terms of success level.