Member Info for Mars1

Fast a lot has changed new 3 year contracts for antigen and antibody tests. Supply has commenced on a new contract and the bod have committed more resources to the new products by cutting less profitable business, all good

Just bought more 50.4

The product sacrifice was made because production needs for Covid larger margins improved performance plus more contracts in RNS. Odx making tough decisions all good

Good RNS means they made £9m on on going business to be able to write off £8m on business closing down. That is before Covid kicks in.

Such a unique test the only one in the world that is not a lab test and such clear messages coming from the consortium about delivery, design success, commercialisation and production capacity expansion yet the market falters. Has a he market lost its mojo maybe it will find its fomo today.

RNS yesterday basically said development complete and initial first sample successful. Next larger sample will provide data that would allow design freeze?

Including weak positives so can identify those that have had mild infection, that will be a first

Clear message test has a high success rate;
“ we are now consistently picking up positive samples across the range, including weak positives, whilst ensuring negative samples are not detected. ”

Directly from the press release
“ Finally, given the scale of the potential demand for the test within the UK, critical planning around supply chain logistics is also well under way, which will ensure a smooth introduction of the test directly to the public.”

As the consortium has a client, as with any contract it is the client who permits the release of information. The other thing that strikes me about 9/4 RNS it states what happens when design freeze is reached therefore another RNS is not necessary as the next action is already in play.

Upomega the RNS says as follows “ Once the COVID-19 Rapid Test reaches design freeze, then the specification and standard operating procedures will be shared with each party of the consortium to enable manufacturing and/or assembly to be undertaken at each site, including at Omega's manufacturing facility in Alva, Scotland, according to capability.
The RNS of 9/4 does not say the company will issue an RNS on design freeze just that the consortium will share data.

They need to know where it has been just as a start to be able to identify when it is spreading and where.

PS of course there is nothing to say that 100k a week was a 7 day week may have been a 5 day week.

100k a week was pre 21/4. With 24/7 course it will go to 300k a week pre expansion.

This from the Mail article “ A 14-day quarantine period is set to be introduced for all arrivals in to the UK, including returning Brits, from June 8.

But the new restriction will be reviewed after three weeks, opening up the possibility of trialling rapid tests and other options.”
Rapid tests available within 3 weeks for that to happen.

300m is just to get U.K. travel back what about the rest of the world

Summer starts 20 June

24/7 shifts and the recruitment drive seems to have been put to one side in the excitement. One thing they are gearing up to mass produce it

And n t

Oil presumptive should be i i