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The DHSC has been contacted for comment.
In response to an earlier story on the row it has said: “We do not comment on details relating to ongoing legal proceedings, but we have always been clear that government contracts must deliver value for taxpayer money and we will take action in instances where this does not happen.”
Laughable, they want to check the actual performance of the Chinese ****e they've been importing first and foremost. Then the billions Dido Harding has wasted....
https://www.standard.co.uk/business/pharmaceuticals/covid19-test-abingdon-government-contract-biobank-b931974.html?utm_medium=Social&utm_source=Twitter#comments-area
Thanks Muck, I meant Touchstone not Singer, been one of those days!
Yeah I was looking at the shareholder register on the Abingdon site and saw they had 4.2m if it is them surely they've been cleared by now the way the SP has been drifting down over the last few months and then the carnage of today. Are any of the other IIs allowed to sell at the moment?
Those that are desperate for Avacta to work with UK Gov should read the Abingdon TU and Novacyt issues. They’re an absolute shambles and we’ve seen that with the Condor/Falcon programmes.
Best thing Avacta has done lately is to side step them and validate/sell to mainland Europe.
Not a great read to be honest.
Also WTF are UK gov up to? Would bet my last pound that Innova have been paid for their Chinese garbage on time. I’m heavily invested in Avacta and glad they seem to have moved away from UK gov to focus on the European market.
Hope so Radds, he was super confident on performance. You never know though, I imagine over a decade of crawling over broken glass to get any sort of funding for your company probably engranes you to be slighlty risk averse when it comes to spending it.
Really hoping Avacta aren't penny pinching when it comes to manufacturing. If they truly believe they'll sell everything they can make then hope they use some of the placing money to expedite TT & book up as much manfuacturing capacity as possible. Let's get the converyor belts rolling!!
Pt2
The start-up has been trialling its technology at Edinburgh Airport and is working with Hearts Football Club on a test programme.
Dr Mona Kab Omir, chief technology officer at Vatic, said, “The more we can encourage and enable regular testing across the population - giving people clarity about whether they are infected, and, critically, infectious) - the quicker our lives will start to look more ‘normal’.”
Because Vatic’s test spots when cells are being infiltrated by coronavirus, it can also detect mutations with similar accuracy.
With the mutations, Mr Sheppard said vaccines would be “part of a trident of solutions with vaccines, testing and mask wearing and handwashing.”
For now, the test will be available for professional use, but could ultimately become a self-test.
Governments have been the biggest procurers of tests, but Mr Sheppard said he expected more companies would start buying test kits as the private sector took over. “It was important for us to do as much work in the UK as we could,” he said.
While the UK’s Test and Trace system has been criticised, it has now conducted more than 125 million tests and last week averaged 1.2 million tests per day.
There is a pipeline of trials to use the test in care homes, hotels and businesses.
At the moment, its tests are being made in the UK with the aim for 1 to 2 million tests per month by the end of summer, with a view to roll them out in the autumn. He said the company had to start on a “small scale” before opening into other markets.
“The need for these tests is enormous,” he said. “But this is a big opportunity to have a wide social impact and move really quickly.”