RE: Testing AND vaccines26 Nov 2020 11:10
The penny will drop eventually with realisation that the virus has changed the world forever, and as a consequence testing will be here for a long time to come.
Vaccines cannot be rolled out quickly enough in volume to make any significant difference to the world’s population for years to come. If like some other vaccines immunity doesn't last, and like the flu jab there are annual variants, then this virus is going to be a problem for many, many years, Unlike the flu there is no inbuilt resistance in the general population. So at the moment it is highly infectious and has a payload which is to be avoided, ie death in our everly increasing elderly population, or severely debilitating consequences in younger age groups for some.
The only way out and a return to what we used to call normal is as the WHO originally said TEST TEST TEST. This will suppress the transmission but never totally control the situation.
So I think we should be a lot more relaxed about Avacta’s timescale to roll out the antigen kits. Patience and a best in class test will bring reward. I will be very surprised if we are not looking at multiples of the current share price this time next year. So as part of a diverse portfolio it is a reasonable punt??