Member Info for neilrich3

What do we know about Wren Health care? Possible bolt on acquisition to allow an expeditious roll out of VERSALAB?

#Barnetpeter. You're suggesting a lower rate of testing because most adults will have been vaccinated by the summer?

Do you realise that by next winter the efficacy of the current vaccines shall likely fall below the magic 50% due to new mutations/strains. The Government cannot afford scaling back on the level of testing, to do so would risk going back to square one, Pillar 1 testing shall be here forever, all hospital admission shall be tested for COVID.

Poidster, Thank you, best post of the day and great to hear.

Hartlebury. No problem, just I feel that some posters both here and on social media are suggesting that the silence is bad news and that NCYT are deliberately not reporting progress with DHSC.

I believe that the DHSC contract is likely to be a little behind schedule, however on track and delivering the required good and services including PROMATE.

Hartlebury

Read the contract....NCYT are not allowed to talk about the supply go goods and services to DHSC.
https://atamis-1928.cloudforce.com/sfc/p/#0O000000rwim/a/4J000000kEFW/0a.XEpAnsXhWLPDFwBk_JAjjG7TOqEVnG58sfxOiFmw

https://atamis-1928.cloudforce.com/sfc/p/#0O000000rwim/a/4J000000kEFW/0a.XEpAnsXhWLPDFwBk_JAjjG7TOqEVnG58sfxOiFmw

Read the contract, Novacyt are not allowed to talk or publicise the DHSC contract and the supply of goods and services....it is as simple as that, hence the reason why we've not heard anything. Clause 34 of schedule 2.

NCYT is not hiding anything, from what we can gather Q32/Q16 rollout continues despite some initial issues and now DHSC are receiving PROMATE too.

Yes and that was a concern initially, however when you think about it....how do they measure capacity? These machines are unlikely to be in use 24/7, demand for test shall fluctuate depending upon the time of day, for instance at times I'd envisage the Q32 being used with perhaps fewer than 15 tests.

Good to see that Pillar 1 Capacity hit a new high on Friday 29th....199,063, that's a lot of Q16 and Q32 available.

What?! You expected GM to make a statement about the South African variant being widespread within the UK ahead of HM Government, that would have been a wise move....not!

Exactly, FFWD 24 months and we've all been vaccinated, however the authorities shall not be able to let their guard down, hospital admissions shall still be tested for COVID, forever on the lookout for new strains that might make the current vaccine ineffective. Sad, but true and why did the NCYT share price fall by more than 20%, oh yes...because the idiots believe that the pandemic is over.

Amazed that this is still red given the breaking news, could just be the start and lead to additional nationwide PCR testing.

Wonder whether we might get a Tweet from Primerdesign Tweet fairy!!

or should that be test and support to PHE!

More than likely that NCYT/Primerdesign is best placed to provide the tests and support to DHSC.

Wasn't aware that LFT could detect and differentiate between different strains.

Yet the idiots on this forum last night attempting to deramp telling us all that testing was over now that the vaccine was being rolled out.....and where are these idiots now.

Don't understand this morning's panic....all it shall take is one RNS stating that a new contract has be signed with the US FDA, or similar foreign organisation, for £75 million and this shall be well North of £12.00.

What does GLA mean on the end of a post?

Dear Doc, I know very little about the dot.com bubble, but what I do know is that companies with little to know income and large amounts of debt traded on silly multiples, for instance PE>100. Excuse me, but you're trying to draw a comparison with NCYT. We shall be testing for many years, possibly decades to come despite the vaccine, unfortunately viruses mutate and vaccines become ineffective. Pillar 1 testing shall be here to stay.

https://www.grandviewresearch.com/press-release/global-point-of-care-diagnostics-market

I doubt very much that we are the largest supplier of PCR tests to the UK Government.....unfortunately!