Member Info for Okehurst1

Something going on …another quote they tweeted

‘We will, of course, keep you appraised of the progress of our US FDA Emergency Use Authorization (EUA) submission, in conjunction with our partners, @Mologic.
But it is, without a doubt, a pivotal part of our plan.’

I doubt Colin has much to do of note with FDA, this is all being driven by Mologic / their partner Bill Gates

Suites Gates for Mologic tech to be approved in USA, GAD then enjoy a level of gravitas with the same tech in Africa

Must be handy for Mologic to have Bill Gates & Soros on speed dial

Captain,
I may be proved wrong but it looks like Mologic and their contracts are going to pull off USA - Gates in the mix with GAD / yesterday’s Mologic disclosure firmed it for me

We will soon find out of course

Captain, tbh would we care ?
USA market is massive
Mologic are close to securing approval by the looks of things

We know after yesterday’s disclosure from Mologic that GAD are using their biotech

Mologic saying it’s the best antigen in the world
They will we can guess use the Ulster Trial to support

Bill Gates just purchasing GAD is going to make it easier to clear FDA - has to help utilising his contact list

Colin has no bearing on this … Mologic using their contacts will get USA over the line

Colin needs to bag EU and hopefully pull off the DHSC contract

It’s getting closer

‘ This is critical:

"The Department of Labor… will require all employers with 100 or more employees to ensure their workforce is fully vaccinated or [for the unvaccinated] to produce a negative test result on at least a weekly basis…"’

Open goal for Omega by the looks of things

EU / U.K. on top

Mologic saying the have the best Antigen test in the world is very intriguing, some very bullish statements/ comments from Mologic & Omega

‘ President Biden's COVID-19 Action Plan confirms that the Biden Administration will procure "nearly $2 billion in rapid point-of-care and over-the-counter at-home COVID tests… from multiple COVID-19 test manufacturer’s’

‘As our followers already know, we currently have a US Food and Drug Administration submission in progress, and remain confident of a positive outcome.
Such an outcome would have a fundamental effect on our business’

https://twitter.com/omegadiagnostic/status/1436294761737072647?s=10

Big Bang, been thinking about this one last few days

It’s a good point you raise over the market price for an LFT
David Evans is possibly correct - £1.60 to £1.80 is the price being banded about in the market for bulk plus the biotech
Suggest it’s 50% gross margin , equipment , efficiency gains etc

Let’s take top end £1.80 as example - which is slightly over David Evan’s price - that’s potentially £180M rev a year
Ball park £90M gross , being bullish £80M EBITA

This assumes selling all we make to the Government (s)

Colin has indicated he would split the capacity to sell other products and we can surmise to sell privately at a higher margin.

If Omega could secure a long term U.K. Government contract and use the cash flow to fund manufacturing expansion for its other product lines / commercial opportunities ?Gut feel this has to be the game plan of the BOD?

TW, I knew you would review, helpful points,
this is the BB at its best, sharing data - challenging same but we keep it clean, we all win then
Pre filled buffer change was a good shout btw

We just need to see the Ulster Data, what are the Ct values / ranges ? Ditto viral load to same?

Personally - pure guess - I think they have sent to DHSC and possibly PD and they don’t want to preempt with rampy data in the public domain , especially after Mologic saying they may challenge in the courts the failure at Porton earlier in the year

Can’t think of any other reason for the delay publishing Ulster ?Its been good enough to say it’s the last piece of the jigsaw, it has to be a so called tactical move to hold back ?

3.1 Composition
SAFETY DATA SHEET
According to Regulation (EC) No. 1907/2006
Version 2.0
www.mologic.co.uk
The lateral flow cassette contains: 1. a nitro-cellulose membrane coated with antibodies and
cellulose absorbent and 2. membrane pads pre-dried with detergent and coloured particle conjugates.

Mute point, mentions coated with antibodies - doesn’t mention Affimer’s?

Bit of guess work below

Without us being privy to Mologic’s own biotech / Recent Ulster trials ,we don’t know how good it is compared to Avacta’s - Avacta say theirs is 100% accurate up to Ct27

Mologic say they have one the most accurate Antigen Tests in the world up to Ct25 but that was before the rumoured V5 reagent /buffer

Reckon it’s Affimer’s in the buffer that make the difference up to Ct31 but does it matter if the Government is focusing on < Ct25 ?

Relevant to Omega with Visitech becoming a complete government test , we need to see the Ulster Data ideally then we can evaluate

file:///var/mobile/Library/SMS/Attachments/a8/08/24A99CAF-CA68-451B-A342-FAD9542A76A7/SDS-AffiDX-SARS-CoV-2-Lateral-Flow-Test_EN-1.pdf

Taking the view they have released as the manufacturer of the test, I thought GAD were the manufacturer not Mologic?

It may be relevant to Omega if Soros/ Gates do push their GAD capacity towards 3rd world markets, will they take up the £870M contract if / when offered?
Opportunity for Omega potentially?

Interesting Tweet off our partner

https://twitter.com/mologic/status/1435975856917291008?s=10

‘This Framework Contract allows the provision to all UK Government Departments and Trusts across England, Scotland, Northern Ireland and Wales subject to access agreement signature and Schedule 6 pricing, to supply the Rapid Saliva Protein Test (RSPT) and Avacta’s professional-use AffiDx SARS-CoV- 2 Antigen Lateral Flow Tests’

‘ and ‘ ?

Regulator
Any idea why Avacta posted below on their website this afternoon?

If it was on Medusa site only I could understand but the fact it’s on Avacta’s site and they have included an NHS logo ?

Any ideas ?

https://avacta.com/wp-content/uploads/2021/09/M19-framework-text.pdf

https://avacta.com/wp-content/uploads/2021/09/M19-framework-text.pdf

I am in both Avacta & Omega

My opinion , Visitech will be a sovereign test but either way if it’s Avacta biotech we will secure the £374M contract - hopefully soon

https://avacta.com/diagnostics/products/

Plus of course this off MB linking same

https://twitter.com/merchantbanke18/status/1434921502420480002?s=10

It’s coming together very nicely for Omega

Chris
I don’t think they disclosed the Ulster Trial via an RNS ?
Nor it was the ‘ last piece of the jigsaw’?
That’s RNS information- it’s importance

In fact it was Omega investors who posted about it first a few weeks ago following their own research and Omega mentioned in a Tweet a week or two later.

Simon, it was Omega introducing us all officially to the importance of the Ulster Trials - they hadn’t really disclosed

They hadn’t even mentioned the relevance before,as such they now say it’s last piece of the jigsaw.

Let’s hope they publish the Ulster Trial results ASAP

DHSC invested £17M of kit & installed it
No TT
Stacking up
Plug and play IF we clear DHSC via data Ulster trials

Omega look pleased with the Ulster data