RE: Week ahead3 May 2020 12:07
True Merchant. There was a never a risk that the consortium would not get the UK Gov contract for the rapid home POC Test. The risk was only if they could nail the 98% accuracy benchmark in the short timespan available. After the C4 interview with the prof last week, accuracy attainment is looking highly likely.
In my opinion once the UK Gov order contract is published then these tests will be seen as the global gold standard and other International Government orders will come in, starting with those close, friendly nations who are looking to make post Brexit trade deals with UK. I’m thinking Australia, NZ, to start. Then I’d forecast a tie up with big Pharma, possibly Roche or GSK to scale up and manufacture the POC tests and ODX Visitect CD4 stick under license for supply to USA, India, Canada etc. sky’s the limit. Massive royalty and repeat sales potential.