RE: Finncap valuations research on 14/7/202019 Jul 2020 08:38
The results were not known in June. It’s one thing knowing a trial is ongoing, obviously another thing knowing the results.
Waiting for the results of that trial imparts a risk to the investmemt that has now been removed.
Don’t listen to me. Listen to Dr Hand, leader of the RTC....
"It was found to be 98.6 per cent accurate, and that's very good news," Chris Hand, the leader of the UK-RTC, said.
That “news” he refers to is 98.6% accurate in a live 3,000 patient validated trial. It’s first trial.
He goes on to say "We're now scaling up with our partners to produce hundreds of thousands of doses every month", Mr Hand said, adding the government's health department is in talks with UK-RTC over buying millions of tests before the year ends.
This successful trial is great news for shareholders and could all have gone badly if it came in under 98%.
Giant step forward and that’s why it’s global news.