I just hope innova and their dodgy stats do not break public confidence in mass testing before we get our product out there. Genuinely a big fear of mine.
On the plus side, the infrastructure which has taken months to build, is here to stay, and is awaiting for avacta when we finally launch the product. That’s a huge positive often overlooked.
Once the product is frozen, everything is in place to capitalise.
“ The results from the device will be recorded by the staff member after 30 minutes. The timing is critical, as leaving the test for longer can lead to false positive results and the test will need to be repeated. ”
The more I hear of innova the more I wonder how the **** they beat us to the post...
He describes where these tests will go, health care point of care usage, business, corporates....
youtube.com/watch?v=cil4pGKSCWg
Remarkable how the strategy has completely changed. It’s now only the govn in short to mid term.
That should tell you a lot about the levels of confidence and numbers involved.
I don’t think quite there yet as the update would have made a song and dance about that.
Assume therefore they are still refining the process.
THE ONLY reason I can think of, as to why they are so relaxed about this slippage, is that the government is already signed up.
My guess is bams news end this week, early next.
LFT a week or two after that.
Zoom. I agree... we know Alastair has something which will surprise (he has alluded to as much) but what is it? And when?!
Large worldwide bams contract is my guess
As an aside, one thing I would love to know... honestly is what the hold up has been... clearly with third parties... if it is third party parts.... strips etc then tell us... if it is more than that, tell us.... a bit of transparency would go along way.
That said, all will be forgiven and this will open at 400p+ on a sniff of the LFT being adopted by govn. I think bams adds 200p ish. The rest depends on the numbers.
The cons:
Test is late
Comms is ****e
Vaccines (and irrational reaction to them)... the oxford vaccine is next up...the biggie
Innova got a sub par test out there and earns hundreds of million for what Alastair was not prepared to do (push risk down)
John bell questioned saliva (see BBN on this point though)
The pros:
LFT should be best in class (when it lands)
Bams likely to be successful and imminent
Testing is needed alongside vaccine (like it or not)
Govn wants a sovereign test
David Wilson has said we will supply Govn with the LFT
We are working on manufacturing in Asia (apparently!)
There is a lot of commercial interest out there
Demand will exceed supply for at least a year
Vaccination is a very long road. Govns have taken a year to get testing infrastructure in place.
Cancer trial due q1 2020
If the LFT meets those requirements, granted a big if, then it’ll blow innova out the park...
Ask me a few months ago and I’d be confident in us meeting those s&s figures...
Now I’m less sure (even though it’ll definitely meet innovas test imo)
“ DfT is looking for private test providers that have an existing test booking system that could be adapted to log information about incoming passengers, including their passenger locator form — which all inbound passengers currently need to fill out — their passport number, ethnicity and contact details.
It has not decided whether tests will be conducted in person at a testing site, or via home testing kits that would be delivered by the private supplier. Officials have asked private companies which of these options would be most feasible.”