FDA Actions
The FDA has classified the recall of this test as a Class I recall, the most serious type of recall. The FDA also has issued a warning letter to Innova Medical Group, Inc.
The FDA regularly monitors the marketing of unauthorized, unapproved or uncleared tests, including reports of problems with test performance or results, and is providing this information to help educate patients, caregivers, and health care providers and reduce the risk of false results.
The FDA will keep the public informed if significant new information becomes available.
https://www.fda.gov/inspections-compliance-enforcement-and-criminal-investigations/warning-letters/innova-medical-group-inc-614819-06102021
The Innova tests: another Covid scandal in the making? Part 2
By
Sonia Elijah
-
June 10, 2021
This is the second instalment of my three-part investigative report for TCW on the Chinese-made Innova lateral flow test. On Monday I examined the background to the Government decision to commit vast sums of UK taxpayers’ money to a California start-up for tests that, like the PCR test, manifested significant problems from the start.
A JOINT report by Public Health England (PHE) Porton Down and Oxford University published early last November gave the Government the green light to invest in and roll out the new lateral flow test (LFT). The ‘newly deployed lateral flow tests are highly reliable, sensitive and accurate in multiple settings’ and ‘sensitive enough to be used in the community, including for asymptomatic people’, they announced, singling out the Innova Medical Group’s SARS-CoV-2 Antigen Rapid Qualitative Test, selected for a Liverpool pilot scheme starting that same week. This, they explained, was because only Innova’s LFT was reported to be nearing completion of the 4-stage process at the time.
Led by an oversight group chaired by Sir John Bell, Regius Professor of Medicine at Oxford University, the evaluation programme had begun a few months earlier in August. Of the 120-plus LFTs submitted for this review, 40 passed phase 2 validation, 24 passed phase 3a validation and just four tests showed a sensitivity rate (the proportion of people who have the disease and get a positive result) of more than 70 per cent. The report focused on just one of these, Innova, and listed its attributes: a test specificity recorded as 99.68 per cent; an overall false positive rate of 0.32 per cent, and an overall sensitivity of 76.8 per cent for all PCR-positive individuals – ‘over 95 per cent of individuals with high viral loads’ – and showing a ‘minimal difference between the ability of the test to pick up viral antigens in symptomatic and asymptomatic individuals’. >>>>>>>>>>>>>>read on..
https://www.conservativewoman.co.uk/the-innova-tests-another-covid-scandal-in-the-making-part-2/
https://www.youtube.com/watch?app=desktop&v=Z66AwKgxe4w
Bw Business News: Will Dawes, CEO of Mkango Resources
Tim is joined by Will Dawes, Chief Executive of Mkango Resources, who are listed on the Londo
https://www.climateandcapitalmedia.com/bluenalus-cell-cultured-seafood-offers-fresh-fish-without-the-catch/
Ten to Watch
With global fisheries on the brink of collapse, BlueNalu's land-grown fish and seafood could be the future of ocean eating.
this wiffwaff that has clogged up this board for far too long has to be ........42...geddit??
Why dont you all go to some private chat room and untangle your perceived grievances,imagined sleights and fragile egos.?
This place really does resemble the Dear Marge column in the tabloids.....remember her?
https://www.bbc.co.uk/news/business-57325574
LFT>>>>>>>>Medusa>>>>>>>>Amazon ?
READ this thread!
https://twitter.com/michaelmina_lab?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
Don't forget to sign up for our R&D Showcase spotlighting the world's leading #immunooncology Live Biotherapeutic MRx0518
Today Wed 26th May, 2pm EDT / 7pm BST
More info at https://4dpharmaplc.com/en/newsroom/events
Quote Tweet
4D pharma
@4dpharmaplc
· 19 May
Wed 26 May, @LadenburgLTS Michael Higgins @btkanalyst hosts an R&D Showcase featuring the world's leading oncology #LBP MRx0518
@4dpharmaplc CEO & CSO are thrilled to be joined by renowned KOL Dr Joaquim Bellmunt @OncoBellmunt of @DanaFarber
re... with such pretty horrific results.
Common knowledge that they would be as they are....all priced in.(imho)....+ they are historic...fwd looking statement was v gd...right place,right time...hard to buy at the best of times...gd luck!
21st Jun 2021 at 10:00am BST
investormeetcompany.com
AVACTA GROUP PLC will be holding a Business Update and Q&A meeting on 21st Jun 2021 at 10:00am BST
https://www.proactiveinvestors.co.uk/companies/news/950298/4d-pharma--encouraged--after-additional-analysis-of-ibs-drug-data-950298.html
Proactiveinvestors UK (https://www.proactiveinvestors.co.uk/companies/news/950298/4d-pharma--encouraged--after-additional-analysis-of-ibs-drug-data-950298.html)
4D pharma 'encouraged' after additional analysis of IBS drug data
Presented as a poster at the medical and scientific conference, Digestive Disease Week,
Conference Call and Webcast Details
4D pharma will host a virtual event to review the additional data presented at DDW 2021, and how this relates to the current IBS treatment landscape. The event will take place on Tuesday, May 25, 2021 at 5:00pm BST (12:00pm EDT). The event will feature a presentation from 4D pharma management followed by an analyst Q&A session.
A live webcast of the event will be available via the Events section of the 4D pharma website at www.4dpharmaplc.com. To access the call, please dial +1-760-294-1674 (United States) or +44-203-059-58-69 (United Kingdom) and reference Conference ID 20210360. A replay of the webcast will be available following the event.
Kistos Plc
Kistos has announced the completion of the Tulip deal as per the documents of 21st April. From the get go the company has committed to ensuring ‘its Scope One Emissions are at net zero from completion’. The producing asset Q10-A has a ‘uniquely’ low carbon footprint partly as the platform is powered by wind and solar energy, averaging 0.013kg CO2e/Boe since first gas against a North Sea average of 22kg CO2e/Boe.
Kistos is more than likely to be the first company to commit to net zero now, not further down the road. I would expect that to a re-rating of both debt and equity and the strength that provides, as well as a cash position would mean that the company could make further acquisitions without recourse to the market.
Trading wise, production for the ytd has been in-line with expectations whilst realised gas prices have been higher than those assumed in the Admission document. Group cash at bank on closing is £46.8m implying net debt of £82.2m.
The Kistos board has already sanctioned, subject to partner approval, the appraisal of the Q11-B discovery as well as a drilling and workover campaign on the Q10-A field, scheduled to start 2H 2021. The primary objectives are to appraise additional horizons in the Q10-A area whilst enhancing potential production rates with the side-track of the Q10-A04 well and workover of the Q10-A06 well.
Andrew Austin, interim CEO, said
“We are very excited for the future of Kistos, with a proven low cost production base from the Q10-A field and two further appraisal wells planned this year, we look forward to extending our reserves base and increasing our presence in the Q Block core area . We welcome the team at Tulip on board. They have shown great professionalism and ability in the way they have led activity in the Q-Block area to date. We look forward to working together as we continue to grow Kistos into a company which can play a role in the broader energy transition”.
https://www.malcysblog.com/2021/05/oil-price-dec-challenger-kistos-and-finally/
Kistos does indeed look very promising, with todays trading news better than at least I was expecting, as usual AA is not letting the grass grow under his feet. At 177.5p I suspect that the upside for this stock is substantial and I expect the shares to go significantly higher as the story unfolds.
https://boc.ge/
Realising Georgia's Energy Potential
BOC - the Block Operating Company - is the operations subsidiary of Block Energy Plc, an AIM-listed independent oil and gas company focused on production and development in the Republic of Georgia
is this a recent addition to w/s....or am I behind the times?
re...the Schlum deal scuppered their plans but instead of disappearing they hang about and play games.
exactly...thats what I thought....so this is pure bugg----ration on their part...and will have no bearing on the future outcome,which will depend on PH+all at block producing the goods......which is as it should be.
re...Equally the Concert Party expects to make money on their belated investment, which at some point they will dump.
..ok...if that is the case,then presumably in order for them..(or anybody else for that matter)..to make money on their investment....the SP has to be considerably higher than it is now.?
..I'm not at all clear why it is in the 'concert partys' best interests to keep the price low...particularly as it has been pointed out regularly on here that given the % in their hands...and the Schlum options which in effect would, if exercised, preclude the CP from attaining the required % for a t/o....I fail to see that they can gain anything from this......apart from sheer bug----tion of course;)
....am I missing something?
re...The intentions of the F&F concerty party.
How is this relevant given all that we know...Schlum options etc..?
cont,.,.....
Work began on Thursday at the Saltend Chemicals Park in Hull for a new rare earths processing facility, which would be one of the first outside China. The plant, being made by London-listed Pensana, received planning permission last month but still requires £100 million of funding initially, and further work to get Pensana’s mine in Angola up and running.
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Why China’s stranglehold on rare minerals could cost us the earth
After ‘chipageddon’, attention is turning to crucial raw materials used in cars and turbines. Britain is racing to wean itself off imports
Jamie Nimmo
Sunday May 16 2021, 12.01am, The Sunday Times
Asia
China
China mines 60 per cent of the world’s rare earths
China mines 60 per cent of the world’s rare earths
JIE ZHAO/CORBIS VIA GETTY IMAGES
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Premier League footballers have long been attracted to flash, powerful Bentley cars. But they could soon be driving around in second-hand motors — at least partly.
The British luxury marque is part of a three-year study involving Birmingham University and one of its spin-outs, Hypromag. It is looking at recycling rare earth magnets from old computer hard disks that would otherwise be thrown on the scrapheap. They are a component in new electric and hybrid cars — whose batteries are powered by lithium, but which use rare earth magnets in motors, power steering and electric windows.
The project — which uses hydrogen to recycle the magnets, a process pioneered by one of Hypromag’s founding directors, and Birmingham University emeritus professor, Rex Harris — is not just a green experiment. It forms part of Britain’s drive to create its own supply of rare earths and lessen its reliance on China, the main provider of 17 minerals used for magnets in electric cars, medical devices, power tools, smartphones and wind turbines.
President Xi Jinping has intimated that China could use its position for leverage
ALAMY
“We’re building a supply chain that you could feed primary or secondary material into,” said Allan Walton, another founding director of Hypromag. “For magnets, it’s far quicker to get a supply chain running for recycled material than it is from a new mine.”
Rare earths are extracted from the ground and shipped to facilities that separate them. They are split into oxides, metals and magnets. It is a more complex and expensive process than the usual mining of common minerals such as iron ore.
Most rare earths need to be shipped to China for processing. Even missile systems and other military equipment in the UK and US use rare earth magnets mostly sourced from China.
Tensions between the US and China have heightened concerns that Beijing could weaponise rare earths and limit exports to its rivals’ disadvantage. This comes on top of concerns over a global shortage of semiconductors, dubbed “chipageddon”, which is hitting production of cars and smartphones.
A week after the US blacklisted Chinese telecoms giant Huawei in 2019, President Xi Jinping visited a rare earths processing plant in Jiangxi and highlighted the importance of rare earths in global supply chains. His statement was widely viewed as a thinly veiled threat that China could turn off the taps if further antagonised.
Britain is hatching its own plans in case that ha