Member Info for Quickdraw18

PCR testing is up x15 since end May and x8 since end June. Cumulative June rev £40m, July £63.3m

2020 £500m to £600m?

https://twitter.com/DopeinkInvest/status/1346267754685411328?s=19

Greggreen school heads and care home managers disagree with you. So do the government hence why they bailed on trying to provide LFT staffing

School are hoping to use parent volenters. We know how LFT trails went in Liverpool with little traded operators #army 48% sensitivity

University's asymptomatic with self sample 3% sensitivity

LFT's could require 12 to 36 times more staffing than PCR. I'm working towards a LFT v PCR cost benefit analysis.

Link to associate tweet
https://twitter.com/adamgordon1978/status/1344590951050829826?s=19

Green have a check to see what school heads and care home managers are saying. They are very worried about staff.

School are hoping to use parent volenters. We know how LFT trails went in Liverpool with little traded operators

Link to associate tweet
https://twitter.com/adamgordon1978/status/1344590951050829826?s=19

Greg see my prior post. LFT's look extremely resource intensive to me

Based on below account takes a staff member 24 mins to run and process a LFT

#Novacyt's Q32 can produced 30 result in under an hour, coming improvements aim to reduce to 20 mins

Would take 12 hours for staff member to process 30 results @PrimerdesignLtd

"I have just spoken with a care home manager at her wits end over lateral flow tests. Tier 4 means daily testing, she has 120 staff, that's 840 tests a week. It takes her 48 person hours to conduct/log 120 tests once weekly. That's seven new staff members just to support tests"

Which Hankock talks of ending by spring AstraZeneca are planning supplying only Millions of doses by end of march. No big talk of 50m doses by spring in their RNS

"The Company aims to supply millions of doses in the first quarter as part of an agreement with the government to supply up to 100 million doses in total"

https://www.londonstockexchange.com/news-article/AZN/astrazeneca-s-covid-19-vaccine-authorised-in-uk/14808576

Product development and release has been terrific and as LFT's fall on their face the government and public at large are seeing the benefits of accurate PCR testing. Hence testing care home staff once a week in England. That's about 6.6m tests a month for staff.

We get sales figures at the end of jan and we'll see why Novacyt have been shy communicating sales. With around 20m capacity a month its unlikely because sales have been low, more likely they've wanted to avoid any negative media coverage over revenue

The number of adult social care jobs in England as at 2019/20 was estimated at 1.65 million –

6.6m a month. Will Nova increase capacity above 20m?

https://www.skillsforcare.org.uk/adult-social-care-workforce-data/Workforce-intelligence/publications/national-information/The-size-and-structure-of-the-adult-social-care-sector-and-workforce-in-England.aspx#:~:text=The%20number%20of%20adult%20social,was%20estimated%20at%201.16%20million.

Wavecreast Mirriad's rev growth is higher than Bids. Also bids haven't reported £1.2m sales, the pumpy CEO issued a soft uofate 10 days or so before year end.

Strange move, let's chat numbers when Bids report theirs in the new year and we can do apples and apples

Also no shocking selling my CEO at Mirriad and they helped win an Oscar in 2010 for visual effects.

When was Dirt 2 released? Good to focus on one's investments

I'd be surprised to see Mirriad enter gaming in the near future. In road map they said for "next phase" Sports, Influencer (Insta etc) and Live are 2021 focus. Gaming seems quite a bit different from a tech perspective and seems more complex and labour intensive.

I'll be happy if Mirriad can totally dominate filmed content.

No competition

Signed deal with the Biggest of Big 7, type of company that make dreams come true ??

They aren't really at the stage to value against rev, though 1H rev growth of 109% from £429 to £897k is decent. They raised think it was £14m in summer 2019 and have launched in TV, Streaming and music. The new raise is to enter new markets, sales and R&D. Scene Finder is one of the new AI features they are working on, looks neat. Check out their presentation. There's a road map in there

https://youtu.be/C4DcrAgGazI

Wonder who helped them study the Mink outbreak? I know someone with a minc test

Here's hoping it's less dangerous

Is confusing, i see my cash left account. But seems unlikely I'll get x35 allocation as most of the funding was raised through Allocate shares.

Feels like forever waiting lol, been in Novacyt for so long, am used to waiting for good thing lol

I'm in same position. I asked for 35 times more than allocated. Haven't heard anything, but my cash has gone from H&L account but have a zero next to Mirriad "Assented Open Offer Line"

I've emailed them, will share responce. Maybe we hear after the bell. Odd one as they mentioned how they will spend placing

Was a great presentation

I'd wager Novas next annouced test is CAR-T cell

Shaun P the antibody series supplied by VersaLab is just for blood sample collection and then central processing using ELISA lab setup

Harchris there are LFT and ELISA Antibody tests.
I've heard a competitors CEO say in a conf call that they lost out on vaccine testing contract to comoany with an established presence in UK testing infrastructure.

Novacyt have Antibody ELISA test along with Thermo Fisher. Both established in UK COVID labs. Novacyt's test has a better sensitivity and specifity

Nova 3m capacity a month

Thermo Fisher 1.5m month

https://microgenbioproducts.com/sars-cov-2-igg-eia/

https://www.fda.gov/medical-devices/coronavirus-disease-2019-covid-19-emergency-use-authorizations-medical-devices/eua-authorized-serology-test-performance

Harchris there are LFT and ELISA Antibody tests.
I've heard a competitors CEO say in a conf call that they lost out on vaccine testing contract to comoany with an established presence in UK testing infrastructure.

Novacyt have Antibody ELISA test along with Thermo Fisher. Both established in UK COVID labs. Novacyt's test has a better sensitivity and specifity

Nova 3m capacity a month

Thermo Fisher 1.5m month

https://microgenbioproducts.com/sars-cov-2-igg-eia/

https://www.fda.gov/medical-devices/coronavirus-disease-2019-covid-19-emergency-use-authorizations-medical-devices/eua-authorized-serology-test-performance

I don't see a major rerate until Phase 2 of DHSC contract, care home or lighthouse labs contracts are awarded.

We should pick up some sentiment from the fumblings of vaccine developers.
Notably AstraZeneca, but also US is looking to receive 6.4m doses before Christmas, down from 40m from only a few weeks ago.

I've come to believe there is something to the vaccine tweets by Primerdesign. Our ELSA test being used in conjunction with Vaccine roll out. We have 3m capacity a month. I've read on one of the BB's UK aims to vaccinate 1m doses a week. If true would take 90 weeks to vaccinate 70% of population with double dose.
We already know Nova are offering antibody postal service as per of VersaLab launch

So many developments, we really need to see coin. let's hope board moves to quarterly reporting for next year :-)

Harchris the £406m contract has been amended, was originally due to run for 6.5b months, but now it will be over 4 months. With a new run rate of £100m a month compared to £62.5m in the prior iteration of the contract :-)