RE: £29 May 2021 13:36
In my opinion, anyone who responds to this, is simply guessing. The better question to analyse is 'What are the factors that influence the growth in share price/market cap and can you safely put a timeline on any?
Where we are now:
1) HCV ID Kit - Unicef agreement in place. Just awaiting official announcement, once permission is granted.
2) MT-RNR1 ID Kit - it should definitely be a part of the PHE framework tender we are now a part of.
3) BioPlex Pathogen Detection - new distributor MountainHorse will be opening up greater opportunities for sales conversion
4) 96 SARS-CoV-2 Kit (PCR) - we now have Indian approval so, given roughly 2-3 weeks to sort out import paper work etc, we should be getting ready to ship products , if not already, given the dire situation their in India at the moment (a very unfortunate time now because no life should be treated less than any other).
Beckman Coulter is now 2 months into their full-on marketing. What we can see is continual updates made on their website - providing more information and scientific data to support the product. This does not say much for sales, but what it does say is that they are taking it very seriously and for a large organisation like BC to be in this mind-set does say something. We await sale conversion info. And yes, we are all waiting to see when FDA-EUA comes through.
5) 96 SARS-CoV-2 Kit (PCR) Biomek Automation - still awaiting an update on the status of this project
6) POC - awaiting update in Q2. As we know, the PHE contract is open to allowing new and improved products in lie with the framework to be introduced. What does this mean for potential POC inclusion once CE approved - we wait to find out!
Sunday morning recap!