Member Info for RegulatorUK

"Reg - So are you saying that ODX potentially doesn’t think this payment was significant then?…"

No... what I am saying is that you can't say something is 'significant' or not based on whether purely based on whether or not it is RNSed.

"Reg - If they thought it was significant wouldn’t this of had to be RNS’d?…correct me if I’m wrong"

No - it wouldn't have to RNSed if it would be revealed via the normal reporting process/timetable and wasn't thought likely to have a significant impact on the market.

Companies are not required to RNS every order or payment. They are only required to RNS things likely to have a material impact on the market - i.e. if it is beyond what an informed investor might reasonably have been expected to adduce from information already in the public domain.

"I don’t think some people are understanding the significance of ODX not thinking payment of £2.4m is anything big"

I can't actually see any evidence that ODX have said that. What I can see is lots of self-fulfilling social media posts suggesting that...

"I think that the Find Report was released today .

Feel free to correct me if I am wrong"

It was released back in April. I read it when it first came out.

"Haha Twatty. You seem ruffled today :)
Let’s talk over 1-2-1. Here for you. Perhaps can offer some alternative career advice. I think you could turn your hand to something better than this.
Yours lovingly
Bangbang"

FourFiguresBu115h1t mayh need someone to help him at the burger van...

"Ramsey and Spire have multiple hospitals in close proximity to each other so even if this gets past shareholders the Competition commission may block it anyway or force the sale of a number of hospitals. Interesting times ahead...."

They don't really. Ramsay is primarily ISTC-based in areas not covered by Spire. Spire is primarily PMI/self pay based in areas where it is competing with other PMI/self pay providers (e.g. Nuffield and Circle). Even the Spire / Ramsay NHS areas tend not to overlap unduly.

"You had a good day yesterday with Spire Health. Nice to see some good news for a change."

Yep. I'll be interested to see how far above the offer price the market will go...

"GLA and a big hug ??"

Are you vaccinated?

"who would sell out on that pittance of a rise yesterday?"

TWatcher and his day trader mates... scrabbling for pennies as they don't have the wit or intellect to realise it'll be £s down the line.

As my epidemiologist colleague pointed out, the way the testing for these events was managed was dodgy (to say the least). The full details are not currently published - possibly because they know that the results will get torn to shreds by the experts...

"Information on porton down from my mate who covers uk pandemic for the independent.

Can’t say more. But everyone can access the same information via a freedom of information request"

It is also roughly consistent with the information I'm getting from my contacts at Porton Down.

"Hi Regulator..re Avacta.On 10th May they submitted their test to MHRA for CE approval and stated they expected to receive confirmation in "the coming days".They also stated,upon confirmation,that they would be able to 'immediately' supply their test to market.Assuming the approval is both forthcoming and imminent,and then Affidx is chosen as the sovereign test,pending TT ..couldn't we,then quite realistically,be mass producing Avacta's test in the next couple of weeks ?.maybe i'm missing something..."

They didn't submit their test to MHRA for CE approval - that's not how CE marking works. CE marks are applied by either a notified body or a manufacturer when there is evidence they meet the regulatory requirements. Once a CE mark is applied, an application for marketing authorisation is submitted to the competent authority (in this case MHRA). If this is granted, then they can market for professional use in the UK.

To be included in the sovereign test programme, Avacta will need to submit the test for evaluation by PHE Porton Down. This takes a number of months to complete.

I don't believe that there will be a single 'sovereign test' but a range of tests, manufactured by a range of manufacturers.

*thought

We can at least console ourselves with the through that it's still not as bonkers as the Avacta BB...

That's old news. They announced that several months ago.

"Yes I tried before , also it has changed

https://ibb.co/XWvbZHd"

It hasn't changed. The criteria are exactly the same as they were in February.

Even the image you link to confirms that access is restricted to particular groups...

"As I've just posted on the ABDX page, the Gov website has now relaxed the critria for ordering a home antibody test kit. All anyone need do is Register, and wait for an instruction to order using a 16 digit PIN they send to you. Simples."

The criteria are the same that they've been for months - as JHolder says, restricted to particular occupational groups.

I like the appointment of Sue Hagan. A very positive step forward and a good person to have onboard.

Aye up Big Jock!

"You also need to remember that the Good Law Project are circling on the Government, which will force them to be whiter than white (double and triple checking everything is correct)."

And this will work in our favour. Fewer contracts to cronies and more the the companies like ODX that are experts.

"Russky, I am not being rude but is there a chance that they 374m contract doesnt come to ODX or is that 100% guaranteed and no other company (Avacta, Nova etc) will get it?"

The government has signed a Contract with ODX. That Contract has a maximum value of £374m.

The Contract has been signed. The Contract can't be given to another company - that's not how contracts work.