Avacta Story Drives on!20 May 2020 21:58
Good evening Investors and newcomers!
I normally try to add a few thoughts through the day, but to other business, commitments have been unable to do so!
So today's news is a very important step forward. This will not be the only distribution network but it is one focused on delivering to consumers, that is global online sales around the world and to specific business clients. We need a new type of distribution network and the experience of the founders of a fast-developing low-cost retail giant is a good place to open into the field for consumers. With global contacts in retail directly to consumers, this is great. Now we should not think for one minute that Cytiva and other partners will not also have opportunities to distribute the test in more specialist markets. This is not a normal medical test, it is a test the whole world needs and we need each partner to take a real interest in marketing the test to get it out there as quickly as possible.
One key point for me, is it is clear Avacta again have underlined their confidence that the test on LFA devices will work and will be huge. It is vital to get the distribution network in place prior to the product being available so you can make haste as required.
I see poeple mentioning Amazon and other options. These companies are huge, but they will not be focused as they don't have the motivation. I can't imagine Jeff Bezos taking the call from an English Biotech company CEO. But when the product gets out there he might take an interest! Yes I know anyone can set up a an Amazon shop but this needs focused marketing and distribution not a load of reviews on line! It is a binary product and it will work!
So we know that we are only weeks away. Maybe only three for Adeptrix and and a little longer for Cytiva. If it was sooner it would be perfect. But the approvals take time and we need it right.
What will we see next? Another partnership, news on another product all possible. This company is looking like we will have regular news updates and that is good.
If any are looking for fault, there is very little to fault here this is a multiple opportunity business with disruptive technology which will change the cause of medical diagnostics and therapeutics through the 2020's and in the meantime go from a development Biotech Business into one of the most important UK Biotech companies ever!
If you keep focused and hold here you will be very likely to be richly rewarded, sell-out and miss out is my own thoughts. I am not selling till we reach a full valuation and or we get bought out! You know where I see this going!
Keep researching and keep safe and strong!
Cheers, RK