Member Info for Richob

From the 23rd November RNS ...

The performance of the test with clinical samples will now be evaluated as a precursor to a much larger clinical study with COVID-19 patients of known viral load to determine the clinical sensitivity of the test. In parallel BBI Solutions is working to finalise and validate the manufacturing process so that the Group can carry out a full clinical validation on the final product to support the regulatory approval process.

I would have thought they could have looked at enough clinical samples in the last three weeks and be in the larger clinical study by now.

All the best. Keep joining the dots AP.

Went for a stroll in the tall grass this morning and came across what I thought was an empty teepee.
Inside was one member of the troll tribe, mumbling to himself ....
Ivor.... it looks like it's them ... running out of things to say ... they keep correcting me ... I am all alone ...
Further along, the is it us tribe were in party mode as they found out that it could well be us as The Door Matt voodoo man had said new tests on the magic box.
Things were looking up in the tall grass lands and even the Market Makers were paying the full sp to sellers.
Will take another stroll in the tall grass later.

Geronimo

Don't think I heard there was a new strain of the virus but did hear that there was a variant.

Not clinically qualified but don't think that is the same thing.

All the best.

It's all in the one RNS.

Sir Al has just bought one more share.

Perhaps he knows something.

The buys going through indicate that we are a much better class of sandwich.

All the best

Nice find gmcc.

The LG Chem collaboration alone is more than our current market cap. We only have eight collaborations !

There is a lot out there in the tall grass.

Geronimo

https://www.hardmanandco.com/research/corporate-research/de-risking-of-the-partnership-with-moderna/

The above link takes you to a report from 2017 from Hardman and Co.

I appreciate this is some time ago but given Moderna's leap forward in the mRna field since then and their vaccine with Pfizer it is perhaps of some relevance that we have a collaboration.

There is a "drawing" of DNA to mRna to Affimer protein in the full report.

In any event, it makes better reading than some of today's "efforts" and is yet another collaboration with milestone payments.

Geronimo

Not sure what grear potential is, meant great.

On display were:
106 5000
105 5000
105 5000
104 5000
103 5000
103 5000
103 5000
102 5000
100 50000

110 5000
110 5000
112 5000
113 5000
113 5000
113 5000
114 5000
115 5000
120 1000
225 3000
290 154

Make of that what you will. My take for what it is worth is that:

1. There doesn't seem to be lots of shares on show
2. They are basically selling what people are letting them have
3. We are getting shaken around
4. There is grear potential for a blue day

Please make your own mind up but for me it is hold and buy.

All the best.

Cave Exigo

Geronimo

Level two is a sea of blue.

Ignore the troll tribe.

Geronimo

From the RNS ....

In preparation for clinical validation of the lateral flow test Avacta is working on both saliva and anterior nasal swab samples. Anterior nasal swabs sample the easily accessible parts of the nose and are therefore painless and straightforward to administer, unlike nasopharyngeal swabs which are generally regarded as painful and unpleasant. Avacta and its partners will continue to develop both sampling methods in parallel in order to bring high performance COVID-19 tests to market quickly to suit a range of use cases.

Think that means two types of tests.

All the best.

I was out in the long, tall internet grass and got to thinking about the current sp.

At just over £1, Avacta is valued at @£260m

I then went on the Avacta website to see if I could follow what this was based on.

From what I can see, we have eight collaborations, all of which pay for R&D, make milestone payments to Avacta and royalties on product sales.

The only stated financial numbers from these eight relate to the recently extended collaboration with LG Chem, which is $510m or £380m on its own.

There must be a value to the rest, which are:

Daewoong
Moderna
ADC Therapeutics
Oncosec
Tufts
Selexis
AffyXell (45% owned 55% Daewoong)

In addition to the collaborations, we then have:

ELISA lab test
BAMS research test
BAMS
LFT nasal
LFT saliva
AVA 6000
Eight further cancer drugs
Precision technology
Affimer technology

Given all of the above, not sure how this is only at @100p per share but no doubt the troll tribe will make something up.

Does make you think though.

Geronimo

PS welcome back AP

https://innovationcorridor.uk/avacta-and-lg-chem-life-sciences-expand-partnership

Looks like this collaboration is worth $400m to Avacta. A tidy little sum.

Geronimo

Not sure why anyone can't like this.

1. It is dated 6th December
2. At no point has Avacta said it no longer has a collaboration with Cytiva.
3. Cytiva is part of Danaher, a massive US pharma.
4. A collaboration partner recently took shares instead of cash. At the time, the most likely partner was Cytiva. Would they, whoever it was, have not thought that their repayment would exceed the cash they could have received?

Great find in my opinion.

Geronimo

https://clinicaltrials.gov/ct2/show/NCT04535856

Daewoong taking the therapy forward by the looks of it.

Geronimo

I am Geronimo and agree with xxxyyyzzz.

All the best.

PS Who is Spartacus? Time to go back into the internet grass lands.

https://travelweekly.co.uk/articles/395336/canary-islands-removed-from-travel-corridor-list

The UK's test to release scheme due to begin Dec 15th. It is yet to be confirmed which test the UK government will accept for its test to release scheme but it insists on a 97% sensitivity rate.

Time the is it us tribe.

Geronimo

We seem two have two main tribes here.

The glass half empty tribe and the glass half full tribe (plus the smaller trader tribe and the turn up some days troll tribe).

The glass half empty tribe think that Alistair has misled them in order to get a bigger teepee and a buffalo rug and the glass half full tribe think that he needs a bigger teepee in order to work on BAMS, LFTs, therapy treatments, ELISA, AVA6000 and nine other cancer drugs and has been told by Chief Payerouter that he cannot speak of some of these things to his braves until Chief Payerouter says so.

It will be obvious which tribe I am in from my posts and given that the troll tribe call me geronimo uber ramper, I am in the glass half full tribe that searches for relevant information in the tall grass internet lands.

The glass half full tribe is at peace with the glass half empty tribe as both tribes value the opinions of the other tribe and both live peacefully enough with the trader tribe. It is only the troll tribe that brings disharmony and they are reported to the admin tribe for banishment purposes.

Peace to all true indian tribes (but not the troll tribe).

Geronimo

We could say it is a tenuous link or we could say we now know what "the final product" part of the RNS update means.

All the best

Cheers, leewill and well done AP.