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It is spreading much faster than in the past and that it is problem as rather than acquiring one or two mutations a year it is doing that in a month. Still they have no idea how big the outbreak is as they are not doing sufficient testing nor do they have any idea what the 50 or so new mutations do. At least they have a vaccine!!
I thought it a poor marketing effort. Terrible voice over. I would have thought the main advantage would be ease of use and rapid results. I'd have used Dr Hilary off morning TV extolling the virtues of our rapid saliva test and used this footage of the Chinese walking like penguins after their tests. https://youtu.be/KZXDVMn6ce4 to prove how vastly superior the Novacyt tests really are.
It is nothing new, there have bern protests in Ecuador for years and the politics are complicated by tribal interests. You get sovereign risk in nearly every developing country. There are hundreds of billions of pounds worth of mineral resources to be had in Ecuador. As long as the mining companies are aware of this, pay off local tribal leaders and politicians, pay off media, provide local jobs and provide some community facilities, run their operations in a responsible manner, everything will be ok.
Is it a tenous link? Novacyt are in the business of testing for infectious diseases. It is a growing business. Perhaps we have reached a tipping point with issues such as rising population, increasing population density and increasing mobility driving increases in infectious diseases. This was predicted by ecologists like Garrett Hardin decades ago yet his warning of the need to manage finite resources and call for control of population growth fell on death ears. We now face our own tragedy of the commons.
I already queried whether there was sufficient financial provision to cover the DHSC dispute previously. There is and not only that, if those reserves are released and the counterclaim succeeds in whole or part, it would be very positive for cash flow.
https://www.bmj.com/content/376/bmj.o378#:~:text=Those%20who%20had%20had%20covid,of%20stroke%20compared%20with%20controls.
Aside from long covid I know of two people who have suffered from shortness of breath after having covid. Both of those have since been diagnosed as heart problems. They had assumed it was their lungs at fault. Is this vascular damage due to covid, who knows?
Remember, this is summer where you would not expect a respiratory disease to flare up. https://www.ft.com/content/8c871596-d3c0-438c-b54c-f47b26aa4b7a
Means very little. I have never bought or sold on the basis of institutions. The publicly quoted figures I doubt are accurate anyway, they don't want people to know they are buying or selling for obvious reasons. They don't operate like private investors. They can only invest in certain things at certain times because they are governed by the rules of the fund and they often have to buy and sell to meet liquidity requirements and are often dictated to by short term performance targets. Many of them now just track the market.
Sounds like another good business opportunity for diagnostic testing.... https://www.dailymail.co.uk/health/article-10910857/Nearly-15-CENT-world-Lyme-disease-according-global-estimate.html
In a big market crash everything falls and that includes precious metals and shares. However, historically gold has always been the first thing to recover and always rises much more sharply than other assets. I reckon though that the price of precious metals would be much higher were it not for the fact that cryptocurrencies have absorbed trillions of dollars of investor's money in recent years. If crypto is now a busted flush and just a fraction of that money goes into precious metals, the gold price will soar.
Could it be rising covid hospitalisations? https://www.independent.co.uk/news/health/covid-cases-today-latest-uk-b2097258.html
Genetic sequencing suggests Monkeypox more widespread
https://www.statnews.com/2022/06/03/genetic-data-indicate-at-least-two-separate-monkeypox-outbreaks-underway-suggesting-wider-spread/
Odx don't have the money to scale their manufacturing though. Scale requires significant capital investment in terms of machinery and raw materials to keep prices low. This is why the big boys like Roche end up with a big market share . Novacyt have over £100 million sat in the bank - if they use it wisely they can scale and compete. The first thing I thought when I saw the LFT RNS was, are we talking 50,000 tests or 50 million. Novacyt need to think big.
Several Chinese companies have just submitted applications for regulatory approval for monkeypox pcr tests so they must think there is potential for significant demand. If people are having to isolate and contacts too, there may well be a need for testing. Fortunately there is a vaccine and we are geared up for testing.
Monkeypox is in the same family as smallpox and that killed millions over hundreds of years causing numerous outbreaks until is was eradicated through vaccines. Monkeypox was considered as a candidate for causing a future pandemic so I wouldn't rule it out. There have been more cases found outside Africa in the last couple of weeks than in the entire period since 1970 so clearly something unusual is going on. I'd say it is an ideal candidate for Novacyt's infectious disease testing. There can't be many existing suppliers of monkeypox tests as it has been a rare illness. First mover advantage to be had here if it does turn out to be another pandemic.