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Could anyone check which machine is used for BC cheap anitgen $4 test? i hope this is not for that and uses GDR produced beads...

Great find GGGT!!
it is going to be amazing next couple of months for GDR and all the holders!!
Twitter is all about pottential EU (Italy) order too..

I agree with you're correct Technik, I went and heard the audio where DB answered a particular on 18th Nov on full results day. He said about 25 to 40 dollars for whole kit which include RNA extraction. Still it would huge Revenue compared to our current MC.

Lot of investors skeptical about sales, bcos of all the missed deadlines about sales in past. It is clearly showing in SP
Huge rerate would happen when something concrete comes out.
just hold or buy

erro corrected - private labs and *NOT * the government in US

Initially our test would be introduced in 10 sites across US from 2nd week of February. I hope we get FDA approval soon and I strongly believe it is on the cards. Each site could do 3000 tests per day that is 30,000 tests per day. This is just the beganing and would be good platform and sales channel for other tests in future.

We are dealing directly with private labs and the government in US, so no red tapes and waiting games here. Once we are ready we are off with a Bang.. same is the case with India, it is mostly private testing.

Although each test is about $100, we would get paid around $25 per test as far as I believe. I remember DB stating this in earlier video and stressed y’day that pricing remains same as agreed previously.

Since all are sperate business units, to balance the books we would get paid the full amount from Beckman and then pay Cytiva for manufacture costs keeping our profit. We would get to know about this trading update in our March interim results.

Do you calculations and imagine how big this could be..

JUST HOLD OR BUY!!!!

Good Buy.. I wish i had some funds available...
This would soon beat ATH..
Once FDA approval is out... no looking back.. only one way.

Come on FDA.. give the bloody approval

FDA Approval
double digit EU sales contract
POC update and UK gov contract.
WHO approval
India Sales
boooooomm.......
Looks like i may hold this for ever by looking at the pipeline and growth opportuites

David Budd, CEO of genedrive plc, said: "genedrive submitted its application to the FDA in May of this year but owing to the volume of applications received we are still waiting for EUA review. However, in order to support the Beckman Biomek system's transition into clinical use and exploit commercial opportunities, the product needs to be commercially available in the United States to end users. We are confident in the performance claims of our assay and have generated independent evaluation data in the United States at non-automated sites and our automated Biomek installations which confirm our product claims."

Bear in mind our test is validated both on atomated i7 and non automated PCR too. This will rerate soon..
investors are still skeptical about FDA approval and sales.. just take advantage and buy more..
Soon it would be in £££££££

120?

Both Beckman coutler and sysmex were awarded the contracts.
Even if the £20bn contract is evenly distributed, each of the 146 suppliers would get at least 136 million.
We would find out soon how much of share we get for test supplies. I don’t think we would an RNS today or this week.. it would take some time..

I had a feeling it could be this week by looking at volumes yesterday and today.
I thought who approval got leaked.. but just realised it is a false breakout :(

good thing is Sp had bottomed out and bounced back to cosolidation zone. only news can move this up or down. Just stay releaxed and wait the Super RNS from DB

WHO updated the list today and no change to last week.. GDR is still awaiting for approval and in same position.

https://extranet.who.int/pqweb/sites/default/files/documents/210126_eul_covid_19_ivd.pdf

https://extranet.who.int/pqweb/sites/default/files/documents/210126_eul_sars_cov2_product_list.pdf

It suggests to me a leak, as usaul GDR takes a long time to issue RNS.. Let hope to see one today or tomorrow which explains the rise. Could be a confirmation of EU sale i recon.

Yes, you can sell with a label "validation of this test has not been reviewed by FDA. Review under the EUA program is pending".

Question yourself would you pay $130 for such unathorised test? secondly US labs charge high money from insurance providers and they wouldn't payout unless it is approved test. I'm so suprised how come GDR missed this logic?
No wonder we dont had any sales since RNS on 16 DEC.

yes, unfortunately there is nobody to sell them.

They still believe in distribution channel for diagnostic sales, So they have agreements with disctributors. This works well for such products. But the only question is how hard the dictributor tries to sell these. are they paid well enough to push the sales aggresively. Genedrive would still need to market their products in such Conferences to attract the interest from buyers.

They tried same channel for Covid sales but Covid is completely different, there are so many tests and goverments likes to deal direct with manufactures and get the best price for it. I hope they realise this soon and start their own sales team. I think the EU deal DB mentioned is a direct one i guess and not through distributors.

In couple of weeks time half year results would be out.. truth would be out on any sales.

Yes the pressure is building, if it burts now i can only think of one direction it can move..

The only one news that can save this is European sale.. all other news would be of no use.

The Rapid Antingen too is not FDA approved, it is CE marked

why did BC did not promote our PCR in a similar way? May be we did not agree commercials yet?

17th NOV RNS - "Initial feedback from FDA EUA submission received in November 2020 but no visibility on EUA timescales"

what feedback is received and why the feedback details were never published to public? why noone questioned DB or Wallbrook for this info?