RE: No sales sa31 Dec 2020 11:07
On 22nd May RNS genedrive stated that Cytiva has capacity to prodcue 10,000 beads per hour.
My question to the company (not DB) how much capacity did you consume?
IMHO - Talk big in RNS and investor presentations quoting big numbers to fool PI's. This is just to convert loan notes or raise more funds. Last RNS of selling in America was aimed to bail out BGF out but unfortunately it did not work as expected. if you check carefully that RNS is states "validation of this test has not been reviewed by FDA. Review under the EUA program is pending" and for specimen testing only. In America it is all insurance based, no insurance company would allow pay out for such tests and no govt buys them with caveats unless it is UK (pun intended).
The only chance we have is get FDA/WHO untill then we stand no chance, I'm not expecting this any sooner as they are currently looking to authorise Antigen tests although they are not the best. Simple reason why BC put their Antigen test forward than our automated 1 step PCR and market also gave it a huge coverage. Some rampers tried to atrribute that to GDR but i think PI's were smart this time although it is little late for some.