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Just found reports. Class this as minimal, if any, impact on what Avacta are doing but, detrimental on the general population and various screenings etc that are sorely needed having already been delayed through the impact of the virus. Think we should leave this alone now.
Crooner, give us a clue!
Here's a copy of the text from screenshots I took, will it be removed again?!!:
LONDON SOUTH EAST
a window I still had open (wonder why it vanished?) .. AVACTA/ KEY new UK name..£396m market cap.
Stifel covereage now and and...
the bottom line here is fantastic and exciting science and If this wasn't in the UK on AIM, and was listed in US it would have a multi-billion valuation.
Avactas platform technology is based on affimers, which are antibody mimetics, based on human proteins (vs antibodies which are made using sheep, pigs etc). Affimers much easier to make than monoclonal antibodies, and much more durable, and much more easily administered. Most new drug treatments (and much of cancer) based on antibodies - huge and growing TAM. Avacta has lots of fully funded R&D partnerships with leafing pharma/biotech Moderna, LG Chem, Daewoong, ADC (Astra Zeneca) where it has licensed its Affimer platform and will earn royalties (and contributing zero to R&D). Also has in house therapeutic platform for cancer - insanely exciting, using Affimers for immunotherapy (monoclonal antibodies been a massive growth market for cancer treatment) and also has an exclusive license agreement with Tufts University for pro-chemo drugs which use a special enzyme to destroy tumours but not impact healthy tissue - this alone
could create a multi-billion TAM e.g. Doxorubicin is most Successful chemotherapy drug for breast cancer but only $1bn annual global sales because max 6 doses because it is so toxic and kills heart tissue, but the pro-drug that AVCT has increases dosage to >18x and puts cancer in remission. Other great thing about Affimers is that AVCT can work around all the IP rights around antibodies, with complete freedom, so enormous strategic value. Big catalyst will be in H1 next year when do P1 trial and demonstrate safety. And then there is the diagnostic platform with Affimers being used instead of antibodies. These are Far superior to antibodies, can be mass produced, much more sensitive their Covid diagnostic lab test is 1000x more sensitive that AbCam's. Avacta is developing one of these saliva LFT tests that UK Government keeps on talking about. Partnered with Cytiva (Danaher). Upside could be huge but a lot of arguably low quality spivvy retail money (thanks to AIM status and having Fincap as house broker but some good news on this with another house joining! I wonder who?!) is flinging the share price around, just playing the Covid LFT catalyst. But balance sheet has >£50m cash, so are well funded in near term. Big problem is only a few good II names on the register to date - Baillie G, Premier Miton, Conifer (Sequoia) and Lombard Odier.
"Precious"
Metland 1 post wonder as far as I'm concerned .filtered you are. Like gollum trying to gnaw away at my previous Avacta. Goodbye!
This link to BBN tweet https://twitter.com/BigBiteNow/status/1310498036016123904?s=09
shows why we could get news sooner that you think. Might be very interesting when they get the CE marking for the lft and the Government have to get in to make buy or avacta go elsewhere.
Amoeba
I've finally had enough of the drivel you two post and you are now filtered. An Amie a would have more useful input on this board which ,unfortunately, is becoming a waste of time for people who want to have a degree of useful interaction. I hope you find a new audience for your pathetic input.
Snowball, very odd first post, but we've seen it all before!! Perhaps if you had done a quick bit of research you would have found the following re it's not self administered - Goodbye!
Under FDA EUA, the BinaxNOW COVID-19 Ag Card is for use by healthcare professionals and can be used in point-of-care settings that are qualified to have the test performed and are operating under a CLIA (Clinical Laboratory Improvement Amendments) Certificate of Waiver, Certificate of Compliance, or Certificate of Accreditation. Within these settings, the test can be performed by doctors, nurses, school nurses, medical assistants and technicians, pharmacists, employer occupational health specialists, and more with minimal training and a patient prescription.
1.30
Recorded 20th August .... Move on! ........ Derampers trying it on again.
Don't often post, but the above specimen from a nameless rival is getting very tedious with his pathetic attempts at deramping. So its green for you mate, and hopefully a lot of others will put you where you belong. Might be an idea to stick to your own board.
Vegas , that's a swab.
Glad to help this young lady win her fight!
Jaylarc. Matt Han.... Link. https://www.bbc.co.uk/sounds/play/m000ls8h
17 August 2020
Avacta Group plc
("Avacta" or "the Group" or "the Company")
Clarification Regarding Medusa 19 Antibody Test
Avacta Group plc (AIM: AVCT), the developer of Affimer® biotherapeutics and reagents, issues clarification following information appearing on the Medusa 19 web site regarding a SARS-CoV-2 antibody test on Friday, 14 August 2020.
Avacta is not involved with Medusa 19's development of the antibody test. Performance figures appearing on Medusa 19's web site on Friday, 14 August 2020 relate to this antibody test and do not relate to Avacta's rapid SARS-CoV-2 antigen test.
Avacta will update the market on continued progress and on the performance of its antigen test when appropriate.
It is clear that the preschool clubs are still closed looking at the childish antics that have now taken over the BB. The occasional garbage was fine whilst looking for the gems. Unfortunately the plethora of as you say cr.p makes twitter the only logical way to go. I will leave you to all fall out over who is picked on each team. Hopefully Myles and a few others give up on you now and only post where the adults play.
One definition of ELISA:
ELISA (enzyme-linked immunosorbent assay) is a plate-based assay technique designed for detecting and quantifying peptides, proteins, antibodies, and hormones. In ELISA, an antigen must be immobilized to a solid surface and then complexed with an antibody that is linked to an enzyme.
Eh up jimboooo........... Why don't you go back on holiday. Pathetic input (as usual) on this board. Filtered.
BBN has just tweeted a great 13 part tweet re value of BAMS. Great read which I agree with.
https://twitter.com/BigBiteNow/status/1290963527856001025?s=19