The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Let's switch off and wait for mid August now!
Hi x,
The RNS lays out the next steps for the consortium to bring this test to the market.
The contract is also currently being worked on and afraid the timeline for this is being driven by the UK Government. I believe that mid August should be achievable but as I hope you understand we are not in full control of this timing
Hide quoted text
Best regards
Colin
How do MM's keep the price down?
Ck always delivers as expected....
Hi x,
The RNS lays out the next steps for the consortium to bring this test to the market.
The contract is also currently being worked on and afraid the timeline for this is being driven by the UK Government. I believe that mid August should be achievable but as I hope you understand we are not in full control of this timing
Hide quoted text
Best regards
Colin
Why is it that you cannot buy or sell?
Why would you get nt?
Trying to understand how this works
68.00 - 68.00 (GBX) at 08:01:12
on Market (LSE)
Latest application for WHO mologic has been changed from awaiting to in process
https://www.who.int/diagnostics_laboratory/200728_eul_covid19_ivd_update.pdf?ua=1
Dropping now...
There are more recent studies now showing antibodies may not exist after 30/60 days.... This would make this test kit bit pointless....
https://www.telegraph.co.uk/news/2020/07/25/number-people-coronavirus-antibodies-third-lower-thought-figures/
Think there was another article in live science also.
Looks like the new shares has been setup for their India branch!
Managing Director of Omega Dx (Asia) Pvt. Ltd
Another reply from CK with it being more reassuring!
Hi xxxx,
Until the contract is concluded we wont know the answer to that question. If it doesn’t and the consortium has spare capacity then we are hoping that as part of the contract we would be able to supply other countries. Therefore overall output wouldn’t change (hope that makes sense)
Nothing to worry about re timing – like all contract discussions especially when lawyers are involved this can take slightly longer than you hope for. Also from an Omega perspective as long as its in place by end August then doesn’t impact us in terms of generating revenues
Best regards
Colin
Ck replied this morning.....
Hi xxxx,
Nothing has really changed since the investor meet me presentation that we gave last week (if you haven’t listened to this would suggest its worth a listen and review of the Q&A feedback)
In terms of lateral flow tests (finger prick testing)
UK rapid test consortium - we are still in discussions with the Government over a supply contract - we remain hopeful that this will be signed by end of July / Early August. Clearly this isn’t in our full control so timelines are best guesses. In terms of Omega it is still our intention to complete the technical transfer from Abingdon by end August and this would allow us to start supply to the Government in early September.
In terms of our other lateral flow test (part of Mologic agreement) our aim is that we will complete transfer, CE Mark, register products in country to allow sales to commence end September/October
I hope this answers your questions
Best regards
Colin
just emailed CK!!! Got OOO
"currently on holiday, returning Monday 27th July."
RNS Monday then?
Does anyone who got the test kit via NHS shows that it is Omega? As a newbie trying to work out if the NHS testing is ODX