RE: CTDA26 Apr 2022 14:50
Agreed. Said it ages ago that CTDA would have limited, if any, impact on the sp. Budd himself has said on several occasions he has no plans to even attempt to sell in the UK until GDR has achieved something in the EU. Think we can safely assume now that nothing is happening regarding the Covid POC kit anywhere. IMHO that's a given now that the UK Govt sees Covid as done and dusted.
Still think though the beginning of this medical revolution using genomic sequencing is a bigger picture for GDR. As share holders all we can do is sit around and wait, hoping that Budd has learned lessons from past failures. Commercialising a company's products in any sector requires a specific skill set which Budd doesn't possess. He took on staff to handle sales but we have no idea if they were in any way experienced in the medical field or indeed if they were any good at what they were hired to do. Can only hope. At least GDR now has some approvals for its products though so let's be positive about that. Amazingly the sp shot up to crazy levels when GDR couldn't sell anything and before Budd had even submitted anything for approvals here in the Uk, the US or even the EU. It's binary as far as I can see now. We have news on AIHL take up in more NHS Trusts and news of further interest abroad and the sp climbs or no news and the sp plummets back to the teens. Seen it all happen with GDR more than once. You get the crazy rampers shouting it's going to be £1 by the end of the week for months, with bare faced lies about what GDR can sell and where, only for it to slowly decline for months on end.
For now I'm still positive that we'll hear from GDR soon regarding interest from further afield in AIHL than just these shores. That will open the floodgates, along with news that more NHS Trusts have adopted the AIHL machines.