AVCT Manufacturing, its a good thing?28 Sep 2020 16:30
Im failing to understand why the negativity here. Bottom line is that manufacturing is largely automated. A few more machine can only be good for us.
If its true then we've just got another finger in a test, that derisks us more. Now we have two shots at the ultimate goal, which is the Antigen LFT. Mologic and AVCT.
We also have the skills and capability to manufacture LFT's, this makes us more attractive to companies looking to manufacture. Today it's AVCT, tomorrow it could be someone else.
Personally, its irrelevant how far AVCT are, as long as we can set up production lines, and increase capacity, its all money in the bank, we were aiming for 1m tests a week, you have to fill that up somehow and increase it. Colin isn't stupid, you go where the money is. This is NOT a bad deal for us. If AVCT manage to make a test, great, if they don't still great. Lots of options here.
ODX - A finger in every test.