Member Info for Safy

LP

Its 6 weeks for validation, in normal business practice this includes testing and everything else that goes with it - when you validate a product you check that it works as per expectation, thats not authorization.

They would not go through all this trouble if they didnt get FDA. I think FDA will come first. Hopefully GDR can then announce some numbers because at the moment they cannot sell something to Beckman they are not authorised to sell as no FDA.

Realistically i think theyll get validation done in a month, the amount of shiit DB has got, if i were him i would play this conservatively and add an extra week or two on, also they will be working on the swab to saliva in tandem too.

But i agree with you. If everything works and in a month or 6 weeks its all validated and they announce 3-4 more labs its suddenly looking good. The key points is that Beckman make the PCR machines and the reagents, and the tests through the Cytiva subsidiary. Setting up more labs should be very easy.

88.5 i had as yesterday close price.

To be fair,

I didnt expect it to spike up today, but to its detriment it did. We are pretty much close to yesterdays closing price.

FDA this month?
ICMR ? if they rely on FDA for tick off ICMR then hopefully a 1m order to go with FDA, or ICMR if that comes first.

Personally i would hope that the 1m is in at least 2 sales geographies. Proves we are not only capable of selling to cousin Divoc.

Magsy - no confirmation

However i have seen the odd word when the 10,000 is mentioned that its not set in stone.

Even 1m a week with $1 profit is wishful thinking, but its not out of the realms of impossibility, especially if supply is split between a few customers.

1m a week split over 10 labs in different geographies is doable. With each lab having 100k tests each (realistic number). There is a lot of play in these numbers and they can be arranged to suit anyones agenda so i hope this isnt coming across as a ramp. With $1 profit on each bead its lucrative.

@Gloria

Given that we can supply circa 2m tests a weeks if we work flat out 24/7, i dont really care if they sell them to Beckman for peanuts. Sales are sales.

Its wishful thinking to sell everything but if we get $1 dollar profit a test and sell everything ill be over the moon. Even $0.5 and sell everything ill still be over the moon.

Also if you had sense you would know that in any sales there is such a thing as promoter score and reference, these are massively useful for future sales as you can call on your other partners to vouch for you. Well prior to yesterday there wasnt exactly a big list of people we can call on.

Now lets put this into context, Beckman saying GDR are good, and that we use GDR tests in our lab(s), instead of the (fill this space yourself based on how crap you think GDR are) saying GDR are good.

Thanks HB

I never discount any opinions. It’s good to hear you believe it’s a good thing for GDR.

@LB

You need to relax mate.

He’s said the Beckman link is good multiple times. I’m replying to him in the same manner he’s posting. FFS!

You need to read in between the lines for humour and sarcasm.

@VF

Hysterical!!!

Agreed billy - good day for GDR.

How do you see the future? You think this whole Beckman stuff is horse shiit or has it got legs? Curious to read your opinion

We are not the same, what a massive bell end.

If you wanted to be anal about specifics then let’s start with the basics. Genedrive are a molecular diagnostic company. They do not make or sell medicine.

People like us club it all into bio and pharma, not knob heads like you. You know it all.

Look for posts by plantpower

Hillbilly

I don’t want to embarrass you but we don’t sell medicine. We are a diagnostic company.

PP

The trades were 100% wrong today on ADVFN.
Not one or two. But it almost became impossible to discern a buy and a sell for long periods.

It’s just not possible for a share to go up 30% on sells and no buys.

Gloria,

What an ignorant post. We are up today. And significantly up I will add. We had more buys than sells.

It’s irrelevant who sold for how much or even how many sold. What matters is the buyers were more than sellers. Simple economics.

coldspy youve done well today

shocker - i know the feeling mate, however this is actually half decent news. If a US lab is partnering up with us to use our tests and we would supply a full high throughput lab that can only be a good thing.

i never thought our test could be tested with saliva, it seems that it can be or at least they are trying. That is something they can possibly take into POC too.

Even if they said today that they have an advancement on the test which is it can work with saliva and be accurate i would have taken that as good news.

Its a start mate, better than what we are used to.

Now approvals and the 1m order.

Corrected..

They make tests
They make lab equipment inc PCR machines
They make reagents
They have a few quid in their pockets

Shocker,

They have everything they need to operate a lab under one roof. How is that a bad thing?

They make tests
They make lab equipment inc PCR machines
They make tests
They have a few quid in their pockets

What a reversal - WOW

nothing new

copy and paste from the RNS lol

https://uk.finance.yahoo.com/quote/DHR/