Member Info for spacetec

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/8b6bf189-0aa3-4dff-a906-438c91c348d3

Get instant email alerts

The government’s new system of private coronavirus testing to allow travellers to slash quarantine from 10 to five days was in chaos within hours of its launch on Tuesday.

Many of the 11 providers approved by the government admitted they had already run out of tests, some websites crashed and others were not yet ready to receive bookings.

The “test and release” scheme for travellers was announced last month and has been welcomed by the airline industry as a way to encourage travel by halving the amount of time people have to self-isolate after entering England from overseas.

https://www.investegate.co.uk/CompData.aspx?code=ABDX&tab=announcements

Will be atleast £1 I would have thought, still very cheap

Question is can ODX achieve 500m mcp in 2021

I am hoping after MHRA approval we get more contracts as 75 million for consortium is not enough but a good start.

On Daily Mail
Grant Shapps unveiled new 'Test to Release' service starting on December 15
Means travellers not from corridor countries only need five day self-isolation if they test negative for Covid

No 10 to deploy rapid lateral flow tests which give result in half an hour to secondary schools 'immediately

I am sure ODX must have some kind of indication on demand and forthcoming orders as they are recruiting and expanding for more capacity or do they just expect that UK Gov may put more orders in, I'm sure ODX must have done thier risk analysis on capacity expansion VS future demand and Gov contracts, you can't just burn cash on recruitment and production on assumptions that they will sell everything they make

The reason why I asked was because Superdrugs have mentioned it on thier website of these home Test kits which they are aware of from Abingdon healthcare, I also asked them over the phone about these ABC tests and they said currently unavailable but they are expecting in future no indication of time line as it suggests to me offcourse as ODX has yet to get approval from MHRA, I did ask the price per kit they be selling but no answer for that

Are we the only one in the UK for Rapid home test kit subject to approval from MHRA, and are these already CE marked?

Dose anyone think we are likely to relist in 2021

Has anyone heard of Helium oe ticker HE1 newly listed sounds like a good play

30 million contract too small

Once MHRA and FDA approval I don't understand why we are so focused on UK gov Orders when we can sell at much greater profit abroad ODX is not just reliant on UK gov, we should be pushing for orders outside UK after both approvals

I wonder where we be sp wise £2 would be great

my thoughts on chart

https://www.tradingview.com/x/OmUTkDIy/

Selling ODX test kits box of 25 for £416.67
We have teamed up with one of the largest diagnostic businesses across the globe – Omega Diagnostics. Enabling us to offer healthcare professionals and teams access to the latest VISITECT® Covid19 Rapid Finger prick Antibody Test for in surgery, visual detection of three antibody isotopes to SAR-Cov-2 in 10 minutes.
The only rapid test that identifies all 3 antibodies (IgM, IgA and IgG), increasing the window of detection.
VISITECT® Covid-19 IgM/IgA/IgG supports the point of care identification of recent or prior SARS-CoV-2 infection in symptomatic and asymptomatic individuals.
This Qualitative rapid diagnostic test detects IgM, IgA and IgG antibodies. The manual lateral flow immunoassay is for professional use only and is not to be used for self-testing

Odx looking for site service engineer, on thier job description they have quoted
'' We are significantly expanding our existing manufacturing capacity on both UK sites for the production of Covid-19 tests., ''
That's a good confirmation of production capacity being ramped up, just Google it

it's estimated that Indian population of 1.2 billion given 60% do take part on Vaccine roll out the number of minimum tests required will be in the region of 6 to 9 billion treating about just over 700 million people, however countries like India, Pakistan Iran etc they do tend to force the vaccine on to pupulation its not as relaxed as here so demand will be even more given offcourse they do take orders from British Covid Tests, anything made in Briton is very valuable commodities in that part of region, just my thought

Does anyone know what is, the actual mcao value without Covid play, I know we have some very good product but sp looks like very speculative on Covid, one thing is for sure ODX is not going bust