Member Info for Vascular

Published today: 8 October 2020 • 7:55am
What is the Government mass testing plan?
Boris Johnson said the government was working on an "alternative plan and that plan is based on mass testing".

"We're working hard to increase our testing capacity to 500,000 tests a day by the end of October. But in the near future, we want to start identifying people who are negative, who are not infectious.

"So we can allow them to behave in a more normal way, in the knowledge they can't infect anyone else with the virus.

"We think, we hope, we believe that new types of test - that are simple, quick and scalable - will become available.

"Crucially, it should be possible to deploy these tests on a far greater scale, literally millions of tests being processed every day."
Mr Johnson said this would be critical to reopening theatres and sport stadiums, which could let in all of those who test negative in the morning and are not infectious.

Mr Johnson says the scheme will be piloted in Salford, in indoor and outdoor venues, from October.

A leaked memo in September revealed that the Prime Minister wants to increase testing to 10 million people a day who would swab themselves in the morning and get the results back within 20 to 90 minutes, like a pregnancy test.
In late July, The Telegraph reported that the hunt for a "game-changing" antibody test could be over after a version backed by the UK Government passed its first major trials with flying colours
https://www.telegraph.co.uk/news/0/covid-19-coronavirus-tests-how-book-uk-nhs-results/

Big news expected either today or tomorrow ! Therefore, Im feeling this will be a roller coaster for the SP. Just let the news come and the Fin cap note will instantly be out of date .

You would have thought FinCap would have watched the recent investor presentation - their investment note would have written itself . Very lazy BUT accurate as far as production is Today., and written with no mention of Omegas other operations I. China and HIV .... let alone the very short term Covid oppurtunitys we are all waiting for today. If It was my company I would sack them immediately. Not only because I'm a I bestir and want the sp to rise but it's an inaccurate account of short term prospects.

Yes. That my reading,. They are basing their projection on the one confirmed product to date. Compare this note with the very recent Omega investors webinar.....they could not be more different in take up of near term products, volumes and worldwide oppurtunitys.

Never seen so many chat users on this BB.

Maybe reason for days performance. There are two things going on here the Covid passport and the testing
The UK Government is this week due to unveil plans for testing which could enable UK arrivals to reduce their 14-day quarantine by up to six days.

However, despite signals from Heathrow last week that airport testing could be launched in as little as a fortnight with flights to New York "up and running" by the end of November, it now seems likely that ministers will be merely announcing a taskforce to develop the plans.

What's more, a final decision on how the UK plans to implement Covid-19 testing for international arrivals will not be made until at least November.

In more positive news for the beleaguered aviation industry, however, trials start today on use of the world's first 'coronavirus passport', which aims to enable travellers to sidestep quarantine.

The pilot scheme launches today on Cathay Pacific flights between Hong Kong and Singapore; while the first UK passengers will use it next week on United Airlines flights between London Heathrow and New York.
https://www.telegraph.co.uk/news/2020/10/07/travel-latest-covid-passport-greece-italy-turkey-quarantine/

assengers using two of the world's biggest airlines – United Airlines and Cathay Pacific – and travelling through London Heathrow will be the first to test the technology, which is backed by the US government.

The volunteer passengers will upload their coronavirus test results from a validated laboratory onto a digital health pass up to 72 hours before departure. The airlines, and airport and border officials, will be able to scan the digital data on the pass to see if a person is free of the virus.

If the trials of the scheme are successful, it will allow passengers to reduce their time in quarantine in line with the self-isolation regulations and health requirements in whichever country they arrive.

The aim is to create a standardised global testing system in which governments and airlines can trust passengers' results because they are from reputable laboratories and on a recognised health passport.

It comes as the UK Government is due, on Thursday or Friday, to unveil plans for testing which could enable UK arrivals to reduce their 14-day quarantine by up to six days.
Ministers are expected to announce a taskforce to develop the plans, something likely to provoke anxiety in the aviation industry over further potential delays.

The coronavirus pass is being launched by the Commons Project, a non-profit trust, and the World Economic Forum, in collaboration with government representatives from 37 countries.

The first passengers will use it on Wednesday on Cathay Pacific flights between Hong Kong and Singapore.

https://uk.news.yahoo.com/clear-covid-passports-aim-let-164139960.html

UK to make announcement on airport testing later on Wednesday - Shapps. Published 3 hours ago .

https://www.reuters.com/article/uk-health-coronavirus-britain-airports/uk-to-make-announcement-on-airport-testing-later-on-wednesday-shapps-idUSKBN26S1U1

I've also added more earlier today. If it wasn't for covid, i think the results would have been pretty good. Therefore, im betting on this will be reflected in the sp, as the next few months and year progresses.
With luck, If this is the turning point its a good place to be.

https://benidormreviews.com/uk-could-scrap-quarantine-from-spain-this-winter-as-covid-19-tests-begin-at-heathrow-in-october/

I agree. the sells from today will be sold back at a higher price later today, and so it goes on.................that's how they make a living .....its still early days here...... there is no need to feel down, just give this share time.....and the company's prospect's and its potential value will out.

this share is going to be nothing but good news, followed by good news...the share that keeps delivering.....

" am delighted that the UK-RTC has now received its first contract from the UK Government for our COVID-19 lateral flow antibody test. We believe that the AbC-19™ Rapid test has the immediate opportunity to allow the UK to build a swift and clear picture of how the virus has spread throughout the population. It also has the potential to be deployed in conjunction with vaccine candidates to help assess initial immune responses."

This is just the first order of masny......we are talking enough tests to throughout the population .

It looks like the population of the UK will be tested, and tested again, then re re tested to evaluate our immunities ....which will be even more important after a vaccine is discovered and rolled out....... imagine manufacturing something that everyone in the country and abroad will want, especially as the government is paying for it. Amazing
https://www.thebusinessdesk.com/yorkshire/news/2063545-government-signs-a-contract-with-yorkshire-led-consortium-for-covid-test
Abingdon Health CEO Chris Yates said: “Our test will help give a picture of how many people in the UK have antibodies. This will be a crucial part of the understanding of immunity to COVID-19.

“Mass testing will also help understand what the longevity of immunity is and, in time, help assess the efficiency of any vaccine on the market. In this respect, high-quality mass antibody testing has never been more important, and it will be critical for future public health responses.

“The UK Government order of the first one million tests is an endorsement of this UK designed, developed and manufactured high-quality rapid diagnostic test. It is a triumph of British business and a breakthrough for UK life sciences.

“We have ramped up production since the start of August and will be ready to deliver the first tests to the Government by early October. I would like to express my thanks to all my Abingdon Health colleagues for their tremendous support and hard work in achieving this milestone.”

https://www.thebusinessdesk.com/yorkshire/news/2063545-government-signs-a-contract-with-yorkshire-led-consortium-for-covid-test

Todays news published
https://www.gov.uk/government/news/government-invests-in-uk-developed-antibody-tests-from-uk-rapid-test-consortium
"The UK-RTC was set up by Abingdon Health to bring together scientists and medical technology manufacturers to be able to deliver millions of test kits as quickly as possible.

By working together, some of the UK’s leading medical technology companies will deliver more volume more quickly to help fight COVID-19......
Chris Yates, CEO of Abingdon Health, who led the UK-RTC, said:
"The UK government order of the first one million tests is an endorsement of this UK-designed, developed and manufactured high-quality rapid diagnostic test. It is a triumph of British business and a breakthrough for UK life sciences.

We have ramped up production since the start of August and will be ready to deliver the first tests to the government by early October. I would like to express my thanks to all my Abingdon Health colleagues for their tremendous support and hard work in achieving this milestone"

Health Minister Lord Bethell said:

Home testing is a powerful tool in understanding the disease and fighting its spread. So we are thrilled by the RTC product, both for Britain and export markets around the world.

On July 29, the US Food and Drug Administration (FDA) released new recommendations encouraging companies to pursue diagnostic tests that could be used outside the lab....But Chen doesn’t expect to see any in-home tests hit the market until 2021.
https://www.pnas.org/content/early/2020/09/29/2019062117

India was mentioned in the presentation! Cant remember the details, but following today's news every country is a potential customer.
https://www.hindustantimes.com/world-news/britain-buys-1-million-covid-19-antibody-tests/story-TOB5FjZuEV0pL6tXEc827O.html

Red button appeared temporarily and then vanished.

ODX has managed to double every month for past two months...so give October a bit more time.....it's still early days...

What stood out for me in the presentation was the discussion around if the manufacturing capacity was not an issue , how many would the Uk government order and CK replied 10s of millions per week and that's just the UK, and then mentioned something about world wide demand means there is room at the table for everyone, diagnostic firms and manufactures.

CK came over with absolute confidence and assurity without embellishment when he said this - so I'm thinking the deals already done, just needs a final sign off before Boris etc and the consortium can make the announcement.