Member Info for Wiggly

"I am pleased that the test development has progressed from a working initial design to now focussing on optimising the test as much as possible. The Affimer reagents have worked well in lateral flow test strips and we are very encouraged by the initial data."

As good as it gets from Mr Klaus.

Interesting.

Any chance this is linked to a positive development on the LFT front?

Yeehaaa

No, they are producing it as requests/funding of governments on the off chance that it works. By taking this route time to market will be saved.

Of note, their CEO recently reduced the COS from 80% to 50%.

It has been a tough nut to crack but I think will crack next 25m

Oh wow. No way would they release that update if the development was not running according to the timeline. Also, still targeting a high performance (>95%) LFT.

No wonder the share price is beginning to move!

IS this a new video?

Fingers crossed for tomorrow !

This is not going to fly as you require a Lab and a Lab tech to perform the analysis, hence will be costly to manage and not as efficient as distribution of LFTs.

The POC LFT is the way.

133 WAS resistance.

Next 150, 159 and 171.

A bit surprised there has been no rns however Sir Al did advise that the UK gov were engaged.

He did not say they planned to trial though. Surely the UK GOV trialling avct would warrant an rns?

Very interesting that Klaus and the team debated the need for 99% accuracy for the LFT to be valid for Mass population screening. Very difficult to get 99% accuracy but the Affirmers deliver and this could be huge for AVCT.

This latest news is confirmation that the direction of travel is aligned with our investment decision. The Story is playing out perfectly.

I don't think any of these other companies can compete with AVCT when it comes to cost and accuracy so this really is massive news.

Agree, it is very big news.

Do we know much about the other companies mentioned ( tech, test method etc)?

The pilot will run for up to four weeks, testing people on a weekly basis. Participants for the pilot are being registered with self-testing, which is due to start next week.

This means protype is ready!!!

Let's hope they give us an indication of accuracy.

Could be a massive day here

World Health Organization records highest one-day increase in total cases, with 183,000 added in one day

South Korea’s fifth largest city, Daejeon, is going back to stricter social distancing measures after clusters of coronavirus cases.

Bound to have an impact on the market. Numbers in Italy and Spain also on the increase. Give the UK another 3-4 weeks and cases will be rising rapidly again.

Germany R rate climbs
Germany's coronavirus R number has risen from 1.79 yesterday to 2.88, Sky News reports.

According to the broadcaster, the Robert Koch Institute for public health, which has been publishing the country's coronavirus statistics, said the new figure is based on a four-day average.

Why partner vs takeover?

Will it be partnership or outright purchase of the IP?

with the Affimer potential building via multiple value streams I think outright purchase (takeover) is far more likely now. The takeover would still be ultra cheap for big pharma.

Regarding the valuation.

Are the Affimers truly disruptive tech?

If yes, what tech could they disrupt and How much cash does that tech currently generate?

I can see big pharma buying the AFFIMER IP Prior to any significant revenues.