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Rightly they are forecasting a huge need for testing 2021 and beyond.

Bid as strong as it has been all day. Those would appear to be buys and the SP was dropped to fill them!

Either way, MM happy to take

MASSIVE NEWS!

If the Cytiva test is good the sky is the limit!

https://www.bloomberg.com/news/articles/2020-06-05/want-a-vacation-with-no-quarantine-iceland-is-charging-115

Iceland Is Charging $115

Travelers arriving at the island’s international airport will soon be able to avoid a mandatory two-week quarantine by opting to pay 15,000 kronur ($115) for an on-the-spot test as the nation seeks to salvage a tourism industry crippled by the Covid-19 pandemic.

Testing will be free until the start of July, after which passengers landing at the country’s main Keflavik hub will be given the choice of isolation or paying for the test, Iceland’s Ministry of Health said on Friday.

Tourism accounts for almost half of Iceland’s export revenue after the industry replaced banking as the key source of foreign exchange in the wake of the global financial crisis. Bringing in visitors is key to resurrecting an economy that’s expected to contract 8% this year.

Other European countries reliant on tourism such as Greece are following similar strategies, allowing visitors from more nations to arrive with rules varying according to the airport of origin. The U.K., by contrast, has angered airlines and travel companies by sticking with its two-week plan for a mandatory isolation period for arriving passengers.

Iceland, with a population of 365,000, has been one of the most successful countries at tackling the pandemic, limiting infections and carrying out extensive testing. The nation has reported only a handful of new cases since the start of May and is in the process of easing restrictions.

Big news, nicely timed with the RNS today. Sooner rather than later the market will join the dots here.

I agree, I think we will see similar action to that which followed the Medusa RNS. AVCT is a bit like Bowser from MC. Slow starter but difficult to stop once it gets going!

Finish blue today and it would be very bullish.

Tell that to the WHO and the 135k new cases reported just yesterday....

2nd wave incoming

Dangerous to be out at moment as multiple pies are cooking in the kitchen and some cook more quickly than others!

Someone wants back in and in a hurry...

We seem to have some action!

Trying to describe the update as negative. A negative update would simply state that unfortunately the test is not good enough for clinical validation (in some nice words)

Th is update states exactly the opposite - a fantastic update.

There will most definitely be an update today/tomorrow relates to Cytiva. HE will want to get all latest information out to the market so that he can talk freely during the presentation.

Big week ahead

This bodes well for all our COVID-19 antigen test development programmes.

Key statement from Sir Al

Work it out. The market is huge.

It is not unreasonable to forecast >£400m profit per year achieved through this form of testing - which will take over from PCR as PCR is too slow.

The following statement is a game changer for this Test;

Appropriate for a clinical diagnostic test!

Will use this test daily, rather than costly PCR.

This is very big news. The probability of success is increasing and this will generate significant long term revenue. Until CV completely disappears, you can be sure that Governments throughout the world will use this method as a first line of defence.

"We are excited to apply Avacta's Affimer reagents to monitor COVID-19 infection because they are very well suited for large-scale manufacturing and have stable lot-to-lot performance due to it being a recombinant technology.

These statements should not be underestimated.

This bodes well for all our COVID-19 antigen test development programmes”

“We continue to make very good progress with Cytiva on the saliva-based antigen test and I look forward to updating the market soon on both of these product developments as well as future additional partnerships.”

‘This is far from over’: WHO warns against world dropping its guard to virus

The World Health Organisation (WHO) has urged countries to press on with efforts to contain coronavirus, noting that the pandemic is worsening globally and has not yet peaked in central America.

Tedros Adhanom Ghebreyesus, the WHO director-general, said more than 136,000 cases were reported worldwide on Sunday - the most in a single day so far.

“More than six months into the pandemic, this is not the time for any country to take its foot off the pedal,” he told an online briefing.

Dr Mike Ryan, WHO’s top emergencies expert, said there was a need to focus on preventing second peaks of the virus as infections in central American countries such as Guatemala were still rising.

“I think this is a time of great concern,” Dr Ryan said, calling for international support for the region.

Meanwhile, Maria van Kerkhove, WHO's technical lead on Covid-19, said that a “comprehensive approach” was essential in South America.

“This is far from over,” Ms van Kerkhove warned.

Covid is nowhere near ending. Look at the global stats. New daily cases increasing each day.

Places like Poland now seeing new outbreaks. Italy cases are rising again..

India, Pakistan, Brazil all in deep trouble.

The UK will be in very bad place in 2 weeks time.