RE: Innova £1.2 billion contract win10 Apr 2021 12:47
We miss out yet again on a £b plus order and it s getting on now for the middle of April.
Here's the thing. The Innova test is "our" test. so when the govt purchases ANOTHER £1.2b worth, that's what, 100m tests? 10 weeks worth? which makes it beginning of July before we are in the game? I don't think it's co-incidence that the govt will only give out free test until the end of June.
My best guess now is that we will miss the UK pretty much for sure as evidenced by the quantity of Innova tests bought which gets us to the end of June and then business and people will have to pay. Presumably that's when our test will be ready. (That to me implies we are still a ways off from CV)
Our best hope (and it is a hope now just because I have no idea what AS is doing in a country where there has been millions of positive cases AVCT has not managed to get enough to validate a test), is the RoW but as for the UK I think that ship has really, at last, sailed in the quantities I expected 6 moths ago.
I think all this (govt related) work over the last year is for the next Pandemic, whenever it comes along. The manufacturing, the logistics, the rapid diagnostic test through affimer tech, all will be ready next time for a very rapid response.
So July then?
The reassuring news is that my analysis is usually crap so we should get the RNS on Monday!