I think that the main down risk to Biolidics is product-related, whether it works as advertised. Antibody testing already has an important role, regardless if they are not 100% accurate.

 

I don' t think that most of the world has the luxury of time and resources to look for a ' best' or ' perfect' solution though. Many countries are just hoping to find a solution that is ' good enough' . I believe that it' s very hard for us to imagine the situation in US, Italy, Spain and other hard hit areas.

 

As long as they are aware of the pros and cons (so it doesn' t give them a false sense of safety, like all those cloth masks we' re wearing nowadays), I think they are going to go ahead with mass testing using antibody tests. They need to.

 

Our heroic healthcare workers are very busy and stressed. But even they do not know what their compatriots in US are going through.

 

A report came out today about a top NY ER doctor who committed suicide because she couldn' t take being on the front lines anymore.

 

" New York City ER medical director, 48, takes her own life after telling her family about the trauma of witnessing patients dying from coronavirus before they could be taken from ambulances."

 

Very talented, very experienced Emergency Room doctor who has seen all the worst situations NY has to offer also reached her breaking point already. Can these countries really wait for a ' perfect' solution?

 

We' re very luck already can sit at home, postulate ad nauseam and play stocks in safety. In the hard hit areas, they need to move fast and try different things. Antibody testing seems to be the best bet for alleviating their situation for now, so it won' t be a surprise that it gets rolled out soon.

 

This helps provides the context in which biolidics' products are being sold. The pie is already very big and will get bigger this year. Then it depends on whether Biolidics + Aytu can move fast and well enough.

Interesting that WHO walked back their statement about immunity passport thingy. I think it' s also important to note that ' no evidence' does not mean that it doesn' t work, just that not enough testing has been done. (side note: personally, I have mixed feelings about a immunity passport, especially from a sociological viewpoint).

 

https://www.nbcnews.com/health/health-news/antibody-tests-can-t-yet-say-who-s-immune-covid-n1193321

 

But this also suggest another use case for antibody tests.

 

Yes, right now studies are being done to determine if got antibodies means you will be immune to covid (and if so, how long that immunity will last). But, if you don' t have antibodies, then there' s a very high chance (dare I say 100%?) that if you' re exposed to Covid, you will catch it.

 

So by testing a population where covid is quite rampant such as NY, you would know which groups of people are more at risk. You can try to protect them or allocate more resources to that area in expectation of a spike in cases.