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BIO PHARMA company do research on MEDICAL DISEASES

1.25mil is not a firm order might not materialise, I think that's what the SGX/sIAS enquery to the company is about.

WBdisciple      ( Date: 28-Apr-2020 18:06) Posted: Apologies...i forgot to include the first 0.5 million so it should be a total of 1.75m rapid test kit then.

 

Apologies...i forgot to include the first 0.5 million so it should be a total of 1.75m rapid test kit then.

 

The PDF says confirmed order is 500Ku. 1.25mil within 3mth is to retain exclusivity of the distributorship.

WBdisciple      ( Date: 28-Apr-2020 17:58) Posted: 1.25m rapid test is confirmed by Aytu based on the announcement, see here:  https://www.biolidics.com/newsroom/aytu-distribution.pdf There are no other sales figures announced by Company YET. Cadence88      ( Date: 28-Apr-2020 17:33) Posted: Not form orders it seems, I might be wrong. "Separately, the board told the Securities Investors Association (Singapore), or Sias, that an executive's remark about commissioning some two million test kits in two months "was referring to the intended build-up in inventory in anticipation of orders for the test kits and not firm orders". "As such, the company would like to clarify that the statement should not be interpreted as a projection by management," Biolidics added. "The decision on the order volume by the company in the next two months will be dependent on the sales volume as well as.." https://www.straitstimes.com/business/companies-markets/biolidics-replies-to-sgx-on-appointing-aytu-bioscienc

 

1.25m rapid test is confirmed by Aytu based on the announcement, see here:  https://www.biolidics.com/newsroom/aytu-distribution.pdf

There are no other sales figures announced by Company YET.

Cadence88      ( Date: 28-Apr-2020 17:33) Posted: Not form orders it seems, I might be wrong. "Separately, the board told the Securities Investors Association (Singapore), or Sias, that an executive's remark about commissioning some two million test kits in two months "was referring to the intended build-up in inventory in anticipation of orders for the test kits and not firm orders". "As such, the company would like to clarify that the statement should not be interpreted as a projection by management," Biolidics added. "The decision on the order volume by the company in the next two months will be dependent on the sales volume as well as.." https://www.straitstimes.com/business/companies-markets/biolidics-replies-to-sgx-on-appointing-aytu-bioscience ST3-trading      ( Date: 28-Apr-2020 17:28) Posted: 1.25mil order ftom aytu . . Conftim no other orders

 

This news was reported on CNA 13hours ago.  If it has any effect, it would have reflected today already.

ST3-trading      ( Date: 28-Apr-2020 17:27) Posted: White House trade adviser Navarro lashes out at China over ' fake' COVID-19 test kits bad news

 

Not form orders it seems, I might be wrong. "Separately, the board told the Securities Investors Association (Singapore), or Sias, that an executive's remark about commissioning some two million test kits in two months "was referring to the intended build-up in inventory in anticipation of orders for the test kits and not firm orders". "As such, the company would like to clarify that the statement should not be interpreted as a projection by management," Biolidics added. "The decision on the order volume by the company in the next two months will be dependent on the sales volume as well as.." https://www.straitstimes.com/business/companies-markets/biolidics-replies-to-sgx-on-appointing-aytu-bioscience

ST3-trading      ( Date: 28-Apr-2020 17:28) Posted: 1.25mil order ftom aytu . . Conftim no other orders  Cadence88      ( Date: 28-Apr-2020 17:23) Posted: Atyu ? It's a distributor , there is no confirmed orders it seems from the answer to SGX query

 

1.25mil order ftom aytu . . Conftim
no other orders 

Cadence88      ( Date: 28-Apr-2020 17:23) Posted: Atyu ? It's a distributor , there is no confirmed orders it seems from the answer to SGX query. ST3-trading      ( Date: 28-Apr-2020 17:20) Posted: Yes, the world have no luxury ti e . But  our bio company is taking their time .  from the bloomber interview , he already said , he receive calls from all over the world .  but i only see 1 deal .

 

White House trade adviser Navarro lashes out at China over ' fake' COVID-19 test kits

bad news

 

Atyu ? It's a distributor , there is no confirmed orders it seems from the answer to SGX query.

ST3-trading      ( Date: 28-Apr-2020 17:20) Posted: Yes, the world have no luxury ti e . But  our bio company is taking their time .  from the bloomber interview , he already said , he receive calls from all over the world .  but i only see 1 deal .  mistrally      ( Date: 28-Apr-2020 16:50) Posted: 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." https://www.nytimes.com/2020/04/27/nyregion/new-york-city-doctor-suicide-coronavirus.html   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.

 

Yes, the world have no luxury ti e . But 
our bio company is taking their time . 
from the bloomber interview , he already said , he receive calls from all over the world . 
but i only see 1 deal . 

mistrally      ( Date: 28-Apr-2020 16:50) Posted: 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." https://www.nytimes.com/2020/04/27/nyregion/new-york-city-doctor-suicide-coronavirus.html   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. Cadence88      ( Date: 28-Apr-2020 15:11) Posted: Yes. HIV testing is using antibody test as screening stage. But the diseases and their method of transmission are different. Thats' the difficulty of finding out what' s the best for a novel infectious disease

 

Biolidics' proprietary product is in unrelated cancer diagnostics not sure how proven it is. As for Covid test kit, I think they either licensed it from China or is a reseller.

mistrally      ( Date: 28-Apr-2020 16:50) Posted: 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." https://www.nytimes.com/2020/04/27/nyregion/new-york-city-doctor-suicide-coronavirus.html   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. Cadence88      ( Date: 28-Apr-2020 15:11) Posted: Yes. HIV testing is using antibody test as screening stage. But the diseases and their method of transmission are different. Thats' the difficulty of finding out what' s the best for a novel infectious disease

 

Think BBs patiently collecting for a good reason. Just opinion.

ST3-trading      ( Date: 28-Apr-2020 15:09) Posted: No volume now, 100 buy 300k selling

 

Cadence88      ( Date: 28-Apr-2020 15:11) Posted: Yes. HIV testing is using antibody test as screening stage. But the diseases and their method of transmission are different. Thats' the difficulty of finding out what' s the best for a novel infectious disease. NT7979      ( Date: 28-Apr-2020 14:56) Posted: IMO, there' s always a tradeoff between rapid and accuracy. however different nature of test kits have its own place in the different diagnostics stages that complements each others. Stage 1 of diagnostics - General Screening -  using cheaper and rapid method Stage 2 of diagnostics - Precision / targeted testing for confirmation - high accuracy (usually lab test required) and costly. for instance, below are some examples of progression from stage 1 to stage 2 of diagnostics. Cardiovascular Disease -  ECG (cheap & rapid result, but not so accurate) --> Coronary Angiography and Cardiac Catheterization (high accuracy, slow & costly) Pregancy -    Off the shelves - Pregancy Kits ----> Ultrasound  some other diseases - General Pracititioners  -- > Specialists Can' t be everyone will be going to lung specialists when they have some respiratory right. Of Coz, its still their personal choice if they have to money to go straight to see a specialist. in this context, I could see antibodies test as stage 1 and PCR as stage 2 of diagnostics. They compliment each other.  just my own opinion.

 

 

Exactly.. that?s where the gov have to decide on the trade off. Like many already say, nothing is 100%. Similarly for PCR, there are also false negatives. Then how?

Just to clarify, I am assuming the kits are legit and gone through proper vetting from certified institutions or associations, which I think in this case, bio is actively doing/done.

My focus is on those who tested positive, what are quick action steps we can take to quash it. Those who are neg with exposure, still have to serve QO one, be it what test you use.

And FYI, bio did a sample trial and ran against PCR test, for negative status, it?s 100% consistent with PCR. You can find all these on AYTU site.

Means if PCR -ve, their kit will also show -ve, 100% of the time. And for specificity, it?s 100%, meaning it will not erroneously identify other antibodies unrelated to covid. That?s why, many countries still found patients return reinfected, even though PCR cleared them for discharge.

Tbh, those that falsely tested neg is another problem on its own. One that got no solution. Nothing that suggests either tests have an advantage over another?

Cadence88      ( Date: 28-Apr-2020 15:09) Posted: Already said earlier .. someone tested negative for COVID antibody doesn' t mean for sure he has not been infected. Doctors are seeing many recovered or recovering patients who do not show any (or enough to be tested) antibody. There are some people to toy with the idea of immunity (or antibody if you like) passport but so far no country has implemented.  That' s why : ..encourages the continuation of work to establish their usefulness in disease surveillance and  epidemiologic research. wokiechewbacca      ( Date: 28-Apr-2020 14:49) Posted: I state an example- If upon first diagnosis of FW, knowing their living habits and conditions, deploy tests to all dorms. Immediately separate those with and without antibodies, those positive send for confirmation via PCR Those neg isolate and monitor as still high risk. Better, faster and cheaper than swabbing everyone @3k testing rate per day? Eg2, Someone in your office kenna. They quarantine whole office. You may get it and be asymptomatic at home, but gov not going to swab all of you unless they have cause. You want to do test to know if you have been exposed for the sake of pple around you. If it shows you have antibodies, then how? What is means for all contacts of your family members? Such information, timing not important? Got time and resources to do PCR? Again, not discussing immunity here. That is not the function I?m trying to explain.

 

Yes. HIV testing is using antibody test as screening stage. But the diseases and their method of transmission are different.

Thats' the difficulty of finding out what' s the best for a novel infectious disease.

NT7979      ( Date: 28-Apr-2020 14:56) Posted: IMO, there' s always a tradeoff between rapid and accuracy. however different nature of test kits have its own place in the different diagnostics stages that complements each others. Stage 1 of diagnostics - General Screening -  using cheaper and rapid method Stage 2 of diagnostics - Precision / targeted testing for confirmation - high accuracy (usually lab test required) and costly. for instance, below are some examples of progression from stage 1 to stage 2 of diagnostics. Cardiovascular Disease -  ECG (cheap & rapid result, but not so accurate) --> Coronary Angiography and Cardiac Catheterization (high accuracy, slow & costly) Pregancy -    Off the shelves - Pregancy Kits ----> Ultrasound  some other diseases - General Pracititioners  -- > Specialists Can' t be everyone will be going to lung specialists when they have some respiratory right. Of Coz, its still their personal choice if they have to money to go straight to see a specialist. in this context, I could see antibodies test as stage 1 and PCR as stage 2 of diagnostics. They compliment each other.  just my own opinion.

 

Already said earlier .. someone tested negative for COVID antibody doesn' t mean for sure he has not been infected. Doctors are seeing many recovered or recovering patients who do not show any (or enough to be tested) antibody.

There are some people to toy with the idea of immunity (or antibody if you like) passport but so far no country has implemented. 

That' s why : ..encourages the continuation of work to establish their usefulness in disease surveillance and  epidemiologic research.

wokiechewbacca      ( Date: 28-Apr-2020 14:49) Posted: I state an example- If upon first diagnosis of FW, knowing their living habits and conditions, deploy tests to all dorms. Immediately separate those with and without antibodies, those positive send for confirmation via PCR Those neg isolate and monitor as still high risk. Better, faster and cheaper than swabbing everyone @3k testing rate per day? Eg2, Someone in your office kenna. They quarantine whole office. You may get it and be asymptomatic at home, but gov not going to swab all of you unless they have cause. You want to do test to know if you have been exposed for the sake of pple around you. If it shows you have antibodies, then how? What is means for all contacts of your family members? Such information, timing not important? Got time and resources to do PCR? Again, not discussing immunity here. That is not the function I?m trying to explain.

 

No volume now,
100 buy 300k selling

 

IMO, there' s always a tradeoff between rapid and accuracy. however different nature of test kits have its own place in the different diagnostics stages that complements each others.

Stage 1 of diagnostics - General Screening -  using cheaper and rapid method
Stage 2 of diagnostics - Precision / targeted testing for confirmation - high accuracy (usually lab test required) and costly.

for instance, below are some examples of progression from stage 1 to stage 2 of diagnostics.

Cardiovascular Disease -  ECG (cheap & rapid result, but not so accurate) --> Coronary Angiography and Cardiac Catheterization (high accuracy, slow & costly)
Pregancy -    Off the shelves - Pregancy Kits ----> Ultrasound 
some other diseases - General Pracititioners  -- > Specialists

Can' t be everyone will be going to lung specialists when they have some respiratory right. Of Coz, its still their personal choice if they have to money to go straight to see a specialist.

in this context, I could see antibodies test as stage 1 and PCR as stage 2 of diagnostics. They compliment each other.  just my own opinion.
 

 

Moderna is going phase 2 of covid vaccine.


Moderna Announces IND Submitted  to  U.S. FDA  for  Phase 2 Study  of  mRNA Vaccine  (mRNA-1273)  Against Novel Coronavirus. April 27, 2020