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Something I’ve wondered for a while. What do you think the potential revenue is on the MSC front ?
The test kits can be mass produced, have high demand and they can make revenue fairly quickly. I’m not as educated on the MSC front, any thoughts ?
This was announced yesterday, still waiting for today’s new announcements.
Another company just got EAU for the antibody test - Mount Sinai Laboratory. Just the single IGg test. That’s 3 in 2 days.
https://www.fda.gov/media/137032/download
Looks like Chembio Diagnostic System, Inc got EAU for Serology IgM and IgG.
Under Test Kit Manufacturers and Commercial Laboratories Table.
https://www.fda.gov/medical-devices/emergency-situations-medical-devices/emergency-use-authorizations
Maybe, but thinking through it more, they probably would have needed this type of role (personality) upon first product commercialization. The pace of the business will be changing dramatically, maybe a shock to some folks who don’t have the recent operations experience.
Totally makes sense. Bring in a smart mind at this stage of development, help with mass product launch and execution, industrialize process for future role outs (Stem Cells, Art Guide etc....). Assume he’s a Supply Chain MBA then.
Fantastic - Thank you for the insights !
Again, trying to think ramp up through E2E, when they do get EAU, l wonder if the sales team will need ramping up. Also, product helpline etc....Logistics as we know is outsourced.
Keen to know folks thoughts on NASDAQ up-list... Will it be dependent on xx days over $2 or $3 or will they have to publish their next 10-Q (June l believe)?
Do you think Sorrentino will play a more active role, or will they bring in a heavyweight from outside to support the ramp up (or both).
This all sounds very exciting for us longs !
It’s been a heck of a journey so far.
Flower Girl, that’s great insight, and very plausible. When do you estimate we get the EAU for the Antibody Test ?
Is it me, or has the page been taken down ?
That’s valid, appreciate the thought.
How many do we have outstanding ? Apologies if someone mentioned earlier today.
I’m staying up tonight !!
Thanks for the clarity sir.
Wouldn’t we see an updated FDA website prior to a PR ?
It’s looking good !
WORX had 94M volume today.... Can you imagine that kind of investor attention on a stock less than half the price??
Alternatively, given the sheer volume of work they are pivoting too, one could be focused on execution and the other on product development, approval and contracts.
Wonder if they will get approval quicker than the antibody test, based on number of applicants in the area??
News Out - Predictive Submits Emergency Use Authorization Application for Treatment of Acute Respiratory Distress Syndrome Secondary to COVID -19 with Umbilical Cord Mesenchymal Stem Cells
This April 9, 2020, photo provided by 20/20 Genesystems, Inc., shows an individual test cartridge of a test for the new coronavirus. It contains two separate test strips, one for each antibody.
https://www.detroitnews.com/story/news/nation/coronavirus/2020/04/12/fears-wild-west-covid-blood-tests-hit-market/111541352/
Thank you for the response.
I appreciate your diligence as a researcher. In that spirit, would share your thoughts on dual vs single cassette for IgM/IgG?
Two questions.
1. Which do you think is most effective between IgM/IgG single vs double cassette.
2. Do you think an effective antibody test will help this country start up again ?
Thanks for your thoughts in advance.
Thanks for the definition response between the two cassettes. It’s appreciated.
From your research, can you list the companies out there that are currently offering a test for both igg and igm on the same cassette.
Thanks for the due diligence ahead of time.
Zhang, can you please list the dual cassette tests you are seeing as stated? Maybe separate it into two lists, one for single cassette also. Thanks for the due diligence in advance.
Call them to clarify.
It’s Abbott, l just called them...
“The test is a rapid antibody COVID-19 test. It tests for two antibodies in particular, IGG and IGM,” Davidoff said.
Maybe they are using PREDs dual cassette ?? Time will tell.
https://newyork.cbslocal.com/2020/04/11/coronavirus-covid-19-rapid-antibody-covid-19-testing-union-city-new-jersey/
PRED has an integrated solution l believe !
https://www.boston.com/news/health/2020/04/11/first-opinion-covid-19-immunity-certificates-practical-and-ethical-conundrums
It’s a team effort - Though Brian is king diligence!!
Amen brother.
Longs, stop panicking.
The next two weeks will transform your view (IMHO).
This is a list for the Philippines - Did l miss something ?
Buying just shot up....
Somethings Going On....
Have my fingers crossed sir !
Assume that’s now, any idea what it was last summer ?
Point is, assume there’s a huge delta and without monster buyers in the house now, this is going to be a slow and steady ride up which should protect longs from a major collapse should the shorts attack again.
The company IMHO needs to continue drip feeding the news at least once / twice a week now....
Question for those folks like me where here through the ride to $6.91 last summer.
How big was the float approx then compared with now ?
Thanks !
How long has this been on the site ?
I’m a long trust me, but there’s no press release and l can’t find anything on the FDA website.
Can you share the link ?
Why’s there no press release ?
My interpretation also, and if successful opens up the doors for nation wide support, and l believe we in a very good position to help.
HUGE !!!