While we await Q&A answers from & AGM agenda next week from @NovacytGroup here are some of the slides & video
Diagnostics set to boom 💥
#novacyt #ALNOV #NCYT building blocks in place for sustained growth
#Novacyt #ALNOV #NCYT
Catalogue of assays ready to convert to ProMATE & q16/32 🔬 platform
Company readying to turn into a Point of Care diagnostics leader
#Novacyt #ALNOV #NCYT
With IT-IS acquisition & addition of ProMATE + new sample handling instrument they are a one stop testing shop 🔬🎯
#Novacyt #ALNOV #NCYT
PCR 🆗
Antigen LFT 🆗
Antibody LFT 🆗
LAMP 🆗
Point of Care instruments 🆗
COVID 🆗
COVID + 🤔
Post COVID 🤔 (Infectious disease, respiratory & transplant targets)
#Novacyt #ALNOV #NCYT
Slick COVID dedicate sales site 🕸️
Imo we'll see a new Novacyt web page when the time is right
testandyou.org
#Novacyt #ALNOV #NCYT
Sales primarily driven internally (60% ~ i forget exact %)
Broad distribution channels & client base
#Novacyt #ALNOV #NCYT
Growth plans:
↗️ Use cash to leverage 250+ assays
↗️ Grow instruments installed base (razor & blade model)
↗️ q16 & 32's + ProMATE = decentralised labs solutions 🔬
↗️ Build on companies brand which has been established during pandemic
#Novacyt #ALNOV #NCYT
✅ Low capital intensive business
✅ Target high margin market's
✅ Cash in the bank
#Novacyt #ALNOV #NCYT
Fast & nimble organisation 🏃🤸🏿♀️
In past lack of cash & focus on diagnostics impeded growth
All the stops will be removed DHSC pay up
By the way DHSC placed new ProMATE order of £4.7m
Clearly happy with @NovacytGroup leading product
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