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Looks promising from Bosch... bosch-presse.de/pressportal/de…
And it involves N Ireland company @randoxbio technology too - looks like great news that a test could be done in 2.5 hours to WHO standards... opens up Korea style testing possibilities...
“newly developed test will be available in Germany starting in April, with other markets in Europe and elsewhere to follow” - so NI tech commercialised with German firm, and going to German health system first...

Interesting to know if also then part of massive EU procurement
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Faisal Islam
@faisalislam
German scheme for freelancers already depositing thousands of euros in actual bank accounts - eg in Berlin given €900m to 100,000 people/ small businesses...

Extraordinary speed in terms of support spending there
Translation of app form for B-W below
wm.baden-wuerttemberg.de/de/service/foe…
The individual states’ schemes, many operated through the regional development banks have rather rapidly handed out cash there to people showing Coronavirus “liquidity bottlenecks” but it looks like they are all now being replaced with a Germany-wide scheme...
This the @rki_de public register of every hospital in Germany, traffic light rated on bed availability for different types of ventilated bed, ECMO machines... etc...

divi.de/register/inten…
Read 4 tweets
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Faisal Islam
@faisalislam
German company @tibmolbiol who having with authorities such as @rki_de identified a possible need to mass test in January, had produced kits for testing 4 million by end Feb, and 1.5m a week since then = so much so they have exported them worldwide...

bloomberg.com/news/articles/…
There are UK companies that were developing similar capacity to the Germans... just was not scaled quickly.

Eg Randox in NI - they seem to have done a deal with Bosch, and that very quick Bosch test will go to German market first

LGC Biosearch another UK HQd company
Below LGC Biosearch Mar 9 release on reagents for 1m Covid tests a week - in US

The twist here:

LGC stands for Laboratory of the Government Chemist, privatized in 1996, now owned by private equity, but still fulfills role of UK Government Chemist

lgcgroup.com/newsroom-and-b…
Read 3 tweets
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Faisal Islam
@faisalislam
NEW:
UK banks have agreed not to pay out dividends - after BoE firmly suggests they do not, to preserve capital for lending.

Also understand Bank of England has indicated to banks that they should not be paying cash bonuses either. More on #bbcnewsten
Bank of England PRA statement on this, confirming all UK deposit takers have cancelled dividends bankofengland.co.uk/prudential-reg…
European Central Bank did the same last week..
Read 4 tweets

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