#ncyt #alnov #novacyt

That's nice. PROmate, as part of the national microbiology framework has it's own contract.

The £4m amount until next Year has been announced by @NovacytGroup a few weeks ago. But without any minimal amount secured as stated.

1/4
#ncyt #alnov #novacyt

Now we have the contract in front of us.

"By execution of the contract, DHSC shall submit to the supplier a purchase order for the sum of xxxxx"

Interesting 🧐

2/4
#ncyt #alnov #novacyt

Our relation with DHSC is far from over.
Monthly meetings to review several points.

Thanks to Steve Gibson, CFO, for signing this contract on behlaf of @NovacytGroup 🧐

3/4
#ncyt #alnov #novacyt

And thanks to @graphitebot2, we learn tonight that a Big fund has bought 610.000 shares of #ncyt recently.

UK growth fund of hambro cap is worth £485m and part of J.O Hambro, managing £33.1bn.

Some reversal coming soon ?

4/4

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More from @Larry64450205

22 May
#ncyt #alnov #novacyt

A little mixed thread.

Our R&D, the bioinformatic reports, SNPsig, PROmate, Versalab, DHSC, takeovers, the RNSs, wierd stuff, whats next, some risks, etc

1/20
Waiting for AF LFT.
1m tests/week to start.
Shouldnt be long to wait, as theyre already looking for tenders for it. (See UN notice of interest)

For home use and professionnals. Very important. It opens many markets !

2/n
Read 20 tweets
8 Feb
#ncyt #alnov #novacyt

SP Angel published a New note on #ncyt

You Can Access the full document here :
novacyt.com/wp-content/upl…

The target Price is 1433p, but there are many interesting things in this document.

Thread ⤵️
1/15 Image
First, the FY2020 results are better than in the last forecast.

Actual vs previous forecast
Revenue 311m vs 287m
Cash 101m vs 79m

The cash accumulated will allow them to develop themselves into a "high margin clinical diagnostics" sector.

2/n Image
Revenues and forecast.

Things are really important here.
We Can see the revenues decrease until 2023 on this forecast.

But look at the cash accumulation. This will not sit in the bank and wait !

So, when they use this cash for aquisitions for ex.,

3/n Image
Read 15 tweets
31 Jan
#ncyt #alnov

#novacyt has a great capacity in identifying the needs of the market.

Many tests developped this year respond to precise needs

And there are many more to Come this year

- History
- promate & its future
- rt-lamp
- LFT
- sequencing and variants

Thread 1/17 ⤵️
Little History.

- covid-HT was specificly developped for the AZN lighthouse lab in Cambridge

- Winterplex was one of the first of his kind, developped to answer the needs of NHS

2/n
- exsig direct direct to symplify the workflow of the PCR

- mink strain test : theyre the first ones, again, for this test, who could have had a sognificant importance if this strain had spread

3/n
Read 17 tweets
15 Dec 20
#ncyt #alnov

@BioGradLabs are using #novacyt's covid pcr test.

➡️Clinics in 6 cities.

➡️Large scale screening services (schools,work places,sport events,...)

➡️Processing up to 15k tests per day (lft+pcr+antibody)

➡️"most sensitive test for pre flight covid screening"

👇👇 ImageImageImage
#ncyt #alnov #novacyt

In the pictures, see @BioGradLabs testing kits being prepared to be sent to partner schools.

Here, an article about @BioGradLabs, and the expected increase of covid tests After the New 5 days quarantine rules :
business-live.co.uk/economic-devel… ImageImage
Read 5 tweets
16 Nov 20
#ncyt #alnov #novacyt

Thread:

Summary and vision of the rns "Advances in Research & Development"

- NPT
- Promate
- rt-lamp
- antigen test
- Danish strain test
- it-is production
- conclusion

1/8
Npt:

More than convincing results on a large sample:

- S&S greater than 99%
- Quick results
- mid-nose sample

We can calmly assume:

➡️ a contract with nursing homes will arrive
➡️That the contract with the NHS will enter phase 2

2/8
Promate and NPT:

New reagents:

- simplified use
- less reagents needed and lyophilized
- reduction of the duration of a test
- viral inactivation: less protection needed

➡️ Facilitate the use of Qs in small hospitals and nursing homes
➡️ New Contracts

3/8
Read 8 tweets
16 Nov 20
#ncyt #alnov #novacyt

Fil :

Récapitulatif et vision de la rns "Avancées en Recherche & Développement"

- NPT
- Promate
- rt-lamp
- test antigénique
- test souche danoise
- production it-is
- conclusion

1/8
Npt :

Résultats plus que probants sur un large echantillon :

- S&S supérieurs à 99%
- Résultats rapides
- prélèvement mi-nez

On peut sereinement supposer :

➡️qu'un contrat avec les maisons de soins va arriver
➡️Que le contrat avec le NHS va entrer en phase 2

2/8
Promate et NPT :

Nouveau réactifs :

- utilisation simplifiée
- moins de réactifs nécessaires et lyophilisés
- réduction de la durée d'un test
- inactivation virale : moins de protections nécessaires

➡️ Faciliter l'utilisation des Qs dans les petits hôpitaux et ehpads

3/8
Read 8 tweets

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