For those who missed the #Novacyt AGM here are some highlights ๐Ÿ˜Š...

2021 Guidance
#Novacyt Small bolt on M&A can be financed from cash

Little reminder IT-IS purchase cost just ยฃ10m
Listing plans (AIM, EuroNext, NASDAQ)

"As of today we have no plans to change our listings"

#Novacyt
#Novacyt Midcap plans (ยฃ1b >ยฃ2b)
Currently working on USA expansion plans, #Novacyt will update market in near future

๐Ÿ‡บ๐Ÿ‡ฒ Is largest global diagnostics market
37% AIM v 63% EuroNext #Novacyt
#Novacyt have so far do donated 200,000 Genesig tests of 1m to #UNICEF which have not come from excess inventory
Largest #Novacyt growth potential, Point of Care/Near Patient testing ๐Ÿ”ฌ

(q16/q32's/ProMATE)
#Novacyt outlook for COVID testing in the coming years
#Novacyt auditor treatment of DHSC accounting
#Novacyt mainland market strategy will focus on Direct sales
#Novacyt CEO Graham Mullis retirement message as he hands over the keys to David Almond

Congratulations to Graham for years of hard work & vision enabling @NovacytGroup to respond to the pandemic, achieve profitability & setting the company on the path to mid cap status ๐Ÿ’ซ๐ŸŒŸ๐Ÿ’ซ
#Novacyt Chairman of the Board James Wakefield thanks Graham for his past endevors & welcomes new CEO David Almond to the business, highlighting his can-do attitude, leadership, commercial experience & recent success with prior companies dual listing on NASDAQ

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More from @NewFormsResearc

20 Oct
(2011) #Roche launched the LightCycler Nano POC ๐Ÿ”ฌ

Via white label with IT-IS who also licensed to @NovacytGroup (sold as q32 + q16)

2014 IT-IS sought legal damages against Roche for patent infringement

2020 @NovacytGroup bought IT-IS
#Novacyt #ALNOV
"Many research labs use 96-well instruments, but the average number of samples per run is often below the capacity of the instruments"

๐Ÿค "should satisfy the needs of many PCR researchers by fitting well into their work environment"
Roche Marketing VP Fernandes-McAlear

#Novacyt
โ€œThe new LightCyclerยฎ Nano Instrument delivers proven high quality at an affordable price & expands our qPCR business into a new segment. Customers will love the smart design of the instrument & appreciate the high quality data they can produce with it.โ€

Gerd Haberhausen, Roche
Read 7 tweets
7 Oct
Fact check:
#Novacyt Exsig underwent Clinical & NHS validation

๐Ÿ‘‡ Wrong:
"So in essence if you look you will not find a document (that I have ever seen) saying Exsig formally passed its in service trial in relation to the contract whereas you will find one for Promate"

#ALNOV
For supposed researched person, he's lazy. His thesis called out #Novacyt's 3rd party manufacturing for lowering margins

#ALNOV "invests in infrastructure to bring previously outsourced work in-house & to drive further automation, leading to improved margins & process controls"
Read 6 tweets
8 Sep
2020 Figure's:

๐Ÿ‡ฌ๐Ÿ‡ง 70% sales NHS/DHSC
๐Ÿ‘จโ€๐Ÿ’ผ 18% via Distributors (UK & International)
๐Ÿ”ฌ 12% Private Lab sales

#Novacyt #ALNOV #NCYT
10 COVID products launched

ProMATE simplifies sample preparation, to be applied to:

Infectious diseases
Respiratory
Transplant

"targeted niches where we believe there is still very high unmet medical need"

"faster, more accurate or easier diagnosis" #Novacyt #ALNOV #NCYT
Risks:

"Management's confidence in settling the outstanding commercial dispute"

If dispute isn't favourably resolved #Novacyt has sufficient cash untill June 2022 without need to raise finding

#ALNOV #NCYT
Read 14 tweets
7 Sep
#Novacyt's COVID-19 tests received UKAS Medical Accreditation for use within 4 UK private labs in past month

โœ… The Scientists Laboratory Ltd (10k daily capacity)
โœ… Epistem Ltd
โœ… MDNA Life Sciences Ltd

Courtesy of @BlackbirdInvest

#ALNOV #NCYT
Wren Healthcare received UKAS Accreditation for use of #Novacyt's Point of Care solution

Q16/32's with ProMATE, no bio hazard safety cabinet required

At least 9 Versalabs have been supplied with approx 900 daily capacity each #ALNOV #NCYT

Thank you @Larry64450205
Read 4 tweets
1 Sep
While we await Q&A answers from & AGM agenda next week from @NovacytGroup here are some of the slides & video

Diagnostics set to boom ๐Ÿ’ฅ

#novacyt #ALNOV #NCYT building blocks in place for sustained growth

#Novacyt #ALNOV #NCYT

Busy with clinical trials ๐Ÿ‘ฉ๐Ÿผโ€๐Ÿ”ฌ
#Novacyt #ALNOV #NCYT

Catalogue of assays ready to convert to ProMATE & q16/32 ๐Ÿ”ฌ platform

Company readying to turn into a Point of Care diagnostics leader
Read 11 tweets
1 Sep
How not to do in-game product placement ๐Ÿคข

screenrant.com/death-strandinโ€ฆ
#Mirriad "partnership comes at a time when consumers increasingly avoid ads & are becoming incredibly hard to reach & connect with. Brands need to become a deeply engaging part of peoples' experiences in new & radical ways"

londonstockexchange.com/news-article/Mโ€ฆ
Read 4 tweets

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