Discover and read the best of Twitter Threads about #Novacyt

Most recents (24)

(2011) #Roche launched the LightCycler Nano POC 🔬

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"

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

#Novacyt
“The new LightCycler® 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.”

Gerd Haberhausen, Roche
Read 7 tweets
For those who missed the #Novacyt AGM here are some highlights 😊...

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

Little reminder IT-IS purchase cost just £10m
Listing plans (AIM, EuroNext, NASDAQ)

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

#Novacyt
Read 13 tweets
Fact check:
#Novacyt Exsig underwent Clinical & NHS validation

👇 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
#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
Read 4 tweets
2020 Figure's:

🇬🇧 70% sales NHS/DHSC
👨‍💼 18% via Distributors (UK & International)
🔬 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
#Novacyt's COVID-19 tests received UKAS Medical Accreditation for use within 4 UK private labs in past month

✅ The Scientists Laboratory Ltd (10k daily capacity)
✅ Epistem Ltd
✅ 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
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

Busy with clinical trials 👩🏼‍🔬
#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
Read 11 tweets
#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
#Novacyt more than COVID-19 🔬

🔎 550 non COVID range

. Human pathogen
. Veterinary
. Food, water & agriculture
. Bio threats
. Genotyping

Find out in April how #NCYT will leveraging it's role within 🇬🇧 diagnostics infrastructure

#ALNOV #Primerdesign
#Novacyt's Genesig tests are designed to run on the q16 & larger q32 which is one of the fastest qPCR instruments in the world

I'm looking forward to seeing ProMATE being adapted to further simplify #NCYT testing base
#Novacyt have a Massive range of Respiratory Infection detection kits

& as demonstrated by COVID they are fast to react to new threats

& now UK has the tools & political will to test

#Novacyt #ALNOV #NCYT #Primerdesign
Read 14 tweets
Some PCR investor stress caused by reissue of LFT Tender

It's value was cut by 2/3rd's

£8b down from £20b

Bids submitted by 7th April

Add on bid evaluation period

& 30 days contact standstill / freeze period

#Novacyt #Microgen compete for both

bidstats.uk/tenders/2020/W…
Is #Novacyt taking off 🛫?
Read 5 tweets
BCG analyzed 🔬 🇺🇸, 🇫🇷 , 🇩🇪 , 🇮🇹, 🇪🇸 Outlook

Testing's likely to follow similar trajectories

Peak COVID demand occurring in the seasonally affected first quarters of 2021 & 2022

#Novacyt #ALNOV #NCYT

bcg.com/en-in/publicat…
BCG anticipate continued need for testing in 2023 & 2024

Even if vaccines prove to be highly effective, the need to test people for COVID-19 will continue, for at least five reasons

#Novacyt #ALNOV #NCYT
TESTING DEMAND DRIVERS:

. Epidemiology of the COVID-19 🧬
. Impact of the vaccines 💉
. Impact of therapeutics 💊
. Government policy 📜

What makes a good test 🔍
#Novacyt #ALNOV #NCYT
Read 5 tweets
Don't you wonder sometimes
About genes and vision?

#Novacyt #ALNOV #NCYT

“Our SNPsig assays are the same high level of accuracy as our PCR SARS-CoV-2 portfolio,” Mullis said. More variants will be added as they are identified.

ImageImage
“primary challenge for COVID-19 diagnostics companies is ensuring their products continue to accurately test for the virus, regardless of the variant, and to innovate at the challenging pace required to remain clinically relevant"

Graham Mullis #Novacyt

bioworld.com/articles/50347…
🔬👩🏻‍🔬#Novacyt👨‍🔬🔬

#NCYT launched PCR genotyping assay portfolio to detect COVID-19 variants

#ALNOV The SNPsig portfolio is designed to run on central laboratory systems & on the company’s q16 and q32 rapid PCR systems
Read 7 tweets
Prof Sharon Peacock Cambridge Uni, her work sequencing variants may be required for at least 10 yrs

bbc.co.uk/news/uk-560199…

#Novacyt #ALNOV #NCYT
(April) Novacyt Partners With AstraZeneca, GSK, University Of Cambridge To Increase COVID-19 Testing

#Novacyt #ALNOV #NCYT
Read 13 tweets
When the ship sways you don't jump into waters where sharks lurk #LFT's

Jump out of a plane during turbulence

Not me 😎 plane sailing
#SureScreen #LFT💩

"now in their final stage of validation in clinical trials" NOT APPROVED

"sensitivity against high viral loads" 💩🔬

#MattHancock Daily Briefing (08/02/21) test detects 1/3 cases

gov.uk/government/new…

Who's life would you risk?

#Novacyt #PCR 🔬🏅☑️
COVID Antigen LFT validation prioritisation criteria update (8/02/21)

SureScreen were awarded direct tender on 8th. Could struggle to diagnose asymptomatics, test only detects "High viral loads"?

@GoodLawProject @JolyonMaugham @Independent

gov.uk/guidance/later…
Read 7 tweets
UK micro > small cap 🔬 snap shot

#Novacyt
Sales - £277m
Cash - £92m
COVID prods on sale - 10+
Market Cap - £565m

#Abingdon, #BBI, #Omega, #Avacta, #GeneDrive (#GDR) & #Yourgene

Sales - £28m > £30m (Yourgene £18>£20m)
Cash - 🤔
COVID prods on sale - 3🤔
Market Cap - £761m Image
There's a margin of error to account for BBI accounts which aren't public, awaiting GeneDrive which reports 31/03, Avacta account were published 23/01 last yr.

Say £5m tops. Small fry when you consider imbalance of collective market capitalisations.
AIM 2020 Top % Risers (cash / Mcap)
#NCYT - £91.8m / £553m
#AAA - £10.2m / £204m
#SNG - £10.9m / £305m
#GGP - £6m / £983m
#EQT - €1.7m / £156m
#SVE - £118k / £13m
#EUA - £50.8k / £759m
#MNO - £1.43m / £25m
#PHE - £5m / £306m
#OMI - £7.6m / £51m

*info as per latest relevant RNS Image
Read 10 tweets
#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
#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
📹 is worth a thousand 🖋

ProMATE saving many pipettes steps 🧫

Better 🥳 (work flow)

Faster 🏃 (180 mins to 80)

Safer ☣ (no need for Class ii cabinet)

#Novacyt #ALNOV #NCYT

Taking it to the next phase

It's simple, @PrimerdesignLtd designed it that way

Efficient workflow, further enabling Point of Care testing within NHS settings 👨‍🔬 & beyond 👩🏻‍🔬🗺️ Image
The Q16, Q32 ProMATE squad 🧬🔬👨‍🔬🏆

#Novacyt #ALNOV #NCYT Image
Read 10 tweets
World Economic Forum: Global Risks Report 2021

Each year world leaders meet to assess and vote on global risks for the years ahead. This year they met in the middle a pandemic.

#NCYT #ALNOV #NVYTF #NOVACYT
Leaders were asked to assess the *Likelihood* of risks, while also assessing the *Impact* of each global risk on a scale of 1 to 5.

1 representing a minimal impact and 5 a catastrophic impact.
They were also asked to consider the top 5 greatest risks over the next 10 years.
Read 9 tweets
#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
#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
#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
#ncyt #alnov #novacyt

A tous ceux qui croient que les tests sont finis, que ncyt retourne a la cave, que cette entreprise ne vaut rien, que le covid, c'est le passé, que les vaccins arrivent

Réveillez vous

Les vaccins ne sont pas prêts
Les tests dureront
Ncyt innove sans cesse
#novacyt #alnov #ncyt

Fil : vaccins et tests, la fin des valeurs covid ?

Certains essaient de faire croire que le covid est derrière nous, que les vaccins sont prêts et que demain tout rentre dans l'ordre.

1/10
Les études en cours sont plus que précoces, sur de petirséchantillons, avec de nouvelles technologies jamais testées, et sans recul !

Bien évidemment, si un vaccin sûr venait à anéantir cette pandémie, j'en serait plus qu'heureux. Mais ce n'est pas encore le cas, et de loin
2/10
Read 11 tweets
#ncyt #alnov #novacyt

R&D update :

- NPT going forward

- Promate rollout for better NPT efficiency

- developing Rt-lamp

- developing LFT

- developing New covid test for a New strain
#ncyt #novacyt #alnov

- promate : New product with less reagents

- it-is production capacity increased by more than 5 !

- npt deployed in other NHS centers and worldwide !

- lamp test : for q16/32 in 20 min on développent

- developing antibody LFT
Read 5 tweets

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