Biolidics now … Forum members and moderators are responsible for their own posts. SPH - DBS Research 2020-10-14: Weak Media Segment To Persist, Top Glove - CGS-CIMB Research 2020-10-14: Making Progress On Plans To List In Hong Kong. Rapid test kit – that work like pregnancy tests (but detect antiviral antibodies instead of pregnancy hormones) – It generates results faster and is potentially cheaper, but is less accurate compared to the RT-PCR test. The company's board replied in a filing on Sunday night that it does not expect a material impact on its business plans from its agreement with Nasdaq-listed Aytu BioScience. early morning also target $1. But a log-in is still required for our PDFs. Get The Straits Times app and receive breaking news alerts and more. 0.85 my target for now.. The causative agent of COVID-19 pandemic is a virus named SARS-CoV-2. But it is not to be used for confirmatory testing or as the sole basis for diagnosis. You have reached your limit of subscriber-only articles this month. No. Now just hope for the best. This forum is moderated by volunteer moderators who will react only to members' feedback on posts. sensitivity and specificity) using local patient samples; evaluate the feasibility of using finger pricking instead of venepuncture sampling methodology to obtain whole blood samples. Its shares saw rapid price swings last week after the announcement of the agreement with Aytu, which it said is likely to contribute positively to its revenue for the year to Dec 31. It may be used as a point-of-care test (POCT) in a wide range of healthcare settings by clinical personnel who are not trained in complex clinical laboratory procedures. Additionally, the Company will begin a separate study with NUH commencing on 6 April 2020. Singapore Share Investors | SGX Stock Analysis | Analyst Research Reports | Singapore Investment Blogs | Singapore Stock Market News | SGX Stock Picks | SGX Share Price | SGX Stock Forum | Singapore Stock Recommendation | SGX Stock Recommendation, FTSE ST Indices & STI Constituents Share Price, DBS Share Price , The company said "such information is commercially sensitive". All rights reserved. Biolidics Ltd - Phillip Securities 2020-04-21: Q&A On Their COVID-19 Rapid Test Kit. "The company will continue to monitor publicly available information on Aytu and will take appropriate steps to mitigate any potential negative financial impact on Biolidics arising from such developments," it said, without going into details on what these steps are. "The decision on the order volume by the company in the next two months will be dependent on the sales volume as well as availability of capital and human resources.". They can read the article in full after signing up for a free account. "The disclosure of such information may negatively impact the competitive strength of the company," it asserted, while clarifying that the test kits do not make use of Biolidics' patented technology to extract tumour cells from small amounts of blood. It also specified that it has not submitted any application to Indonesia. The rapid test can detect COVID-19 with more than 95% accuracy in 10 minutes (based on validation data obtained in studies conducted in China involving 570 samples from 5 hospitals) by the presence of antibodies. Hence, it can serve as an additional tool to provide more information to health authorities to shape their policies and measures to combat COVID-19. Source of the report is credited at the end of article whenever reference is made. Moderators are not employees or representatives of HWZ. Latest Forum Topics / Biolidics Last:0.325-- Post Reply: BIO PHARMA company do research on MEDICAL DISEASES. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. Sias also asked how Biolidics adds value to test kits that are made by a Chinese supplier in Nanjing. The results from our rapid test kit are not to be used for confirmatory testing or as sole basis for diagnosis. The ClearCell® FX1 System allows users to perform liquid biopsies to test for the presence of cancer cells (specifically circulating tumour cells, or CTCs) in blood samples or perform further analysis on cancer cells. The rapid test kit is branded under, Once test kits are approved for use, we can then deploy the rapid test kit, simultaneously collecting more clinical data and information, which is proprietary to. Wilmar International - CGS-CIMB Research 2020-10-16: Mind The Gap! Hopefully it will continue its trend up. OCBC Share Price. By registering, you agree to our T&C and Privacy Policy. The LFA technology used by. Welcome to Biolidics Limited’ s investor relations webpage, which we are committed to provide timely and transparent disclosures to the investment community.We hope that you will find the relevant information here or drop us an email at ir@biolidics.com . It noted that it can appoint another distributor if a contractual minimum purchase quantity is not met, or immediately terminate the agreement if terms are breached by Aytu or sub-distributors. The rapid test kit may also be used as a diagnostic support/ triage to false negatives by nuclei acid test (i.e. The Singapore Exchange (SGX) has queried Catalist-listed Biolidics over its appointment of a scandal-hit company as an exclusive distributor for rapid Covid-19 antibody test kits. There are generally 4 methods to identify the causative agent: RT-PCR testing is generally adopted around the world to confirm cases of COVID-19 because it is very specific and sensitive. Get unlimited access to The Straits Times and more at S$ 0.99/month. Biolidics: Catalist-listed cancer diagnostics company Biolidics on Monday said it will undertake a share placement to raise about $3.1 million to … Download from the Apple App Store or Google Play Store now. Find the latest $ Biolidics (8YY.SI) stock discussion in Yahoo Finance's forum. to tell if a patient has COVID-19 previously). Stock analysis research and articles on this site are for the purpose of information sharing and do not serve as recommendation of any transactions. The rapid test can detect COVID-19 with more than 95% accuracy in 10 minutes (based on validation data obtained in studies conducted in China involving 570 samples from 5 … It's just a typical pump & dump, quicky. Sign up for our daily updates here and get the latest news delivered to your inbox. The Singapore Exchange (SGX) has queried Catalist-listed Biolidics over its appointment of a scandal-hit company as an exclusive distributor for rapid Covid-19 … We submitted the relevant technical dossier/information of the rapid test kit and it was left to the EU and Philippine FDA to derive their conclusions. "As such, the company would like to clarify that the statement should not be interpreted as a projection by management," Biolidics added. 198402868E. Should be alright la I think SGX just want them to clarify on some queries. "While the company is not privy to the grounds of investigation of potential claims on behalf of purchasers of Aytu against Aytu, the company believes that it would not be impacted by news on such investigation," said Biolidics. Biolidics probably just a stepping stone for the China company to get HSA cert. Hence, this test will not be suitable to tell if a patient had COVID-19 previously. Share gift link below with your friends and family. DYODD. About 79.7 million shares had changed hands by then, making Biolidics one of the most heavily traded by volume for the morning session. The Company had supplied its COVID-19 Rapid Test Kits on the 3 April 2020, to conduct validation studies in conjunction with the National Public Health Laboratory/NCID. Biolidics (SGX:8YY) has received approvals to distribute its rapid test kit for COVID-19 in the U.S., Philippines and EU. You can read this subscriber-only article in full, All done! The stock closed down 5.5 per cent to 42.5 cents yesterday. Why not an art piece or display? A quick search shows that the test kits are manufactured in China. A version of this article appeared in the print edition of The Straits Times on April 28, 2020, with the headline 'Biolidics replies to SGX on appointing Aytu BioScience'. Biolidics, a cancer diagnostics company, was asked how it came to pick Denver-based Aytu last week to distribute its rapid-test kits for novel coronavirus antibodies. Suntec REIT - UOB Kay Hian 2020-10-09: A Time To Sow & A Time To Reap; Upgrade To BUY, Top Glove - Maybank Kim Eng 2020-10-08: An Ongoing Journey, Singapore REITs - DBS Research 2020-09-29: Insatiable Growth Appetite, Volume Breakout - SGX Stocks with Surging Volume, Price Target with Substantial Upside /Downside Potential, Price & Volume Breakout - Stocks at 3-Month High, Price & Volume Breakout - Stocks at 3-Month Low. Support us and give our facebook page a 'like' or 'share' if you like the articles here! The manufacturing of the rapid test kit is outsourced to a diagnostic kit manufacturer which adheres to ISO13485 standards for medical devices manufacturing. Who says your TVs can only be TVs? Biolidics said it was introduced to Aytu by a Denver-based business associate at the end of last month and was aware of media reporting on the alleged distribution of unauthorised test kits. Market Outlook & Strategy Research Report, Price Targets with Substantial Upside / Downside Potential, Average Target Price & Fair Value Recommendations, STI Constituents Price Targets & Stock Ratings, SGinvestors.io - Where SG Investors Share, Wilmar International - Maybank Kim Eng 2020-10-15: Value Dislocated? iFast Corporation - UOB Kay Hian 2020-10-13: Riding On The Wave Of Digitalisation & Fintech; Initiate Coverage With BUY. You will need to make your own independent judgment regarding the analysis. UOB Share Price, The SGX also asked what the financial impact could be to Biolidics from ongoing probes into claims that Aytu supplied healthcare providers with coronavirus tests from unapproved Chinese manufacturers and may have breached United States securities laws. Until we resolve the issues, subscribers need not log in to access ST Digital articles. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. SingTel Share Price, Incorporated in 2009 and listed on the Singapore Stock Exchange, Biolidics Limited is a Singapore-based medical technology company with a focus in developing a portfolio of innovative diagnostic solutions to lower healthcare costs and improve clinical outcomes. Share your opinion and gain insight from other stock traders and investors. SingTel - DBS Research 2020-10-02: Will SingTel Benefit From Leadership Change? Divergent Price Action Between Wilmar & Yihai Kerry Arawana Unjustified, Singapore Market Focus - DBS Research 2020-10-13: Awakening From September Slumber, Singapore Stock Alpha Picks (Oct 2020) - UOB Kay Hian 2020-10-06: Adding In Wilmar International, Singapore Press Holdings (SPH) - CGS-CIMB Research 2020-10-14: A Year To Forget, Singapore 4Q20 Stock Strategy - UOB Kay Hian 2020-10-13: Focus On Stability & Selected Cyclicals. We have been experiencing some problems with subscriber log-ins and apologise for the inconvenience caused.
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