Biolidics probably just a stepping stone for the China company to get HSA cert. 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. They can read the article in full after signing up for a free account. Sias also asked how Biolidics adds value to test kits that are made by a Chinese supplier in Nanjing. SingTel Share Price, The manufacturing of the rapid test kit is outsourced to a diagnostic kit manufacturer which adheres to ISO13485 standards for medical devices manufacturing. 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. How did StarHub Smart WiFi fare when tested? Get The Straits Times app and receive breaking news alerts and more. DYODD. Get unlimited access to The Straits Times and more at S$ 0.99/month. 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. Why not an art piece or display? Hence, this test will not be suitable to tell if a patient had COVID-19 previously. Biolidics reiterated to shareholders that it "is actively developing the market for the test kits" in Singapore, the Philippines, the European Union and the US, and seeking regulatory approval elsewhere. Wilmar International - CGS-CIMB Research 2020-10-16: Mind The Gap! Biolidics (SGX:8YY) has received approvals to distribute its rapid test kit for COVID-19 in the U.S., Philippines and EU. The LFA technology used by. You can read this subscriber-only article in full, All done! Sign up for our daily updates here and get the latest news delivered to your inbox. 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 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 Singapore Exchange (SGX) has queried Catalist-listed Biolidics over its appointment of a scandal-hit company as an exclusive distributor for rapid Covid-19 … The results will have to be interpreted together with clinical presentation and are to be confirmed with supplementary testing. Forum members and moderators are responsible for their own posts. 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. to tell if a patient has COVID-19 previously). All types of testing have its limitations and here are the key issues generally associated with RT-PCR testing: As it is a laboratory procedure and require specialised laboratory personnel, it is a low-throughput method; If the viral load within a COVID-19 patient diminishes and unable to be detected, the result will be negative. Market Focus - DBS Research 2020-10-06: Awaiting The Antidote; 2020 Winners - Which To Keep & Which To Reduce? 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 . But it is not to be used for confirmatory testing or as the sole basis for diagnosis. OCBC Share Price. Share gift link below with your friends and family. The clinical validation to be performed at National Public Health Laboratory/NCID and NUH is to : verify the clinical performance claim in the product insert (i.e. "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.". 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. This article is now fully available for you, Please verify your e-mail to read this subscriber-only article in full. Biolidics Ltd - Phillip Securities 2020-04-21: Q&A On Their COVID-19 Rapid Test Kit. "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. Additionally, the Company will begin a separate study with NUH commencing on 6 April 2020. It still went ahead with its distributorship agreement on April 23 because it believed, after carrying out due diligence such as an assessment of Aytu's financial standing and track record, that the company would be a suitable distributor for its own coronavirus test kits. The causative agent of COVID-19 pandemic is a virus named SARS-CoV-2. 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'. No. 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. 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. 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. 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. The gift link for this subscriber-only article has expired. But a log-in is still required for our PDFs. Latest Forum Topics / Biolidics Last:0.325-- Post Reply: BIO PHARMA company do research on MEDICAL DISEASES. All rights reserved. By registering, you agree to our T&C and Privacy Policy. 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. The rapid test kit may also be used as a diagnostic support/ triage to false negatives by nuclei acid test (i.e. 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. 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