Ann: Cellmid Signs COVID-19 Rapid Diagnostic Supply Agreement, page-98

This is great stuff for CDY however being the first doesn’t mean you get the best rate from distributor......in fact I think you’ll find the supply agreement signed will be at a premium purchase price and they’re locked in for 12 months. It would have been a bidding war to secure distribution rights, it’s not like there isn’t a market for these thing. I think it’s a poor decision by CDY to lock themselves into a price in this environment, they will be burnt.
These tests are flooding the Chinese market atm and it will only be a matter of days/weeks before there are approved for use elsewhere in the world - we’ve already seen governments are pushing them through approval procedures. TDL is another supplier that’ll be supplying in a couple days I believe.
There is no doubt that CDY test kits will be well above market price in the very near future and probably leave them with a significant stock of unused tests they’ll need to sell off at a loss.

We’ve seen this kind of thing before.....be very careful you don’t get wrapped up in the hype people.