Investor Briefing - 02/08/2021, page-20

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Freeman1

35 Posts.

27/08/21

15:38

Post #: 55631401
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Originally posted by FinFree101: ↑

Posting this here, as it seems quite relevant to the AU Ag RDT market + AT1's aged care trials underway ("in several states per CEO today")

Context - part of the Covid19 infection update was the outbreak at the Wyoming facilty (Summerhill, Sydney; 18 residents so far)

12min4sec: Greg Hunt (AU Health Minister) was asked below by reporter:
"How is possible that an aged care worker worked across 3 facilities whilst infectious, given this issue was raised more than a year ago..who is responsible for that failure as its against regulation..and is time to have surveillance testing of such aged care staff in these hotspot areas?"

12min22sec: Greg answers the surveillance testing portion first and shares a pretty big AU Federal gov + health dept advisory committee shift about Ag RDTs

So....
- the AU fed gov just casually shared a major policy shift that now the medical advice (& the gov view) is Ag RDTs are fine to support, trial + use in professionally managed settings; looking to expand it broadly if successful; and that even consumer self-diagnosis/pharmacy/POC option are also possible in time..!!

- secondly, Greg talked about trials in aged care settings currently underway...results of which are hoped to direct the RDT usage widely..

This bit is speculative:
- AT1 is the only company I am aware of that has multiple AU state aged care RDT trials underway (with the goal to help shift/recommend usage designs across this sector). The gov certainly may be trialling another brand test in gov managed homes...or could Greg have been referring to the AT1's trials underway?

- we also have the AFR news article last week which indicated that NSW gov/health bodies are 'supposedly waiting' for AT1's Carestart trial results in a NSW home to help guide policy.

- so....<drum roll??>......

Expand

Isn't he referring to Roche who is supplying RAT to federal government for testing in Aged care facilities in Greater Sydney (apparently 3 more suppliers will be added in the fed list in the future).
Also, I think the trial that he is taking about was the one that is being undertaken at Whiddon Residential Aged Care in Glenfield, not sure if our device was used here?

The above info is from health.gov.au

AT1 Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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