ADO 10.0% 2.2¢ anteotech ltd

TGA today?, page-367

  1. 814 Posts.
    lightbulb Created with Sketch. 1225
    Hi Neesie,

    See below the text.

    I thought I would post here so everyone can share / see. I think you can just copy and past from here, but if problem let me know.

    Feel free to change or take on anyones thoughts.

    Must admit running out of puff a bit tonight so not sure if reads OK still. But - go for it!......confused.png

    I note and respect PF's thoughts to wait a week, will be 3 days by end of tomorrow, so getting close!?

    Cheers
    EB
    ----------------------------------------------------------------------------------------------------

    Iwrite to you because while covid cases grow and new strains of covid emerge,there is an Australian produced world class test that continues to awaitapproval by the TGA.

    Inthe past 10 weeks, more than 18 rapidantigentests that have been approved inAustralia. Almost all are produced by large multi-national overseas companies.Almost all have been approved, yet their level of sensitivity and accuracy is mostly well below a gold class Australian product, which is still waitingapproval.

    ThisAustralian test is called ‘Eugeni’. It is produced by a Queensland companycalled Anteotech.

    Itis a test that has a 97% accuracy rating (comparable to existing PCR testsresults and confirmed by the Victorian Infectious Diseases Reference Laboratory).Itprovides a result in 15 minutes while the patient waits, at a fraction of the costand time when compared to the current PCR test. Currently costing up to $150 per test. A cost being borne by the Australian taxpayer and all visiting individuals and families.

    So, Why?
    Why are these overseas tests being approved and advanced, while a far superior Australianproduct waits in a queue for months?
    Why would anyone make a decision to fast-track an inferior series of tests ahead of an Australian produced product with a far superior testing performance?
    Whywould any regulatory body avoid fast-tracking a test that is cheaper, quickerand almost as effective, which could save millions of dollars for Governments andAustralians having to pay for less costly PCR testing?
    Why would we not instead want to fast-track a cheaper, more efficient, highlysensitive test, which provides each person being tested with a low cost accurate result in 15 minutes?

    I don't know why, which is why I write to you. How can a homegrown, farsuperior test not have been fast-tracked in the middle of a pandemic?

    As a journalist we are hoping you will see that there is a public interesthere, with at least some questions to be asked.

    Thank you for reading.
    Last edited by Eggboy: 07/12/21
 
watchlist Created with Sketch. Add ADO (ASX) to my watchlist
(20min delay)
Last
2.2¢
Change
0.002(10.0%)
Mkt cap ! $54.31M
Open High Low Value Volume
2.0¢ 2.2¢ 2.0¢ $43.72K 2.066M

Buyers (Bids)

No. Vol. Price($)
8 645999 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 142824 2
View Market Depth
Last trade - 15.57pm 26/08/2024 (20 minute delay) ?
ADO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.