BDX 4.17% 11.5¢ bcal diagnostics limited

Doing a little reading on NATA accreditation. It states on the...

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    Doing a little reading on NATA accreditation. It states on the NATA website accreditation may take up to six months.

    Good news is the Bcal preso on 6th March states in Dec 2023 the advisory visit by NATA was completed, so the process in well underway (Janes words in preso)

    Once the advisory visit is complete application forms are sent to Bcal to submit the application. They then book an initial assessment, this assessment is a thorough review of relevant documents, discussions with staff and of witnessing activities proposed for accreditation.

    A meeting will be held at the completion of the assessment to review the report and findings. These findings will be confirmed in a formal report, usually within 2 weeks of the inital assessment visit (prompt if you ask me).

    Where the assessment findings identity non-conformities, the organisation may be required to take appropriate action. Nata Accreditation specialists will work closely with the organisation during this time to ensure its submission is reviewed efficiently (also promising for quick turn around).

    The management team and board have been involved in taking 80+ diagnostics to commercialisation so I'm certain it's not their first rodeo when it comes to NATA.

    From the NATAS website - The NATA endorsement is widely recognised in Australia and overseas as a symbol of competence and reliability. (This will also help fast track global expansion)

    We could see BP partnerships come in once we get NATA approval... Based on the 6 months process we could be very close to the inital assessment date if it hasn't already happened.https://hotcopper.com.au/data/attachments/6204/6204791-e52045242ab06b1a4fd5a51e01576383.jpg

    Last edited by manlymanly: 28/05/24
 
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