The wording did trouble me when I read first, since it could have been interpreted in two ways.
While I strongly hope and feeling that "registration" is in effect "approval" I am not sure if this was verbally communicated during the AGM in a better way than the tweet or the report?
Unfortunately I couldn't attend the AGM, so I would be keen to find out if anyone clarified during the AGM if "Italian regulatory registration received" means -
The Italian regulatory authority has registered the request for approval by ADO
OR
That the Italian regulatory authority has registered / approved the ADO test to be used for the market
I am pretty sure everyone here believes it to be the latter, in which case this should have been announced as a price sensitive announcement and I would expect that this is going to result in some contracts and hopefully a significant market share of 90,000,000 tests per annum, exhausting our entire capacity as of next year almost 3 times over - I would look forward to how quickly we can engage other manufacturer as Operon won't be able to keep up....
If it is the former then the question would be - How quickly does the Italian regulatory authority turn around an approval.
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